Over-Expenditure on Subsidies Continues to Challenge the National Budget
The government has expended an additional MVR 367 million on subsidies, according to recent data from the Finance Ministry.
Areef Mohamed Appointed Airport Operations Manager at Patina Maldives, Fari Islands
The much anticipated Patina Maldives Fari Islands has appointed Areef Mohamed as Airport Operations Manager. In his new role, Areef will be...
Fitch Projects 18% Annual Economic Growth in Maldives in 2021-2022
Global credit rating agency Fitch released a report last Thursday outlining the credit risks for Asia's 'CCC' sovereigns. According to the report,...
Oil’s 66% Plunge Marks Its Worst Quarter Ever Amid COVID-19 Pandemic and Global Price...
The oil market has posted its worst quarterly performance due to the global spread of COVID-19 and the emergence of a global...
AIDAbella by Carnival Seen Docked in Maldives
AIDAbella, a cruise liner operated by AIDA Cruises has made its way to Maldives at 0700 hrs on 22nd April 2019. AIDAbella...
GoAir recommences flights to the Maldives
GoAir has recommenced its flights to Velana International Airport on 1st December 2019.
Tourism minister Ali Waheed, Indian ambassador...
Maldives and Saudi Arabia Strengthen Ties with Focus on Sustainable Fisheries
The Saudi Fund for Development (SFD) has reaffirmed its commitment to bolster the fisheries industry in the Maldives, strengthening bilateral relations and...
Maldives Receives B-Minus Rating from Fitch in Latest Assessment
Fitch Ratings, among the world's largest credit rating agencies, has decided to keep its rating at 'B-minus' for Maldives for the current...
Gov’t to Launch Housing Loan Scheme with Capped Interest Rates
President Dr Mohamed Muizzu has unveiled plans for a new government loan scheme intended to revitalize the Maldives' housing sector. The program's...
Villa Hotels & Resorts’ Ongoing Journey to a More Sustainable Future
Villa Hotels & Resorts is a brand that passionately advocates caring for and preserving the Maldives fragile environment. Two of the brands...
Maafushivaru Developers Fined Over MVR 400,000 for Violating EIA
The Environmental Protection Agency (EPA) has yesterday fined the developers of Adh. Maafushivaru about MVR 400,000 for failing to comply with the...
Guesthouse project to be implemented on a grand scale in Kaashidhoo
Ministry of Tourism (MOT) announces that the Ministry will lay foundation for a grand scale guesthouse project in Kaafu Kaashidhoo. The project will bring...
STELCO Holds Function to Mark 73 Years of Electricity Provision in Maldives
State Electric Company (STELCO) has held a function to mark the 73rd anniversary of initiating electricity as a utility service in the...
National Art Gallery Inaugurates Permanent Collection Featuring International Artistry
The National Art Gallery celebrated the official opening of its permanent collection in a distinguished ceremony led by H.E President Ibrahim Mohamed...
Government to continue all PSIP Projects in spite of the Impacts of COVID-19
During a press conference on the 1st of April 2020, the Minister of Finance, Honorable Ibrahim Ameer has stated that all...
Gov’t Unveils Ambitious Medium-Term Revenue Strategy 2024-2028
The Ministry of Finance has launched an extensive Medium-Term Revenue Strategy (MMTRS) for the period 2024-2028, aiming to fortify fiscal sustainability, boost...
68% People’s Income Halt Due to COVID-19: Research
A research by the Ministry of Economic Development and the United Nations Development Program (UNDP) shows that 68% of the people’s income...
Visit Maldives Holds Dedicated Roadshow in the UK to Promote MICE Opportunities in the...
Visit Maldives holds a dedicated roadshow in the UK to promote MICE opportunities available in the Maldives. The roadshow was held on...
MTCC Completes Harbor Basin Dredging of Aa. Maalhos Harbor
Maldives Transport and Contracting Company (MTCC) stated that they have completed harbor basin dredging operations of Aa. Maalhos Harbor.
Environment Ministry Secures USTDA Grant for Cloud-Based Government Services
Ministry of Environment, Climate Change and Technology has signed an agreement with the US Trade and Development Agency (USTDA) to facilitate the...
CTI and STO Collaborate for Successful Workforce Training
The Corporate Training Institute (CTI) has recently wrapped up a successful tailored corporate training programme conducted in partnership with the State Trading...
Sandies Bathala Partners with Maldives Border Miles
Sandies Bathala has partnered with Maldives Border Miles, the world’s first tourism loyalty program initiated by Maldives Immigration, together with joint stakeholders; Ministry...
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...
Japan Donates Equipment and Vehicles to Maldives Customs Service to Strengthen Border Control
Ambassador of Japan to the Maldives Her Excellency Mrs Takeuchi Midori formally handed over equipment and vehicles to the Minister of Defence,...
LATEST ARTICLES
Tourism Growth Strategy: Maldives Sets Ambitious 15% Target for 2025
The Maldives has set an ambitious target to increase tourist arrivals by 15% in 2025, focusing on boosting occupancy rates and leveraging...
Maldives Sees 14% Rise in Jet Fuel Sales as Aviation Growth Continues
Jet fuel sales in the Maldives saw a notable increase in the third quarter of this year, with revenue rising by 14%...
URA Begins Issuing Permanent Licences for Public Utility Services
The Utility Regulation Authority (URA) has commenced the issuance of permanent licences to operate public utility services in the Maldives, marking the...
Dhiraagu Unveils 2025 Calendar: ‘Minivankan Mathee Abadhah’
Dhiraagu has unveiled the company’s 2025 calendar, ‘Minivankan Mathee Abadhah’, on National Unity Day.
The new year’s calendar was...
Maldives Trade Struggles as Fish Exports and Fuel Imports Plummet
Revenue from import-export activities in the Maldives reached approximately USD 16.1 million in November 2024, according to the Maldives Customs Service (MCS).
