STO earns MVR 4.7 billion in the first 6 months of the year

State Trading Organization (STO) has released the statistic report of the second quarter of this year, which shows that income has increased...

Ooredoo makes MVR 131 million profit in the 2nd quarter of 2019

In the 2nd quarter of 2019, Ooredoo made a profit of MVR 131 million. A report published by Ooredoo...

Maldivian to add two A-330 airbuses to their fleet

Island Aviation Services (IAS) has announced that they will be operating two wide-body aircraft of A-330 in the upcoming 6 months. Moreover,...

MVR 457 million generated as Green Tax within the first half of 2019

The state has received a total of MVR 457 million as Green Tax during the first six months of 2019.

BML Shareholders Receive MVR129 Million Record Dividend

Bank of Maldives’ shareholders have approved a dividend pay-out of MVR129.17 million (MVR24 per share) at the Bank’s AGM held at Hotel...

Tree Top Hospital Signs MoU With UNICEF

Tree Top Hospital & United Nations Children’s Fund (UNICEF) has signed a Memorandum of Understanding on July 30, 2019.

People’s Majlis Passes law Allowing use of 80% From Pension Fund for Hajj

The People's Majlis has passed a law allowing individuals to utilize 80% of money from their pension fund in order to go...

376 Cases by Judge Mr. Ali Adam Ongoing in Criminal Court

Out of the 1910 cases ongoing in the criminal court, over 376 cases are of Mr. Ali Adam as per a report...

Stories as Shared by Migrant Workers in the Maldives

This an article extracted from Maldives Independent titled 'The Migrant workers of the Maldives.' Statistics show that there are...

2018 was a Successful Year to be Proud of – Mr. Tim

Bank of Maldives (BML) has seen the best ever financial year ever, said Chief Executive Officer Mr. Timothy Sawyer.

Recurrent Expenses in First 6 Months Rise by MVR 1 Billion

Recurrent expenses in the first 6 months of 2019 have risen by MVR1 billion in comparison with 2018, as per statistics by...

Various Airports to Open in 2019

Many of the airports being developed in Maldives are set to open in 2019, as per the Minister of Transport and Civil...

Civil Servants Remuneration to be Raised by 2020

Civil servants salary will be raised by the year 2020 in line with the governmental pledge, as per the Minister of Finance,...

Road Safety Campaign for Students Inaugurated

A road safety campaign for students have been inaugurated on 29th July 2019. The campaign was launched in...

MET Office Launches app to Predict Weather

Maldives Meteorological Service (MET) has launched an application to predict weather on 25th July 2019. The application is...

Ministry of Tourism reveals activities for World Tourism Day 2019 celebration

Ministry of Tourism has unveiled activities lined for in celebration of World Tourism Day - September 27th. During a...

Land areas in 11 islands to be leased for tourism purposes

President Ibrahim Solih has announced that land in large populated islands will be leased through a bidding process for tourism development projects.

Maldives Government unveils fifth tourism masterplan “Jazeera Raajje—Magey Raajje”

Maldives Government has unveiled the fifth tourism master plan "Jazeera Raaje—Magey Raajje" at a special function held at Dharubaaruge on July 29th...

Foreign Minister Meets With Maldives Consul in Thailand

Minister of Foreign Affairs, Hon. Abdulla Shahid has met the Honorable Consul of Maldives in Thailand, Mr. Sanan Angubolkul on 25th July...

Fisheries Minister Meets Participants of Field Officer Training Program

Minister of Fisheries, Marine Resources & Agriculture, Hon. Zaha Waheed has met with participants of the Field Officer training program on 25th...

24/7 Self Service Banking Outlets Open in Thulhaadhoo and Maavah

Bank of Maldives has introduced of self-service banking facilities in Thulhaadhoo, Baa Atoll and Maavah, Laamu Atoll.

Attorney General Proposes Amendments to Tax Administration Act

Attorney General has sent a bill to the President's Office regarding determining a term for the Commissioner General of Taxation and Deputy...

MVR 1.5 Billion Worth of T-Bonds Sold to India

MVR1.5 billion worth T-bonds have been sold to India, as per Minister of Finance, Honorable Ibrahim Ameer. Honorable Ameer...

Mr. Naaim Naseer Promoted to Head of Sales at Fantasy Pvt Ltd

Mr. Naaim Naseer has been promoted from Procurement Manager to Head of Sales at Fantasy Private Limited on July 2019.

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Maldives Deepens Cooperation with Kuwait Through High-Level Engagements

Foreign Minister Dr Abdulla Khaleel is currently undertaking an official visit to the State of Kuwait at the invitation of Kuwaiti...

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...
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