Moody’s Confirms Maldives’ Caa2 Rating with Negative Outlook
Moody’s Ratings has confirmed the Maldives’ long-term local and foreign currency issuer ratings at Caa2 with a negative outlook. This decision concludes...
Chinese Ambassador Bids Farewell to Maldives, Strengthens Bilateral Ties
The Ambassador of the People's Republic of China to the Maldives, Wang Lixin, paid a farewell call on President Dr Mohamed Muizzu,...
Ooredoo Maldives Launches Truly Unlimited SuperNet Plans
Ooredoo Maldives has introduced an unprecedented upgrade to its SuperNet services, offering customers truly unlimited internet with no data caps. The newly...
Sea-to-Air Cargo Service at VIA Reaches Milestone with 1,000 Tons Transported
The Maldives Airports Company Limited (MACL) has announced that its sea-to-air cargo service at Velana International Airport (VIA) has successfully facilitated the...
Finance Minister Asserts Bankruptcy Warnings Have Ceased
Finance Minister Moosa Zameer has stated that international financial institutions, including the International Monetary Fund (IMF) and credit rating agencies, are no...
Money Changing Licenses Expire as MMA Receives 98 Applications Under the New Regulation
The Maldives Monetary Authority (MMA) has announced the expiration of money-changing licenses for businesses that failed to apply under the new Regulation...
Maldives to Join Asia Pacific Regional Forum on Health and the Environment
The Cabinet of Ministers has approved the Maldives’ membership in the Asia Pacific Regional Forum on Health and the Environment (APRFHE), following...
President Ratifies Urban Development Act
President Dr Mohamed Muizzu has ratified the Urban Development Act, establishing a comprehensive legal framework to guide urban planning and development across...
Moosa Nimal Appointed Chief Business Officer of Bank of Maldives
The Bank of Maldives (BML) has appointed Moosa Nimal as its new Chief Business Officer (CBO), recognising his extensive contributions to the...
Maldives Balances Mild Inflation and Rising Construction Costs as Tourism Grows
Recent data from Maldives Bureau of Statistics reveals a mixed outlook for the country, with stable consumer prices in October 2024 contrasting...
Parliament Approves Stricter Copyright Act with Fines Up to MVR 300,000
The parliament has passed amendments to the Copyright Act, introducing stricter penalties and extended protections for intellectual property rights. The revised law,...
Govt’s Pension Reversal Highlights Policy Woes
The government has reversed its decision to discontinue monthly pension allowances for new retirees entitled to double pensions. This change reportedly follows...
NCIT Resumes eFaas Online Face Verification with New Provider
The National Centre for Information Technology (NCIT) has reinstated the online face verification service for the National Digital Identity platform, eFaas, following...
MPL Unveils Plans for Cruise Terminals at Four Locations
Maldives Ports Limited (MPL) has announced plans to develop cruise terminals at four strategic locations as part of its masterplan, aiming to...
Tourism Arrivals in November 2024 Grow by 5.7% Compared to 2023
The Maldives recorded 172,985 tourist arrivals in November 2024, reflecting a 5.7% increase compared to 163,658 arrivals in November 2023, according to...
Two Winners Selected by Ooredoo Maldives for Doha Marathon 2025
Ooredoo Maldives has announced the winners of its lucky draw for the Doha Marathon 2025, selecting Mohamed Azhad Ahmed and Thoriq Mohamed...
Bayfancy Residence: Luxury Living Meets Nature in Hulhumalé
Bayfancy Private Limited has unveiled Bayfancy Residence in Hulhumalé, combining modern luxury with eco-friendly design. This exclusive development offers an unparalleled living...
New Airport Departure and Development Fees Come Into Effect
The revised rates for the Airport Departure Tax and Airport Development Fee for tourists leaving the Maldives have officially come into effect...
CROSSROADS Maldives Introduces Russian Ruble Payment Option
CROSSROADS Maldives, the premier integrated multi-island leisure destination of the Maldives, launches HotelPay, a cutting-edge payment gateway designed to enhance the travel experience for...
Bank of Maldives Appoints Sahar Waheed as Deputy CEO and COO
The Bank of Maldives (BML) has announced the appointment of Sahar Waheed as its new Deputy Chief Executive Officer and Chief Operations...
Gov’t to Discontinue Monthly Allowance for Newly Retired Employees Starting January
The government has announced the discontinuation of the monthly allowance for newly retired employees beginning January 2025. The decision was communicated in...
Dhiraagu Launches New ‘Limitehneiy’ Fibre Broadband Packages
Dhiraagu has introduced its all-new ‘Limitehneiy’ Fibre Broadband packages, transforming internet connectivity across the Maldives. The new packages, offering speeds from 20...
Indian High Commission Engages Maldives Monetary Authority on NRI Remittance Challenges
The Indian High Commission in the Maldives has raised concerns with the Maldives Monetary Authority (MMA) regarding challenges faced by Indian nationals...
Gov’t Evaluates Proposals to Lease Uninhabited Islands for Economic Activities
The government has completed the evaluation of proposals from three local councils seeking to acquire uninhabited islands for economic activities. Minister of...
LATEST ARTICLES
Visit Maldives Unveils Subtle Brand Refresh to Strengthen Global Visibility
The Maldives Marketing and Public Relations Corporation (MMPRC), also known as Visit Maldives, has introduced a refreshed logo and updated brand identity...
Why Choose Bayfancy Residence?
To understand why Bayfancy Residence has become a standout in the real estate market, we interviewed Mr. Gehan Jayawardena, the project’s Sales...
Tourist Arrivals in July Up 16.5 Percent as Maldives Sees Strong Mid-Year Surge
Tourist arrivals to the Maldives reached 70,263 in the first 12 days of July 2025, marking a 16.5 percent increase compared to...
WEF Roundtable Highlights Strategies Maldives Can Tap for Economic Resilience
At a time of growing uncertainty in global trade, supply chains and investment flows, the World Economic Forum’s inaugural Resilience Leaders’ Roundtable,...
Maldives Trains New Rangers to Boost Conservation of Protected Areas
The Maldives National University (MNU) has graduated its first cohort of trained environmental rangers, a milestone in the country’s efforts to strengthen...
