Gov’t Amends Finance Regulation to Permit Private Sector Project Proposals

The government has amended the Public Finance Regulation, enabling private sector participation in submitting proposals for projects aligned with development targets. The...

Maldives’ Human Capital Grows Amid Educational and Gender Employment Challenges

The World Bank Group's Human Capital Review on the Maldives offers a comprehensive analysis of the nation's potential to utilize its human...

Maldives Aid Revised Upwards in India’s Budget

India has increased its budgetary allocation for aid to the Maldives for the 2024-25 fiscal year to USD 93.8 million (MVR 1.4...

World Bank Advises Maldives’ Make Urgent Fiscal Reforms

The Maldives is confronted with escalating debt, even as the World Bank forecasts a modest 4.7% economic growth for the nation this...

MPL Opens Applications for Apprenticeship Programme 2024

Maldives Ports Limited (MPL) and the Ministry of Youth Empowerment, Information, and Arts have announced that applications for the 2024 Apprenticeship Programme...

SIMDI Hosts The MONIN Cup Maldives 2024 Featuring 15 Mixologists

SIMDI Group and Monin held the first Monin Cup in the Maldives last Saturday at Taj Exotica Resort & Spa Maldives. 

Slight Uptick in June 2024 Tourist Arrivals for the Maldives

The Maldives has recorded a slight increase in tourist arrivals for the month of June 2024, compared to the same period in...

IFC Appoints Wendy Werner as New Country Manager for the Maldives

The International Finance Corporation (IFC) has announced the appointment of Wendy Werner as the new Country Manager for the Maldives. Werner, based...

Business Interests in Parliament: The Controversy Over Expatriate Worker Fines

A recent meeting of the Parliament’s Committee on National Security Services (241) has brought attention to potential conflicts of interest, as prominent...

Maldives Inflation Rises to 1.3% in Q3 2024 as Electricity and Food Costs Increase

The Maldives saw its annual inflation rate accelerate to 1.3% during the third quarter of 2024, compared to just 0.3% in the...

Tourist Resorts Expected to Exchange Up to USD 40 Million Under New Currency Law

The Maldives Monetary Authority (MMA) anticipates that tourist resorts will exchange between USD 30 million and USD 40 million from October 2024...

Over 2000 Meetings Prescheduled With Over $1 Billion Worth of Contracts to be Discussed...

Over 2000 prescheduled meetings have already been set to take place at Travel Trade Maldives (TTM). TTM Organizers, Orca Media Group expects...

President Estimates Population Rise to 5 Lakh by 2019 end

The President of the Maldives, Honorable Ibrahim Mohamed Solih has estimated that the population of Maldives will rise to 5 lakh by...

Maldivian fully booked up for the holiday season

The national airline of Maldives, Maldivian has reported that its domestic flights are fully booked for the next two weeks.

Maldives welcome media from Turkey for a familiarization trip

Maldives Marketing and Public Relations Corporation (MMPRC) welcomed media from Turkey to the Maldives for a familiarization trip. This is the 21st...

BML Announces New Director of Operations

Bank of Maldives has announced the appointment of Ms. Laura Jamieson as its Director of Operations. Laura brings over...

President Expects a loss of USD 446 Million in Government Revenue Amid COVID-19 Pandemic

President Ibrahim Solih has stated that if the tourism industry continues to fall due to the spread of COVID-19, government revenue for...

‘The Country Acknowledges and Appreciates the Vital Role of the Maldives Police Service in...

President Ibrahim Mohamed Solih addressed the Maldives Police Service (MPS) this evening, during his visit to Iskandhar Koshi. The President expressed his...

Importation Decreases by 49% for July

The importation percentage of Maldives for the month of July has decreased by 49 according to the statistics published by the Maldives...

UN Commends Maldives Climate Action Plan

Executive Secretary of the United Nations Framework Convention on Climate Change Patricia Espinosa has praised the Maldivian Government on the ambitious net-zero...

Medtech Maldives Donates 4000 Bottles of Antibacterial Handwash to Education Ministry

Medtech Maldives has made a generous donation of 4000 bottles of antibacterial handwash to the Ministry of Education.

The Vaccine Will Help Tourism Recover; Vaccine Passports Will Not – by Sonu Shivdasani

The founder of a large Thai hospitality company recently wrote to the Thai Prime Minister, urging him to introduce ‘vaccination passports’ in...

Apply to Dhiraagu Fibre Broadband and Enjoy Free Connection!

Dhiraagu has launched a special promotion offering free connection for customers residing at premises where there is an existing fibre cable in...

Canada Approves USD 1 Million to Support Maldives’ Medical Waste Management

The Canadian government, in collaboration with the World Health Organization (WHO), has approved a project worth C$1.35 million to support the strengthening...

LATEST ARTICLES

Maldives Receives Financial Relief as India Defers T-Bill Repayment

India has granted a one-year extension on a USD 50 million Treasury Bill issued by the Maldives government, offering crucial liquidity...

Gov’t Eyes 1.52M Tonne Emission Cap, Says Minister

The Maldives is intensifying efforts to reduce carbon emissions through a nationwide expansion of renewable energy, according to statements made by...

Parliament Approves Aishath Asna Hamdi as Deputy Governor of MMA

Parliament has approved the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives Monetary Authority (MMA), following...

Reeling in Opportunity: The Rise of Sportfishing Tourism in the Maldives

The Maldives, with its blue lagoons and high marine diversity, is re-entering the tourism scene through the adoption of sportfishing. The...

Ooredoo Nation Inter-Resort Esports Tournament Wraps Up

Ooredoo Maldives has concluded its first-ever Inter-Resort Esports Tournament, connecting resorts across the country in a virtual competition that spotlighted the...
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