Maldives Fish Exports Plummet by Nearly 44% in 1Q2024
Fish exports from the Maldives encountered a notable setback in the initial quarter of 2024, as indicated by data released by the...
Special Promotion on Allied Child Education Takaful Plan Launched
A special promotion has been unveiled by the Islamic branch of Allied Insurance, marking the occasion of International Children's Day. This promotion...
Indian Government Grants Extension for Maldives’ Loan Repayment Deadline
The government of India has granted an extension to the Maldives for the repayment of USD 50 million out of the USD...
MIFCO CEO Terminated by PCB
The Privatization and Corporatization Board (PCB) has confirmed the dismissal of Ahmed Samah Rasheed, CEO of the Maldives Industrial Fisheries Company (MIFCO),...
Tourism Development Bank to be Established in Maldives
The Maldives will establish a Tourism Development Bank to support the nation's vital tourism sector, Minister of Tourism Ibrahim Faisal revealed while...
STELCO Plants Over 36,000 Trees in First Three Months of Reforestation Project
The State Electric Company (STELCO) has successfully planted more than 36,000 trees in the three months since launching its ambitious initiative to...
Finance Minister Hints at Political Influence on Credit Rating Downgrades
The Maldives' Finance Minister, Moosa Zameer, has suggested a possible connection between the country's recent credit rating downgrades and government plans to...
Government Opens Applications for MIRA Board Member Position
The Government of Maldives has announced the opening of applications for a position on the Board of Directors of the Maldives Inland...
Maldives Slams COP29 Climate Finance Deal as Inadequate Amid Escalating Crisis
The Maldives has criticised the USD 300 billion annual climate finance target agreed upon at the COP29 summit, stating that it falls...
Ooredoo Maldives Deploys Advanced Contact Center Solution for Hajj Corporation
Ooredoo Maldives has successfully implemented a state-of-the-art Contact Center Solution for the Maldives Hajj Corporation, modernising its customer service operations to better...
MMPRC and ADK Hospital Sign Agreement to Promote Medical Tourism in the Maldives
The Maldives Marketing and Public Relations Corporation (MMPRC) has signed a Memorandum of Understanding (MoU) with ADK Hospital to enhance the Maldives'...
Fenaka Managing Director Steps Down Amid Financial Challenges
Muaz Mohamed Rasheed has resigned from his role as Managing Director of Fenaka Corporation, citing insurmountable financial and operational difficulties. The resignation...
Maldives’ Construction Waste Disposal System Set for Completion by July
The Maldives' long-awaited construction waste disposal system is expected to be completed by July this year, according to Minister of Tourism...
President Muizzu Visits Liverpool to Kick Off Tourism Campaign with Liverpool FC
President Dr Mohamed Muizzu has departed for Liverpool, United Kingdom, to inaugurate a high-profile tourism promotion campaign in partnership with Liverpool...
Parliament to Probe MFMC Over Stalled Addu Hankede Development
Central Hithadhoo MP Ahmed Azaan has submitted a request to the Speaker of Parliament to summon officials from the Maldives Fund...
AirAsia to Fly to its Fourth Destination in Southwest China
AirAsia launches the fourth connection to Kunming as the capital city of Yunnan Province in Southwest China known for its tourist destinations...
Tax Policy Change for Those who Earn Above 50 Million Annually
A change has been brought to the tax policy for those who earn an income of more than 50 million MVR per...
Maldives Finance Forum 2019 Held on 22nd April
Maldives Finance Forum, organized by The Maldives Pension Administration Office, was held in Paradise Island Resort on 22nd April. . The theme...
Foreign investors rush into Pakistan with high surges of inflow in first half of...
Pakistan has seen unprecedented
inflows of foreign money this year with global investors buying up 1-year bonds
worth $642 million (€580 million) in November alone. This...
President inaugurates Rinbudhoo ‘Cultural Road’ and launches ‘Mariyam-Maa’ Campaign
As part of his current 2-day visit to Nilandhe Atolhu Dhekunuburi Rinbudhoo, President Ibrahim Mohamed Solih has today inaugurated Rinbudhoo 'Cultural Road'...
Cabinet Extends Closure of Government Offices, Schools, Colleges and Universities
The Cabinet has decided to extend the closure of government offices, schools, colleges and universities for one more week as a...
Paradise Expects to Welcome Over 100,000 Tourists for the Remainder of 2020
Speaking on an episode of BBC and PATA’s Destination Insight webinar series, Tourism Minister Dr. Abdulla Mausoom stated that Maldives is expecting over 100,000...
Working Beyond the Pandemic – What Does the Future of Jobs Look Like?
The COVID-19 pandemic-induced lockdowns and related global recession have created a highly uncertain outlook for the labour market. How will the job...
Welcome Back to the Sunny Side, Gulf Air!
Gulf Air has returned to the sunny side of life with its first scheduled flight arriving at Velana International Airport yesterday. The...
LATEST ARTICLES
Amendment to Construction Regulation Brings Mandatory Insurance Requirement
The government has amended the Construction Constructor Regulation, making it compulsory for all construction projects to obtain insurance coverage.
World Bank Calls for Radical Transparency to Prevent Debt Crises in Developing Countries
A new World Bank report warns that opaque debt practices are endangering the financial stability of many developing countries and calls for...
President Expands Tourism Access and Announces Dedicated Halal Tourism Islands
President Dr Mohamed Muizzu has unveiled two new tourism initiatives aimed at diversifying the Maldives’ visitor economy: opening underdeveloped atolls to tourism...
Vice President Departs for Global Financing Conference in Spain
Vice President Uz Hussain Mohamed Latheef departed for Spain on Friday to attend the Fourth International Conference on Financing for Development (FfD4),...
President Highlights MSMEs as Cornerstone of Economic Diversification
President Dr Mohamed Muizzu has reaffirmed the role of Micro, Small, and Medium Enterprises (MSMEs) in driving economic diversification and sustainable development...
