Ooredoo Re-opens Registration for Ooredoo Fun Run – Kulhudhufushi!

Ooredoo Maldives has re-opened registrations for Ooredoo Fun Run – Kulhudhufushi to enable more participants to register and participate in the Happiest...

STO Reports 37% Increase in Net Profit in Q1 2023 Due to Lower Operational...

State Trading Organization (STO), a state-owned enterprise, has declared a net profit of MVR 368 million for the first quarter of 2023....

BML Concludes Wow Kidz Run 2023 in Partnership with TFG

Bank of Maldives (BML) recently concluded a highly successful edition of the Wow Kidz Run, a collaborative event organized with Total Fitness...

STELCO Introduces Synchronized Billing for Waste Collection Services

State Electricity Company Limited (STELCO) is implementing a new billing system in partnership with Waste Management Corporation Limited (WAMCO) to streamline waste...

USA Commits Additional Funding of USD 7.2 Million to Maldives

The tenth amendment to the Development Objective Grant Agreement (DOAG) has been signed between the Maldives and the United States of America.

BML Successfully Concludes Coding and Engineering Program

Bank of Maldives has successfully concluded the Coding and Engineering program held as part of the International Women’s Day celebrations to promote...

State Revenue Reaches MVR 16.9 Billion by July 2023, Indicating Steady Growth and Tax...

The Ministry of Finance has recently announced that the state's revenue has reached a significant milestone, totalling MVR 16.9 billion as of...

Navigating the Delicate Balance: Maldives-China Relations and Development

The Maldives has recently found itself at the intersection of major geopolitical dynamics, particularly in its relations with China. Over the years,...

Gov’t to Expand Fish Processing Capacity with Chinese Partnership

The government, seeking to bolster the country's vital fishing industry, has partnered with Dongfang Electric International Corporation of China to establish new...

Chinese Company Contracted to Address Power Shortages in Addu City

Fenaka Corporation Limited has signed an agreement with Chinese company DEC Dongfeng Electric Machinery Co., Ltd. The contract aims to establish a...

Ooredoo Maldives Celebrates Children’s Day with ‘Ufaa Festival’

Ooredoo Maldives, in collaboration with the Ministry of Social and Family Development and Housing Development Corporation (HDC), is hosting a two-day celebration...

Foreign Workers in Maldives Must Obtain Island-Specific Permits, Says Minister

Minister of Homeland Security and Technology Ali Ihusaan has revealed that the Maldivian government will introduce a new policy mandating foreign labourers...

Black Ant Fishing Wins Ooredoo Masrace 2024 Championship in GDh. Thinadhoo

Black Ant Fishing has secured the championship title at the Ooredoo Masrace 2024, held in GDh. Thinadhoo, with an impressive total of...

Amendment to the Maldives Securities Act Opens New Avenues for Foreign Investors

The People’s Majlis has passed the third amendment to the Maldives Securities Act 2/2006, marking a significant step towards enhancing foreign investment...

Vape Products to Face 200% Duty Increase Before Import Ban Next Month

The government has announced a significant increase in import duties on e-cigarettes and related vaping products as part of amendments to the...

Government debt settlement exceeds MVR 900 million

The Government's financial debt settlement has exceeded above MVR 900 million. According to financial statistics revealed by the Finance...

WTM 2020 to host a ‘Maldivian Night’

Minister of Tourism, Ali Waheed has announced that the World Travel Market (WTM) 2020 will host a ‘Maldivian Night’.

Registrations Open for 3rd Batch of CIM – CMA

Corporate Maldives Academy (CMA) has opened up registration for the third batch of Chartered Institute of Marketing (CIM) level 6 in Professional...

Visa Exemption for Maldivians travelling to Morocco

Maldivian nationals travelling to the Kingdom of Morocco will be exempted from visa, effective from 13 March 2020. The visa exemption...

Dhiraagu Enables FREE Access to Government Network for Civil Service Employees.

Amid COVID-19 pandemic, Dhiraagu has partnered with the Ministry of Communication, Science, and Technology to enable FREE access to government networks through...

Maldives-China to hold First DG Level Bilateral Coordination Mechanism Talks

The Government of Maldives and the Government of People’s Republic of China is set to hold its first Director General level Bilateral...

Ooredoo Concludes Digital Literacy Program in Kulhudhufushi

Ooredoo concludes Digital Literacy Program in Kulhudhufushi on 8th August. This program for the elderly aims to ensure inclusive access to digital...

Escape Winter with Lily Beach Resort’s Secret Deal

Lily Beach Resort & Spa has introduced an exclusive deal as part of the resort's winter promotion for this year.

2021 State Budget Underscores Significant Fiscal Deterioration Amid Tourism Collapse: Moody’s

International financial research and credit rating agency, Moody’s Investors Service (Moody’s) has said that the 2021 budget proposed by the Maldivian government...

LATEST ARTICLES

Electricity Relief Carried Into April, STELCO Confirms

State Electric Company Limited (STELCO) has clarified that electricity bills issued for April 2025 closely resembled those of March in many...

Bayfancy Residence Now Open for Sales

Bayfancy Residence has officially launched sales for its highly anticipated residential development in Hulhumalé Phase II, bringing a blend of intelligent design,...

Green Tax Haul Doubles in April After Rate Hike

Green Tax revenues for April 2025 more than doubled compared to the same period last year, according to the latest figures...

Maldivian Expands Domestic Network with Muli Route

Maldivian, the national airline of the Maldives, has announced the launch of direct flights to Meemu Muli, introducing scheduled air connectivity...

First Tranch of ADK Hospital’s Debut Bond Closes With Full Subscription

ADK Hospital has successfully closed the first tranche of its debut corporate bond, reaching full subscription—a historic first in the Maldives' capital market.
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