MTCC Achieves a Profit of MVR 75 million in Q1 2022

Maldives Transport and Contracting Company (MTCC), has recorded a profit of MVR 75 million without tax during the first quarter of 2022.

MPL Management Participates in Port Cargo Operations to Understand Workforce Challenges

The management of Maldives Ports Limited (MPL) actively participated in the port’s cargo operations today to better appreciate the hard work of...

STO to sell shares at MVR 55 per share

State Trading Organization (STO) has announced the board's decision to sell MVR 55 per share from the profits of 2017. STO, who deals with the...

Ooredoo’s Motorcycle Giveaway Rolls On with More Prizes in 5G Libey Campaign

Ooredoo Maldives continues to offer customers the chance to win a brand-new motorcycle every three days as part of its ongoing “Win...

Ooredoo Masrace 2023 Successfully Achieves Record-Breaking Milestones

The Ooredoo Masrace 2023 tournament was not just a battle of fishing skills; it was a showcase of extraordinary achievements and a testament to...

SME Finance Forum to be held in Kulhudhuffushi

A chapter of the forums organised for Small and Medium Enterprises (SMEs) by the Ministry of Economic Development, “SME Finance Forum” will be held...

2024 Tourism Boom: Maldives Surpasses 400k Arrivals

The Maldives is off to a remarkable start in 2024, with tourist arrivals surpassing 400,000 within the year's first few months. This...

Dhiraagu Signs as the Digital Partner for Maldives Bodyboarding Association

Dhiraagu has signed as the exclusive Digital Partner of Maldives Bodyboarding Association (MBBA). As it is a key...

STO lowers oil prices in the market

Due to the reduction in oil prices in the international markets, STO has decided to lower oil prices in the Maldives as...

Maldives’ Passport Tops South Asian Region in Henley Passport Rankings

Maldives’ passport has been recognized as the most powerful in the South Asian region, according to the latest Henley Passport Rankings. This...

Indian Authorities to release detained fishing vessel “Ambaree”

Ministry of Foreign Affairs has revealed that the Maldivian fishing boat "Ambaree" which was detained by Indian Coastguard will be released sometime...

Ministry of Gender Launches the National Gender Equality Action Plan (GEAP)

Ministry of Gender, Family and Social Services (MoGFSS) has launched the National Gender Equality Action Plan (GEAP), formulated in partnership with the...

MIRA Issues Reminder for Today’s Tax and Fee Submission Deadline

The Maldives Inland Revenue Authority (MIRA) has issued a reminder that today, July 2, marks the deadline for several important tax and...

MMA Signs IPS Participation Agreement with Two Additional Banks

The Maldives Monetary Authority (MMA) formally signed agreements with the Bank of Ceylon (BOC) and The Mauritius Commercial Bank (Maldives) Private Limited...

Agoda Promotes Mohamed Amaan to Country Manager, Maldives

Agoda has promoted Mohamed Amaan to the post of Country Manager, Maldives. Amaan has been working at Agoda for over...

STO Introduces Trister Medical Equipment to the Maldives

STO Medical Services has expanded its healthcare offerings in the Maldives with the introduction of Trister brand products. Trister, a trusted American...

Gov’t Seeks License to Establish Maldives Development Bank

The Economic Ministry has submitted an application to the Maldives Monetary Authority (MMA) for a license to establish the Development Bank of...

COVID-19 crisis in Maldives is likely to improve by end of Ramadan – Dr....

The on-going COVID-19 crisis in Maldives is likely to improve by the end Ramadan, MNU Chancellor Dr. Hassan Hameed said during a...

MIRA Reports Significant Revenue Growth, Achieving MVR 1.71 Billion in May

MIRA, the Maldives Inland Revenue Authority, reported a total revenue of MVR 1.71 billion for the month of May 2023, indicating a...

Ooredoo Maldives Partners with Charukeys as the Main Sponsor

Ooredoo Maldives has partnered with Charukeys for their second art festival to be held from 15th – 16th September 2022 at Social...

Vincenzo Emma Joins Grand Park Kodhipparu Maldives as Executive Sous Chef

Grand Park Kodhipparu Maldives, the first luxury resort by the Park Hotel Group – Singapore, appoints Vincenzo Emma as the Executive Sous...

Maldives Targets 2 Million Visitors in 2024 with Sustainable Tourism Focus

As the Maldives attends ITB Berlin 2024, key figures within the nation's tourism sector have demonstrated a commitment to responsible development and...

Declaration of Interim Dividend for Financial Year 2020 – Dhiraagu

COVID-19, which was declared a pandemic by the World Health Organization (WHO) on 11 March 2020, has had a significant impact on...

Finance Ministry Announces State Internal Audit Conference 2024 For July

The Ministry of Finance has officially announced the State Internal Audit Conference 2024. As disclosed in a tweet earlier today, the conference...

LATEST ARTICLES

Maldives Records MVR 12.26 Billion Deficit

The Maldives Ministry of Finance has released its latest Weekly Fiscal Developments report, revealing a continuing fiscal deficit as of 12 December...

MPL Signs Agreement to Develop Dockyard in Ihavandhoo

Maldives Ports Limited (MPL) has partnered with the Ihavandhoo Island Council to establish a dockyard in Haa Alifu Atoll, marking a significant...

Emerging Trends in Maldives’ Tourism Industry for 2025

The Maldives remains one of the most sought-after destinations globally, celebrated for its unparalleled natural beauty, luxury resorts, and vibrant marine life....

Ooredoo Fun Run Hulhumale’ Concludes with Over 6,500 Participants

The Ooredoo Fun Run, widely recognised as the "Happiest 5K in the Maldives," concluded with great success on 20 December 2024 in...

Maldivian Introduces Additional Flights to Key Domestic Destinations

Maldivian, the national carrier of the Maldives, has announced additional flights to Thimarafushi, Kulhudhuffushi, and Funadhoo, enhancing connectivity across key domestic destinations...
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