MTCC Records Net Profit of MVR 43.3 Million in Q3
The Maldives Transport and Contracting Company (MTCC) has generated MVR 979 million in revenue for the third quarter of the current fiscal...
Urbanco Initiates CSR Canopy Project at Rehendhi School
Urbanco has announced its commitment to advancing Corporate Social Responsibility (CSR) initiatives, reinforcing its role as a significant contributor to community welfare...
Urbanco Implements MVR 100,000 Reduction in Hiyaa Lease Payment
Urbanco's Managing Director, Fazul Rasheed, has confirmed the recent decision to reduce MVR 200,000 from the lease payment for Hiyaa flats, resulting...
New Economic Initiatives to Receive Duty Exemption Boost
The government is making significant changes under the Special Economic Zone (SEZ) Act. The latest decision involves exempting duties on newly initiated...
Economic Stability and Climate Resilience: Key Focus of IMF’s Recent Mission to the Maldives
An International Monetary Fund (IMF) staff mission led by Ms. Piyaporn Sodsriwiboon recently concluded its 2024 Article IV consultation with the Maldives,...
Villa College Launches 2024 Research Grant Program
Villa College launched the Villa College Research Grant 2024, last Thursday.
Dr. Mohamed Adil, Deputy Vice Rector of Research...
BCC Announces Launch of Creator Hub to Stimulate Skilled Economy
The Business Centre Corporation (BCC) has begun work on the new Creator Hub, a project designed to accelerate the development of a...
BML Delivers Record Profit, Proposes Unprecedented Dividend
The board of directors at the Bank of Maldives (BML) has announced plans for the largest-ever dividend distribution to shareholders following a...
Gov’t Confident of Completion of Passenger Terminal by September
Minister of Economic Development and Trade Mohamed Saeed has expressed optimism about completing the new passenger terminal at Velana International Airport (VIA)...
Aasandha Expenditure Rises By 4.8%, Hits MVR 838 Million
According to official records, in the first quarter of the fiscal year, Aasandha, the Maldives' state health insurance scheme, disbursed MVR 838...
Maldives Receives USD 150 Million Saudi Loan for Airport, Health
The Saudi Fund for Development (SFD) has extended an additional USD 150 million in loan assistance to the Maldives, which includes a...
Connecting the Islands: Advancing Healthcare and Sustainability in the Maldives
The telecommunications sector in the Maldives is undergoing rapid transformation, reflecting a broader commitment to digital innovation and connectivity. As the nation...
Maldives and EU Sign EUR 6.5 Million Agreement to Strengthen Blue Economy
Minister of Foreign Affairs Moosa Zameer met with Paola Pampaloni, Deputy Managing Director of the Asia and Pacific Department of the European...
MACI to Hold Discussions with Government Over PSIP Fund Disbursement Delays
The Maldives National Association of Construction Industry (MACI) has announced plans to engage in discussions with the government to address delays in...
EU and Maldives Begin Negotiations for €6.5 Million Grant Aid
The European Union (EU) and the Maldives have commenced negotiations to facilitate €6.5 million in grant aid aimed at addressing critical environmental...
STO Aims for Carbon Neutrality by 2050
The Managing Director of the State Trading Organisation (STO), Shimad Ibrahim, has announced the company’s ambitious goal to become carbon-neutral by 2050....
Nexia Maldives Celebrates Nexia Week with a Focus on Sustainability
Nexia Maldives marked Nexia Week with a one-day sustainability event held on 25th January 2024, in partnership with Summer Island Maldives. Nexia...
President Reassigns LRA to Ministry of Homeland Security and Technology
President Dr. Mohamed Muizzu has reassigned the Labour Relations Authority (LRA) to the Ministry of Homeland Security and Technology, effective from 6...
President Muizzu Engages with Global Leaders at UNGA 79
President Dr Mohamed Muizzu has been actively engaging with international leaders during the 79th United Nations General Assembly (UNGA) held at the...
President Muizzu Meets USAID Administrator at UNGA 79, Discusses PayPal, Digital Economy Initiatives
President Dr. Mohamed Muizzu met with Samantha Power, Administrator of the United States Agency for International Development (USAID), on the sidelines of...
Gov’t Sets Salary Cap but Safeguards Technical Staff Pay
Finance Minister Moosa Zameer announced on Monday that employees in professional and technical sectors within State-Owned Enterprises (SOEs) will not face salary...
Maldives’ Economic Growth Decelerates Amid Mixed Sector Performance
The Maldives Monetary Authority's November 2024 Economic Update reveals a tempered economic growth trajectory, with real GDP expanding by 4.5% in the...
FTA Rules of Origin: What Maldivian Exporters Need to Know
The Free Trade Agreement (FTA) between the Maldives and China presents a transformative opportunity for Maldivian exporters, granting preferential access to one...
State-Owned Enterprises Report MVR 12 Billion in Revenue for Q2 2024
The latest quarterly report from the Privatisation and Corporatisation Board (PCB) provides an overview of the financial and operational performance of state-owned...
LATEST ARTICLES
Corporate Maldives Publishes June 2025 Edition of Corporate Maldives Magazine
Corporate Maldives has published the June 2025 edition of the Corporate Maldives Magazine. As a quarterly print publication, we continue our commitment...
MACL AGM 2024: Nurain Cheers Expansion Progress, Confirms MVR 75 Million Dividend
The Maldives Airports Company Limited (MACL) held its Annual General Meeting at the Hulhule Island Hotel, spotlighting record profits and key developments,...
Maldives Establishes Embassy in Qatar to Deepen Bilateral Cooperation
The Maldives has formally established an embassy in Qatar, marking a renewed effort to strengthen ties with the Gulf nation across a...
President Begins State Visit to Singapore as Diplomatic Relations Mark Golden Jubilee
President Dr Mohamed Muizzu and First Lady Madam Sajidha Mohamed have departed on a state visit to Singapore, scheduled from 29 June...
Bayfancy Residence Reaches New Heights as 9th Floor Slab Completed
Bayfancy Residence continues its steady rise with the successful completion of the ninth-floor slab, marking yet another milestone in the development’s carefully...
