Urbanco Expands Land Allocated for Water Sports in Hulhumale’

Urbanco has announced a significant increase in the land allocated for water sports activities in Hulhumale'. As part of their ongoing efforts...

MMPRC Conducts Maldives Roadshow Series in Lucknow, Jaipur and Chandigarh

Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives) has hosted a successful roadshow series in Lucknow, Jaipur, and Chandigarh, India. This...

BML Transfers Point-of-Sale (POS) Machine Pickup to Business Center

The Bank of Maldives (BML) has made a strategic shift in its services by relocating the point-of-sale (POS) machine and paper roll...

Dhiraagu Supports Amaan Veshi and Amaan Hiya Nationwide via Gender Ministry

Dhiraagu has renewed its commitment to provide high-speed internet through the company’s CSR programme to all the Amaan Veshi (Alternative Care Homes)...

Urbanco Reports Q1 Revenue of MVR 976 Million

Urbanco has reported a robust revenue figure of MVR 976 million for the first quarter of the current fiscal year, as disclosed...

State Budget Absorbs MVR 300 Million in Loans for SOEs’ Cash Flow

The Finance Ministry has disclosed that the state budget has utilised MVR 300 million in treasury loans this year to address the...

Finolhu Baa Atoll Promotes Hussain Ishan to Resort Manager

Seaside Finolhu Baa Atoll has announced the promotion of Hussain Ishan to the position of Resort Manager. This promotion marks a significant...

Muizzu Initiates Key Economic Reforms in Maldives

President Dr Mohamed Muizzu has announced a series of initiatives following a Cabinet meeting held yesterday. These measures, recommended by the Cabinet,...

Commercial Block “B” Unit Available for Café/Restaurant and HDC Staff Canteen

A unique commercial opportunity has arisen, as a call for proposals has been issued for the lease of a unit within Commercial...

Gov’t Exceeds Budgeted Compensation Payments

The government has disbursed over MVR 107.4 million in compensation payments as of April 11th, exceeding the MVR 101 million allocated for...

MIB Set to Distribute MVR 65 Million Profit Share

Maldives Islamic Bank (MIB) has revealed plans to distribute MVR 65 million to its shareholders, which translates to MVR 2.90 per share;...

Tourist Arrivals Surge by 11.9% in March Compared to Last Year

Tourism in the Maldives is on the rise as recent statistics from the Ministry of Tourism reveal a significant increase in tourist...

Reforming Subsidies: A Move Towards Targeted Assistance

In a recent announcement, Deputy Minister of Finance Ahmed Saaid Musthafa outlined the government’s ambitious plan to overhaul the current subsidy system....

Finance Minister and MMA Governor Clash Over Economic Strategy Amid Crisis

Finance Minister Dr Mohamed Shafeeq has asserted that the government has not received proactive counsel from the Maldives central bank, the Maldives...

Azerbaijan Airlines Unveils Direct Flight Route from Baku to the Maldives

Azerbaijan Airlines (AZAL) has announced the launch of its first direct flight service between Baku and the Maldives, commencing on November 8th....

Maldives to Host Tourism Symposium in Addu to Boost Southern Tourism

The Maldivian government has announced plans to host a tourism symposium in Addu next year, an initiative aimed at elevating the city’s...

Gov’t Aims to Complete New Passenger Terminal at VIA Ahead of Schedule

The Government of Maldives is expediting efforts to complete the new passenger terminal at Velana International Airport (VIA) ahead of its original...

Dhiraagu Unveils 2025 Calendar: ‘Minivankan Mathee Abadhah’

Dhiraagu has unveiled the company’s 2025 calendar, ‘Minivankan Mathee Abadhah’, on National Unity Day.  The new year’s calendar was...

Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll

Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in Gaafu Dhaalu Atoll. Both Maldivian and international...

Vice president, Honorable Faisal Naseem stated that Japan has been a great aid to...

The Vice President of Maldives announced that Japan is has been a great aid in the development of the Maldivian economy during a...

How AirAsia Got Into Tours & Activities – And Its Plans to Dominate

AirAsia believes it can be stronger than Klook at selling activities. The airline aims to tap into its base of over 100...

Inspection of 7 Atolls Have Concluded

Resorts, Guesthouses, Dive Centers and Yacht Marinas in 7 Atolls have undergone a thorough examination as per the Minister of Tourism, Honorable...

MIRA makes revenue of 1.15 billion in November

Maldives Island Revenue Authority (MIRA) has made a revenue of 1.15 billion in the month of November. MIRA has revealed...

Japanese Government makes donation to Guraidhoo Special Needs Home

The Government of Japan has donated MVR 1.3 million to renovate and expand the medical clinic at the Home for People with Special Needs...

LATEST ARTICLES

World Bank Flags USD 1B Debt Risk for Maldives in 2025

The Maldives will face an external debt servicing requirement of USD 1 billion this year, according to the World Bank’s Maldives Development...

No Singapore Travel Advisory Against Maldives, Says Foreign Ministry

The Ministry of Foreign Affairs has refuted reports suggesting that the Singaporean government had issued a travel advisory against the Maldives,...

Maldives 2.0 Summit Concludes with National Digital Commitment Presented to President

The ‘Maldives 2.0 Digital Transformation Summit’ concluded with a ceremonial presentation of the National Digital Commitment to President Dr Mohamed Muizzu,...

Island Aviation Reopens Bid for Maafaru Airport Terminal Expansion

Island Aviation Services Ltd (IASL) has re-announced the opportunity for eligible proponents to submit proposals for the extension of the Maafaru...

International Flights to Maldives Up 5.4% in First Quarter of 2025

The number of international flights to the Maldives has risen during the first quarter of the year, reflecting the uptick in...
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