Central Bank Shakeup: Deputy Governor’s Future Uncertain Amid Resignations
A motion has been submitted to Parliament's Finance Committee recommending the removal of Ahmed Imad, Deputy Governor of the Maldives Monetary Authority...
Gov’t Clears USD 100 Million Loan Amid Rising Debt Concerns
The Ministry of Finance and Planning has confirmed the repayment of a USD 100 million loan taken from Cargill Financial Services International,...
IAA Maldives Established to Strengthen Internal Auditing in the Maldives
The Internal Audit Association of Maldives (IAA Maldives) has been formally established, marking a significant step in enhancing governance, accountability, and professional...
WAMCO Awarded Contract for Waste Management Projects in 32 Islands
The Waste Management Corporation (WAMCO) has been awarded a contract to construct waste management facilities and buildings in 32 islands across the...
Mariyam Shamma Ismail Appointed as New Registrar of Companies
The government has appointed Uza. Mariyam Shamma Ismail as the new Registrar of Companies, following the resignation of her predecessor, Mariyam Visam,...
Ahmed Zayan Resigns from MMA Board as Government Faces Economic Criticism
Ahmed Zayan Mohamed, the Ministry of Finance's representative on the Maldives Monetary Authority (MMA) board, has tendered his resignation, with his notice...
Maldives Stresses Commonwealth’s Role in Supporting Small States
As Commonwealth Day is observed, the Maldives has reflected on the role of the Commonwealth in supporting small states and reaffirmed its...
Ooredoo Maldives Shareholders Approve MVR 3.43 Dividend for 2024
Ooredoo Maldives Plc held its Annual General Meeting (AGM) on Sunday, 9th March 2025, where shareholders approved key resolutions, including the declaration...
Gov’t Plans MVR 15 Billion Land Sale to Central Bank Amid Rising Debt Concerns
The Maldivian government is reportedly preparing to raise MVR 15 billion by selling a large plot of land in Hulhumale’ to the Maldives Monetary Authority...
Maldives’ Travel Agents Call for Action Against Unregulated OTA Dominance
The Association of Travel Agents (ATA) has voiced strong concerns over what it describes as the growing and unchecked influence of Online...
February Revenue Up by 5.4% Year-on-Year Driven by Lease Extension Fees and Income Tax
Revenue collections for the Maldives have shown positive growth in February 2025, reaching a total of MVR 2.47 billion. This represents a...
SDFC to Open Applications for Viyafaari Ehee Loan on 16 March
The SME Development Finance Corporation (SDFC) has announced that applications for its Viyafaari Ehee Loan will open on 16 March, providing financial support to...
Construction Sector Growth Driven by Real Estate Projects in Q4 2024
The Maldives’ construction sector maintained steady growth in the final quarter of 2024, supported by rising bank credit and sustained real estate...
Discussions Held on Traffic Flow Ahead of New VIA Terminal Opening
Authorities have held discussions to address potential changes to traffic flow around Velana International Airport (VIA) in preparation for the upcoming opening...
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...
Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results
The financial sector of the Maldives displayed continued strength and stability in the fourth quarter of 2024, according to the latest Quarterly...
Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities
The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone Company (MIDFZ) and Agronet, has conducted discussions...
Addu City Invites Investors to Develop New City Hotel in Feydhoo
Addu City Council has opened invitations for investors to develop a 45-room city hotel in Feydhoo, located in the Dhigihera Tourism Zone...
Ooredoo Celebrates Ramadan with Inspiring ‘Roadhaige Noor’ Campaign
Ooredoo Maldives has unveiled its Ramadan campaign, ‘Roadhaige Noor’—a special initiative designed to celebrate the essence of the holy month through the...
Concerns Rise Over Maldives’ Marketing Strategy After ITB Berlin Appearance
The Maldives’ showcase at ITB Berlin 2025 has stirred unease within the tourism industry, with stakeholders voicing growing concerns over the event’s...
MMA Reports Increase in Foreign Currency Assets in February 2025
The Maldives Monetary Authority (MMA) has released its financial position for February 2025, highlighting notable growth, particularly driven by an increase in...
Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024
The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust growth in the tourism sector despite a...
Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports
The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety issues following the implementation of the Food...
UK Leads Tourist Arrivals in Maldives for February, Surpassing China
The United Kingdom became the leading source market for tourism in the Maldives in February 2025, according to recently released statistics from...
LATEST ARTICLES
UN Report Highlights Gaps in Protection and Sustainable Development for Maldives
A newly published report by the United Nations in the Maldives has drawn attention to key shortcomings in the country’s social...
President Outlines Healthcare Strategy Focused on Local Access and Healthy Living
President Dr Mohamed Muizzu has shared the Government’s current approach to developing the Maldives’ health sector, with a mix of infrastructure...
Shahid Calls for Global South Leadership in New World Order
Abdulla Shahid, the former Maldives Foreign Minister, has argued that the time has come for developing nations to take a leading...
Tourist Arrivals in March Reach New High, But Growth Shows Signs of Normalising
Tourist arrivals to the Maldives in March 2025 reached a record 203,464, continuing the upward trend in absolute numbers. Yet, a...
President Floats Generational Tobacco Ban, Urges Traders to Exit the Industry
A generational ban on tobacco use is among new measures under consideration by the government, as President Dr Mohamed Muizzu outlines...
