BML Introduces New Unsecured Business Financing Facility

As part of BML’s commitment and support for business, the Bank has today introduced a new unsecured Working Capital Finance facility to provide businesses...

Government Funds New Office Building for Cost Savings

To cut down on the expenses of running government offices, Minister of Construction and Infrastructure Dr. Abdulla Muththalib has announced the launch...

Finance Ministry Expecting Full Economic Recovery by 2023

The COVID-19 pandemic caused a financial crisis all around the globe. Generating the same income Maldives was receiving before the pandemic will...

New Regulation Requires Foreign Currency Earners in Maldives to Pay Taxes in USD

The Maldives Inland Revenue Authority (MIRA) has announced a crucial amendment to the Income Tax Regulation, mandating individuals and businesses earning in...

With the Vaccination Drive, Maldives Increases 2021 Tourist Arrival Targets to 1.5 Million

With the administration of the COVID-19 vaccination drive for tourism sector employees, Maldives now expects to welcome 1.5 million tourist arrivals in...

Maldives Sees Dollar Exchange Rate Suddenly Drop in Black Market

While the dollar exchange rate in the black market was around MVR 20, the rate has seen a sudden drop to lower...

Government’s Vision: Tax Base Expansion for Economic Growth

The government has outlined its economic vision, emphasizing the growth of business opportunities and increased prosperity for its citizens. Minister of Cities,...

R. Maduvvari South Harbour Project Nears Completion

Maldives Transport and Contracting Company (MTCC) has revealed that the work on design and build of R. Maduvvari South Harbor is well...

Villa College Launches ‘VCare’ Mental Health Centre

Villa College announced the inauguration of a mental health treatment facility, the 'VCare Counselling and Psychotherapy Centre,' making it the first such...

MMA Delays Disallowing Dollars to be Used in Locally Issued VISA Card Transactions in...

Central bank, Maldives Monetary Authority (MMA) has delayed the implementation of allowing only Maldivian Rufiyaa to be used for transactions conducted within...

Maldives Signs MoU with ISKI to Enhance Water and Sewerage Sector

The Ministry of Climate Change, Environment, and Energy has entered into a Memorandum of Understanding (MoU) with the Istanbul Water and Sewerage...

Veligaa Hardware Introduces Reputable Tool Brand “GAZELLE”

Leading hardware retailer, Veligaa Hardware has introduced the GAZELLE brand of tools. GAZELLE® has a reputation for providing innovative...

WAMCO Bill to be Merged with STELCO Electricity Bill

Due to the enormous amount of outstanding payments to WAMCO, the Environment Ministry reports that efforts are being made to add the...

Over 100 Species of Birds Granted Protected Status, Including Pigeons

From today onwards, it has been banned to keep or catch 104 species of birds in the Maldives, including 3 variants of...

Trump’s Aid Suspension: What It Means for Maldivian Development Initiatives

President Donald Trump has enacted a comprehensive 90-day freeze on U.S. foreign aid, aiming to reassess and realign assistance programs with the...

Dhiraagu Launches Promotion Offering Weekly Smart TV Prizes for Internet Upgrades

Dhiraagu has launched an exciting promotion offering customers the chance to win a smart TV every week by upgrading to its Limitehneh...

A Study Show 26% of Women Lost Jobs: COVID-19

The National Bureau of Statistics (NBS) has published statistics that reveal, more than 26 percent of women working in the private sector...

Eye Care Opticals Announces MVR 3.4 Million Profit Share for Sukuk Investors

Eye Care Opticals has distributed MVR 3.4 million as profit share to its sukuk investors, following the launch of MVR 30 million...

Tourism related regulations open for public suggestions

From the 20th of January 2019 on wards, tourism related regulations are open for public opinions for a duration of 7 days....

Jumeirah Maldives Partners with Maldives National University to Offer Internships

Jumeirah Maldives Olhahali Island, the ultra-spacious all-villa resort, has announced a strategic partnership with Maldives National University (MNU). “We...

Urbanco Assumes Control of Delayed Housing Flats Project From Jaah Investments

Urbanco has taken over control of the partially constructed housing flats previously managed by Jaah Investments. The housing flats project, initiated by...

Sichuan Airlines to Expand to the Maldives in August

Sichuan Airlines, one of China’s leading carriers, is set to broaden its horizons with a new flight route to the tropical paradise...

Embrace the next Generation of Living – Co-living!

By Guest Author: Aana Zaady The world is getting populated. The size of the earth remains...

Tekkers Resort Cup 2023 has Commenced!

Tekkers Maldives has started their second edition of the Resort Cup, with big expectations Confident 4 teams from the...

LATEST ARTICLES

Falling Birth Rates Aren’t a Mystery. They’re a Mirror

The 2025 edition of the United Nations Population Fund’s State of World Population report marks a shift in how the world is...

Dhiraagu Launches Netflix Giveaway with New Samsung Galaxy S25 Ultra

Dhiraagu has unveiled a limited-time promotion offering customers a three-month Netflix subscription free of charge with the purchase of the newly released...

Talks Held with JIRCAS to Introduce High-Nutrition Crops in Maldives

Maldives has entered discussions with the Japan International Research Center for Agricultural Sciences (JIRCAS) to explore avenues for strengthening the island nation’s...

Tax Revenue Rises Despite Decline in Business and Import Duties

The Maldives recorded MVR 15.35 billion in tax revenue by 10 July 2025, showing continued recovery and strength in key revenue streams...

Maldivian Adds Extra Flights for School Holidays to Domestic Islands and India

National carrier Maldivian has announced a significant expansion of its domestic and international flight schedule to meet the seasonal surge in demand...
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