MTCC hosts Open Day for “Hunavaru Welders Development Program”
Maldives Transport and Contracting Company (MTCC) organized a series of Open Day events for the "Hunavaru Welders Development Program." These events provided...
MMA Forecasts Inflation Deceleration and Stabilisation Amidst Shifting Economic Landscape
The Maldives Monetary Authority (MMA) has projected a deceleration in inflation during the second and third quarters of this year, with expectations...
Hotelier Maldives Announces Revamped GM Forum with New Date and Theme for 7th Edition
Hotelier Maldives announced the revamped General Managers (GM) Forum, with this year’s edition, initially scheduled for September, now moved to October 19,...
STO’s Strategic Adaptation Yields MVR 303 Million Q2 Profit
The State Trading Organisation (STO) has reported a net profit of MVR 303 million for the second quarter of the current fiscal...
MWSC Completes Installation of New RO Plant at Hulhumale’ Operation Centre
As part of the Male' Water and Sewerage Company (MWSC)’s ongoing water security plan for the Male' region, the firm has inaugurated...
BML Celebrates the Achievements of Its Sports Scholarship Recipients at the IOIG
Bank of Maldives today held an event to celebrate the achievements of BML Sports Scholarship recipients who represented Maldives at the IOIG...
Applications for Dhihdhoo and Villingili Rowhouses are Now Open
The Ministry of National Planning, Housing, and Infrastructure has initiated the application process for the rowhouses currently being constructed in HA. Dhihdhoo...
Allied Insurance Schedules ‘Allied Fest’ for September 22
Allied Insurance is set to host ‘Allied Fest’, a special event for children, on 22 September 2023 at Hulhumale’ Central Park from...
Ooredoo Nation Announces ‘Gamer’s Land’ Festival with MVR 185,000 Prize Pool
Ooredoo Nation has announced the "Gamer's Land," a gaming festival set to take place on 19th, 20th & 21st October 2023, at...
Maldives Wins 31 SATA Awards
The Maldives was honoured with 31 awards at this year's South Asian Travel Awards (SATA) at the Sheraton Grand Hotel in Bengaluru.
MTCC Launches Annual ‘Kashavaru Promo 2023’
The Maldives Transport and Contracting Company (MTCC) has initiated its annual 'Kashavaru Promo 2023.' The promotional event began on November 1st and...
Tourism Minister Discloses Delay in Development of 63 Allocated Islands
Tourism Minister Ibrahim Faisal has stated that 63 islands designated for tourism development have yet to be built for various reasons. The...
Maldives Surpasses Half a Million Tourist Arrivals in 2024
The Ministry of Tourism has announced a significant milestone: surpassing 500,000 tourist arrivals since the start of 2024. As of March 17th,...
MMA Reports Increase in Foreign Reserves for February
The Maldives Monetary Authority (MMA) has announced a month-on-month increase in the country's official state reserves for February 2024. Following a slight...
MPL Switches Stevedoring Fees to US Dollars
The Maldives Ports Limited (MPL) has implemented a change in its stevedoring fee structure, now charging ships in US dollars. This policy...
Thilafushi’s Second Phase Land Payments Begins
Following the end of Milestone 1, land purchases in the second phase of Thilafushi have been completed through a tender process.
Maldives and India in Talks for New Free Trade Agreement
Minister of Economic Development and Trade, Mohamed Saeed, announced yesterday that negotiations with India are underway to establish a new Free Trade...
Sustainable Finance Roadmap: MMA and IFC Sign Cooperation Agreement
The Maldives Monetary Authority (MMA) and the International Finance Corporation (IFC) have entered a Cooperation Agreement to develop a Sustainable Finance Roadmap....
SIMDI Resu Showroom to Launch Exclusive Sale on Electrolux Refrigerators and Ovens
SIMDI Resu Showroom has announced an exclusive sale event featuring top-of-the-line Electrolux refrigerators and ovens.
The sale will run...
Parliament Introduces Stringent Insurance Bill to Tackle Fraud and Unlicensed Operations
Parliament has introduced a comprehensive bill that imposes severe penalties for providing false information in insurance claims and for operating without a...
Ministry of Finance Issues USD 117 Million in Treasury Bills to Cover Government Expenditure
The Ministry of Finance has announced the sale of Treasury bills (T-bills) amounting to USD 117 million as part of efforts to...
Maldives Receives Strong US Support in Efforts to Introduce PayPal Services, Says Foreign Minister
The Maldives is receiving substantial support from the United States to overcome the challenges associated with introducing PayPal services in the country,...
Maldivian Resumes Scheduled Flights to Kooddoo Airport Post-Runway Renovations
Maldivian, the national airline of the Maldives, has resumed scheduled flights to Kooddoo Airport following recent runway renovations. The route, connecting Gaafu...
Ooredoo Maldives Concludes Extraordinary General Meeting and Approves Key Decisions
Ooredoo Maldives Plc successfully held its Extraordinary General Meeting (EGM) on 15 December 2024, conducted virtually via the FahiVote Online Meeting Management System of...