Islamic Finance: MMA Partners with INCEIF, Explores Financial Centre and Capacity Building

The Maldives Monetary Authority (MMA) has signed a Memorandum of Understanding (MoU) with INCEIF University to develop a skilled talent pool that...

President Muizzu Calls for Global Unity and Climate Action at the UNGA 79

At the 79th Session of the United Nations General Assembly, President Dr. Mohamed Muizzu of the Maldives delivered a powerful speech, urging...

President Muizzu Engages with Global Leaders at UNGA 79

President Dr Mohamed Muizzu has been actively engaging with international leaders during the 79th United Nations General Assembly (UNGA) held at the...

September Sees 4.6% Increase in Tourist Arrivals

Tourist arrivals to the Maldives continue to show positive trends, with September 2024 marking a 4.6% increase compared to the same period...

Users on High Alert Following Wave of Unauthorised Transactions

Social media has been flooded with posts from frustrated customers of the Bank of Maldives (BML) who have reported unauthorised transactions from...

President Muizzu Advocates for Inclusive Digital Future at Summit of the Future

In an address at the Summit of the Future’s Interactive Dialogue 3, President Dr Mohamed Muizzu, emphasised the urgent need to...

Ooredoo Launches Exciting “Win a Motorcycle Every 3 Days” Giveaway as Part of 5G...

Ooredoo Maldives has launched a new promotion offering customers the chance to win a brand-new motorcycle every three days as part of...

Maldives State Shipping Launches New Route to Indonesia

Maldives State Shipping (MSS) has launched a new shipping route to Indonesia, utilising MSS's vessel, the MSS Graphene. The new service will...

Ministry of Finance Yet to Release Fiscal Updates, Over Three Months Since Last Report

The Ministry of Finance has still not published the overdue weekly fiscal updates, with the last report released on 20th June 2024....

Strict Oversight for Bunkering Services in the Maldives

With the Maldives' new bunkering services launched last Thursday, the government has taken significant steps to regulate the industry, aiming to curb...

President Muizzu Discusses Maldives’ UN Role and Fiscal Reform with UNSG

President Dr Mohamed Muizzu met with United Nations Secretary-General António Guterres this afternoon on the sidelines of the 79th United Nations General...

Over 4,000 Expats Deported for Legal Violations Since November

Maldives Immigration has announced the deportation of over 4,000 expatriates for various legal violations since President Dr Mohamed Muizzu assumed office. 

Government Relaunches Loan Program for RSW Systems on Fishing Vessels

The government has officially reopened applications for fishermen to finance the installation of Refrigerated Sea Water (RSW) systems on fishing vessels.

President Muizzu Calls for Empowering Youth and Combatting Climate Change at Summit of the...

Addressing the Plenary of the United Nations Summit of the Future, President Dr Mohamed Muizzu made a compelling call for urgent global...

7,500 Employers Suspended from Xpat System for Unpaid Expat Fees

The Ministry of Homeland Security and Technology has suspended 7,500 employers from accessing the Xpat system, the online portal used to manage...

Thinadhoo Cold Storage to be Completed by Next Year: Minister Shiyam

The government plans to complete the cold storage facility in Thinadhoo by next year, announced Fisheries and Ocean Resources Minister Ahmed Shiyam...

PCB Publishes Pool for Accounting and Finance Directors in SOEs

The Privatization and Corporatization Board (PCB) has unveiled a pool of 48 qualified professionals from which state-owned enterprises (SOEs) are required to...

MMPRC Opens RFP for Maldives Stand at ILTM Cannes 2024

The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a Request for Proposals (RFP) for the design and construction of the...

Taxi Registration Policy Updated to Require Garage Letter

The guidelines for taxi registrations have been revised to require a garage letter once again. Last year, the previous...

President Muizzu Calls for Stronger Link Between Debt Relief and Climate Finance

President Dr. Mohamed Muizzu has urged the international community to strengthen the connection between debt relief and climate finance to address the...

Revenue from Foreign Labourer Quota Fees Doubles Amid Stricter Enforcement

The Maldives Inland Revenue Authority (MIRA) has announced a significant rise in revenue from foreign labourer quota fees, which have doubled this...

Maldives Celebrates 30 Awards at SATA 2024, Earns “Leading Beach Destination” Title

The Maldives has achieved notable success at the 8th edition of the South Asian Travel Awards (SATA), taking home 30 awards. The...

Dhiraagu Becomes Digital Partner for FHAM 2024 Global Culinary Challenge

Dhiraagu has been announced as the Digital Partner for the Food and Hospitality Asia Maldives (FHAM) Global Culinary Challenge & Exhibition 2024....

BML Announces Chairperson and Board Directors

Bank of Maldives has announced the appointment of new directors and the chairperson to its Board of Directors following an Extraordinary General...

LATEST ARTICLES

2024 Report: Treasury Bills Drive Surge in Domestic Debt Holdings

The Maldives Monetary Authority’s (MMA) Annual Report for 2024 paints a concerning picture of the country’s fiscal landscape, with public debt...

World of Business to Complete Hulhumale’ City Hotel After STO Exit

After years of delays and shifting partnerships, the long-stalled Hulhumale’ City Hotel project is finally set to be completed under a...

Ooredoo’s m-Faisaa Rolls Out Fee-Free Global Transfers Until July

Ooredoo Maldives has announced a new promotion through its digital wallet service m-Faisaa, allowing users to send international money transfers without...

Concessions Planned for Five Atolls as Government Pushes Tourism Growth

The Maldivian government is preparing to unveil a package of targeted concessions aimed at accelerating tourism development in five underdeveloped atolls....

London Met and NEXT Education Group Celebrate Graduates, Offer Flexible UK Degrees for Working...

In a ceremony that marked the culmination of academic achievement and perseverance, London Metropolitan University held its regional graduation event in...
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