Maldives Customs Officers Investigated for Alleged MVR 400 Million Fraud

Authorities are investigating multiple officers from the Maldives Customs Service (MCS) over allegations of bribery, money laundering, and corruption. The inquiry, which...

Import-Driven Growth Propels Maldives’ Retail Sector Forward in Q3 2024

The Maldives’ Quarterly National Accounts for Q3 2024 reveal an optimistic trajectory for the wholesale and retail trade sector, with Gross Value...

Roads and Municipal Infrastructure Development in Gulhifalhu Set to Begin Under New Agreement

An agreement was signed between the Maldivian government and China Machinery Engineering Corporation for the development of roads and municipal infrastructure in...

Registrations Open for Corporate Maldives “Bizweek”

Corporate Maldives opens registrations for its flagship event, “Bizweek”, which will be held from 18 - 19 June 2025.

High Commissioner of India G. Balasubramanian Begins Mission in Maldives

The newly appointed High Commissioner of India to the Maldives, G. Balasubramanian, presented his Letters of Credence to President Dr Mohamed Muizzu...

2025 Set for Record Housing Projects in the Maldives

President Dr Mohamed Muizzu has revealed that the Maldivian government will begin the search for contractors to implement all planned housing projects...

Building Better Workplaces: HR Innovations for the Maldives in 2025

As the Maldives enters 2025, businesses must adapt to a transforming workplace shaped by technology, employee expectations, and the cultural dynamics of...

Maldives and India Discuss Development Projects and Bilateral Relations

Concluding his official visit to New Delhi, the Maldives’ Foreign Minister Abdulla Khaleel highlighted key discussions and agreements made with Indian officials,...

Maldives Concludes 2024 with MVR 14 Billion Budget Deficit

The Maldivian government concluded 2024 with a total revenue of MVR 34 billion and total expenditure of MVR 48 billion, as revealed...

FENAKA Reports Growth in Water Supply and Sewerage Coverage Across the Maldives

FENAKA Corporation Limited has reported progress in expanding its water and sewerage services across the Maldives over the past year.

Ministry Reopens Applications for Fishing Vessel RSW System Loans

The Ministry of Fisheries and Ocean Resources has revealed plans to reopen applications for loans aimed at funding the installation of Refrigerated...

Construction Credit Powers Sector Growth Despite Import Decline

The Maldives Monetary Authority’s Quarterly Economic Bulletin for Q3 2024 highlights a mixed performance in the construction sector. While the sector grew...

Designs Finalised for Proposed Airports as Efforts to Secure Funding Continue

The development of new airports across the country is progressing as the government finalises plans and works to secure investment for the...

Maldives Implements Stringent Tobacco Control Measures

The Maldives has escalated its tobacco control measures, enforcing a ban on the production of tobacco products within the country. This action...

Maldives, India Discuss Partnership, Sign New Development Agreement

Dr. Abdulla Khaleel, the Foreign Minister of Maldives, made his first official visit to India since assuming his role in September of...

MMPRC Plans Major Shift in Marketing Strategy, Reducing Tourism Fair Spend by 30%

The Maldives Marketing and Public Relations Corporation (MMPRC) has revealed plans to reduce its expenditure on international tourism fairs by 30% this...

Duty Rates for China-Maldives FTA Now Available on Customs Website

The Maldives Customs Service has announced via a post on X (formerly Twitter) that the duty rates under the China-Maldives Free Trade...

2025 to Mark a Year of Development and Prosperity, Says President Muizzu

In his New Year’s address, President Dr Mohamed Muizzu outlined a bold vision for 2025, describing it as a year of significant...

STO Launches New Pharmacy in Maafannu

The State Trading Organisation (STO) has opened a new pharmacy in Maafannu, situated on Majeedhy Road, directly across from Veliga Hardware.

Maldives Celebrates Arrival of First Tourist of 2025

The Maldives kicked off the new year by welcoming its first tourist of 2025, Mr. Luis from Spain, at a small ceremony...

Ministry of Finance Takes Over Loan Approvals for State-Owned Enterprises

A recent change in policy mandates that State-Owned Enterprises (SOEs) must obtain approval from the Ministry of Finance before taking on any...

Maldives’ Foreign Currency Act Takes Effect

The Maldives has officially implemented the Foreign Currency Act as of 1 January 2025, marking a significant shift in how foreign currency...

Maldivian to Unveil Airbus A330 at Air Show

Maldivian, the national airline of the Maldives, is preparing to host an air show to unveil its first wide-body aircraft, the Airbus...

Maldives Immigration Announces New Year Holiday Operating Hours

The Maldives Immigration has announced its operating hours at the Male’ office for 2nd January 2025, in observance of the government holiday.

LATEST ARTICLES

Water and Sewerage Deadline Extended to 2027 with New Standards for Service Providers

President Dr Mohamed Muizzu has ratified an amendment to the Water and Sewerage Act, extending the deadline to establish water and sewerage...

MMA to Gain Wider Oversight as Parliament Approves Payment System Amendment

Parliament has approved a legislative amendment to the National Payment System Act, introducing extensive reforms aimed at tightening financial oversight and combating...

Japan Hands Over Vessels to Strengthen Maldives’ Policing Capacity

The Government of Japan has handed over eight vessels to the Maldives Police Service under its Economic and Social Development Programme, aimed...

WAMCO Denies Plans to Enter Local Tourism, Reaffirms Focus on Waste Management

The Waste Management Corporation Limited (WAMCO) has dismissed speculation that it is venturing into local tourism, stating that its focus remains on...

MIRA Seeks Prosecution in Major Tax Evasion Case Against Hope Travels

The Maldives Inland Revenue Authority (MIRA) has launched a major investigation and filed charges against Hope Travels, a company operating ferry services...
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