CMDA Signs MoU with UNDP Maldives to Develop an ESG Framework for Corporates in...

The United Nations Development Programme (UNDP) in the Maldives and the Maldives Capital Market Development Authority (CMDA) have announced the signing of...

Grand Park Kodhipparu Maldives Appoints Ahmed Saeid as the Human Resource Manager

Grand Park Kodhipparu Maldives, makes a key management appointment with Ahmed Saeid as the Human Resources Manager for the iconic resort located...

MIRA Publishes Compliance Improvement Plan For 2022

As part of Maldives Inland Revenue Authority's (MIRA) Compliance Risk Management Policy, MIRA has published the Compliance Improvement Plan for 2022.

Inflation in the Maldives Shows Minimal Increase Amid Rising Food Prices

The Maldives experienced a slight rise in inflation in July 2024, with the Consumer Price Index (CPI) increasing by just 0.10% compared...

Maldives IGF Kicks Off with High-Level Panel Discussion

The first-ever Maldives Internet Governance Forum (Maldives IGF) commenced yesterday, June 16, at the Maldives National University (MNU) Main Campus. The forum,...

Allied Community Fund and Education Fund Grant Winners Announced

Allied Insurance Company has disclosed the beneficiaries of its 2023 Community Fund and Education Fund, under the ambit of the “Premium for...

MNACI Introduces Inaugural Construction Industry Forum

The Maldives National Association of Construction Industry (MNACI) has launched the Construction Industry Forum (CIF), a pioneering platform aimed at fostering discourse...

MVR 600 million allocated for construction of 20,000 housing units

MVR 600 million has been allocated in the proposed national budget for 2020 for the construction of 20,000 housing units.

New Regulations Announced to Address Illegal Immigration in the Maldives

The Minister of Homeland Security and Technology has announced new regulations concerning the employment of foreigners in the Maldives, aimed at tackling...

DATA Conference Returns to Maldives: Revolutionising Travel with Analytics

The highly anticipated DATA (Destination Advancement Through Analytics) Conference is set to return to the Maldives on 16th October 2024. Hosted by...

IGMH and STO Sign MoU to Introduce PET Scan Services

Indira Gandhi Memorial Hospital (IGMH) has recently entered into a Memorandum of Understanding (MoU) with the State Trading Organisation (STO) and the...

Ooredoo Maldives’s m-Faisaa Facilitates Donations for Morocco Earthquake Victims

Ooredoo Maldives has provided a platform through m-Faisaa to offer assistance to those impacted by the recent earthquake in Morocco.

Maldives Sees Dollar Exchange Rate Suddenly Drop in Black Market

While the dollar exchange rate in the black market was around MVR 20, the rate has seen a sudden drop to lower...

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...

A Duration of 3 Years to be Allocated to Develop Islands into Resorts

One of the major complaints in the Maldivian tourism industry today is that that islands leased for resort development purposes remain undeveloped...

PCB’s 2022 Review Highlights Ongoing Challenges in SOE Corporate Governance

Privatization and Corporatization Board released Corporate Governance Review 2022, highlighting the advancements and ongoing issues faced by State-Owned Enterprises (SOEs) practices.

Bahauddeen Appointed Resort Manager at Hurawalhi

Bahauddeen has been appointed as the Resort Manager of Hurawalhi resort. Bahauddeen joined the CCR family in October 2018 as...

Maldives Projected to Achieve Record-Breaking Nominal GDP of MVR 100 Billion

The Ministry of Finance has announced that the country's nominal GDP is projected to reach MVR 100 billion this year, marking a...

HDC Granted the First Ever Telecommunication Infrastructure License in the Maldives

Housing Development Corporation (HDC) has been granted the Telecommunication Infrastructure Licence issued by the Communications Authority of the Maldives (CAM). This is...

Maldives Boasts Not One; Three Biosphere Reserves! How Many Have You Visited?

The beauty of Maldives stands out like a pearl in the ocean. It's stunning but wouldn't remain so unless these areas are...

E-Commerce Ambitions Undermined by Regulatory Failures in Maldives

The Maldivian government’s recent meetings with U.S. officials, including the U.S. Ambassador, illustrates a troubling pattern of acknowledging what needs to be...

State Minister Khaleel Calls on Minister of Finance and Climate Change of Tuvalu

Minister of State for Foreign Affairs, Ahmed Khaleel has met with the Minister of Finance and Climate Change of Tuvalu, Seve Paeniu...

“National Skills and Career Expo 2022” Opens, Aimed at Empowering Youth

President Ibrahim Mohamed Solih and First Lady Fazna Ahmed on Friday visited the "National Skills and Career Expo 2022," which opened as...

Fieldwork for Addu City Reclamation Project Commences

The fieldwork for the Addu City land reclamation project has begun, according to the Addu City Council. According to...

LATEST ARTICLES

Fenaka’s Solar Project Set to Cut Diesel Consumption and Save Millions

Fenaka Corporation Limited is advancing its solar energy programme to enhance energy production and reduce reliance on diesel across the Maldives. The...

Vendors Invited to Apply for the Maldives Culture & Food Festival

The Business Center Corporation (BCC) invites vendors to be part of the Maldives Culture & Food Festival, taking place at Central Park,...

Government Expenditure Reaches MVR 48 Billion Amidst Fiscal Pressures

The government has spent a total of MVR 48.3 billion for state expenditure and loan repayments so far this year, according to...

Tourist Yacht Cleared to Enter Maldives via ISPS Gate in Ihavandhippolhu

A tourist yacht has been cleared to enter the Maldives via the ISPS gate in Ihavandhippolhu Atoll, the northernmost region, as confirmed...

Male’ and Villimale’ Roads Set for Comprehensive Overhaul with Assistance from China

The Ministry of Construction, Housing, and Infrastructure has unveiled plans to upgrade Male's roads, addressing long-standing infrastructure issues, including poor road conditions...
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