Cabinet Secretary Ahmed Ali Habeeb Nominated as New Chairperson of Bank of Maldives

The government has nominated Ahmed Ali Habeeb, the current Cabinet Secretary at the President’s Office, for the role of Chairperson of Bank...

Revamping Heritage: Maldives Plans to Turn Historical Assets into Revenue Streams

Maldives Minister of Language, Culture, and Heritage, Adam Naseer Ibrahim, has unveiled plans to convert heritage assets into revenue streams. In a...

Maldives and Japan Sign Exchange of Notes to Enhance Disaster Resilience in Malé

The Government of Maldives and the Government of Japan signed an Exchange of Notes today for the “Project for Disaster Resilience Enhancement...

Leasehold Rights of Dholhiyadhoo Island Resort Up for Auction in Maldives

The State Bank of India (SBI) Male’ branch has announced an auction for the leasehold rights of Dholhiyadhoo Island Resort, located in...

Tourism Ministry Updates List of Islands and Lagoons for Tourism Development

The Ministry of Tourism has announced amendments to the list of islands, land plots, and lagoons available for tourism development in the...

FTA Will Push Maldives-China Trade to USD 1 Billion, States Spokesperson Heena Waleed

The bilateral trade between the Maldives and China is projected to increase to USD 1 billion per year following the implementation of...

Gov’t Discusses New Regulations for Tourists on Inhabited Islands

The Government of Maldives has commenced discussions to establish regulations governing tourists visiting inhabited islands. The talks were held between the Ministry...

First Phase of Addu City Garment Factory Complete, BCC Opens Investment Next Week

The Business Center Corporation (BCC) is set to open investment opportunities next week for those interested in investing in the Addu City...

MPL Announces Plans for Seafood Hub and Vehicle Export Terminal in Addu City

Maldives Ports Limited (MPL) has announced ambitious plans to develop a seafood hub and a terminal for exporting vehicles in Addu City....

Dhiraagu Launches ‘Win a Speedboat’ Promotion

Dhiraagu has unveiled a new promotion where customers have the chance to win a brand-new speedboat. The announcement was made at a...

Q2-2024: Maldives Faces Rising Inflation and Economic Slowdown

The Maldives Monetary Authority (MMA) has released its Quarterly Economic Bulletin for Q2-2024, highlighting growing inflation concerns alongside a slowdown in economic...

Countdown Begins for the South Asian Travel Awards 2024

The countdown is on as only three days remain until the highly anticipated South Asian Travel Awards (SATA) 2024, an event that...

Gov’t Plans to Support Farmers, Reduce Dependency on Imports

The government has launched a series of initiatives aimed at promoting the export of farmers’ produce to markets at more affordable prices,...

Maldivian Teams Up with Trip.com for Global Booking Boost

Maldivian has announced a new partnership with Trip.com, an international online travel agency, effective September 13, 2024. The collaboration allows travellers to...

Effective Governance of AI: A Democratic Imperative for the Maldives

Today marks the International Day of Democracy, a day observed globally to highlight the importance of democratic values and practices. This year,...

Parliament to Debate New Amendments to Companies Act Tomorrow

The Government has put forward crucial amendments to the Companies Act aimed at speeding up the process of appointing managing directors and...

Second Vessel Arrives as Maldives Prepares to Launch Bunkering Services

The second bunkering vessel, MT Marine Bella, has successfully docked near Kulhudhuffushi City as the Maldives' prepares to launch its long-anticipated bunkering...

Ooredoo Nation Contender Series Season 2 Concludes with a Showcase of Esports Talent

The Ooredoo Nation Maldives Championship Contender Series Season 2 has successfully concluded, bringing together the top esports talent from across the Maldives....

SIMDI Beverages Introduces Sober Spirits to the Maldivian Market

SIMDI Beverages, a key division of the SIMDI Group, has launched Sober Spirits, a new line of alcohol-free beverages, at an exclusive...

Economic Minister Commits to Boosting SME Opportunities in Addu City

The Minister of Economic Development and Trade, Mohamed Saeed, has pledged to enhance opportunities for small and medium enterprises (SMEs) in Addu...

Maldives Resilient Amid Economic Challenges, Assures Foreign Minister

Minister of Foreign Affairs Moosa Zameer has assured that the current economic challenges facing the Maldives are temporary and do not require...

Gov’t Seeks Public Input on Changes to Construction Industry Regulations

The Ministry of Construction and Infrastructure is inviting public feedback on proposed changes to the Construction Industry Practitioners Regulation. This latest proposal...

Maldivian Airlines Seeking GSAs to Begin Direct Flights to Major Chinese Cities

Island Aviation, the operator of Maldivian Airlines, is searching for General Cargo Sales Agents (GSAs) to support its operations in the Chinese...

India’s Aid on the Table for Maldives’ Sukuk Crisis

India stands ready to provide financial aid to the Maldives as the island nation faces the possibility of defaulting on its Islamic...

LATEST ARTICLES

Maldives Strengthens WTO Ties with New Permanent Representative

Ambassador Dr. Salma Rasheed has officially assumed her role as the Permanent Representative of the Maldives to the World Trade Organization...

Central Bank Board Reshaped as Government Fills Two Vacancies

The government has appointed two new members to the Board of Directors of the Maldives Monetary Authority (MMA), following the resignation...

USD 214 Million Converted Through Banks Since January, Says President

President Dr Mohamed Muizzu has reported that USD 214 million has been exchanged through local banks since the enforcement of the...

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...
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