Maldives Tax Revenue in February 2024 Surpasses Estimates

The Maldives Inland Revenue Authority (MIRA) has reported a significant increase in tax revenue for February 2024, reaching MVR 2.33 billion. This...

Maldives and Japan Sign Agreements on Security and Development

The Maldives and Japan have solidified their bilateral relationship with the signing of four Exchange of Notes, marking a significant milestone in...

Ooredoo Maldives Announces Exclusive Eid Offers For Enhanced Connectivity and Celebration

In celebration of the joyous occasion of Eid, Ooredoo Maldives unveils a collection of exclusive offers designed to keep customers seamlessly connected...

Maldives and UAE Explore Project Funding Through Abu Dhabi Fund

Representatives of the Maldives and the United Arab Emirates (UAE) have engaged in discussions to explore potential funding for multiple development projects...

MACL Plans Expenditure Cuts to Align with Government’s Economic Measures

Maldives Airports Company Limited (MACL) has announced plans to cut expenditure by up to 20 percent across ten key areas due to...

SIFCO Triumphs at Ooredoo Masrace 2024 in K. Himmafushi

Team SIFCO has emerged victorious at the Ooredoo Masrace 2024, securing the championship title with an impressive 999.35 points. The event, held...

Dhiraagu Signs as Digital Partner for Maldives Travel Conference – Women’s Edition 2024

Dhiraagu has officially partnered as the Digital Partner for the upcoming Maldives Travel Conference – Women’s Edition 2024. Organised by the Maldives...

HDC Invites Developers to Submit EOIs for Dive Center Project in Hulhumalé

The Housing Development Corporation (HDC) has announced an invitation for the submission of Expressions of Interest (EOIs) for the development and operation...

MIRA’s Revenue Recovery Efforts Yielding Positive Results, Says Commissioner General of Taxation

The Commissioner General of Taxation, Hassan Zareer, has revealed that the Maldives Inland Revenue Authority’s (MIRA) ongoing efforts to recover outstanding revenue...

Maldives and Qatar Financial Centre Sign MOU to Foster Economic Cooperation

The Ministry of Economic Development and Trade (MEDT) of the Maldives has formalised a Memorandum of Understanding (MOU) with the Qatar Financial...

Sea-to-Air Cargo Service at VIA Reaches Milestone with 1,000 Tons Transported

The Maldives Airports Company Limited (MACL) has announced that its sea-to-air cargo service at Velana International Airport (VIA) has successfully facilitated the...

MMA Reports Financial Growth in December 2024

The Maldives Monetary Authority (MMA) has published its financial position for December 2024, providing a window into the country's economic health and...

Uninhabited Islands Allocated to Councils for Economic Development

President Dr Mohamed Muizzu has approved the allocation of uninhabited islands to all local councils that submitted requests, marking a significant step...

Slow Capital Spending Drives Maldives’ MVR 1.4 Billion Fiscal Surplus

The Ministry of Finance has released its Weekly Fiscal Developments Report for the period ending 13th February 2025, revealing that the Maldives recorded a budget surplus of MVR...

Discussions Held on Traffic Flow Ahead of New VIA Terminal Opening

Authorities have held discussions to address potential changes to traffic flow around Velana International Airport (VIA) in preparation for the upcoming opening...

Tobacco Use to Be Banned for Those Born On or After 1 Jan 2007

The Maldivian government has decided to implement a generational ban on tobacco, restricting the sale, purchase, and use of tobacco products...

MVR 2.13 Billion received by the Government as January Tax

The government of Maldives has received an amount of 2.13 billion as tax in January 2019 which is an increase of 2.2%...

Maldivian Ambassador-designate to UK Meets Secretary General of Commonwealth

H.E Dr. Farah Faizal, Maldivian Ambassador-designate to UK has met with the Secretary General of Commonwealth, Baroness Patricia Scotland.

Ambassador of Singapore pays a farewell call on President

The Ambassador of Singapore to the Maldives, His Excellency, Mr. Chua Thian Poh, has made his farewell call upon His Excellency President...

UN Special Rapporteur on torture visits the Maldives on an official trip

The UN Special Rapporteur on torture and other cruel, inhuman or degrading treatment or punishment by the United Nations Human Rights Council,...

Maldives participates in BLTM 2020

Maldives Marketing & Public Relations Corporation (MMPRC), together with partners from the tourism industry, participates in the Business/Mice & Leisure Mart (BLTM)...

China to Donate USD 20 Million to WHO to Battle Against COVID-19

China has decided to donate USD 20 million to the World Health Organization (WHO) to support the WHO in fighting the outbreak...

Let’s Rebuild Local Tourism! Raastha Webinar 2020 is Now Live

Raastha Webinar 2020, a webinar oriented towards guesthouse businesses, is now live. The webinar explores the market opportunities...

Govt Racks Up MVR 2 Billion in Expenses During First 42 Days of 2021

The government of the Maldives has racked up MVR 2 billion in expenditure for the first 42 days of the current year.

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CEO Summit 2025: Leaders Outline Blueprint for a Resilient Maldives

The Corporate Maldives CEO Summit 2025, held on 18 June at JEN Maldives Malé by Shangri-La, brought together leaders across sectors to...

Tourism Leaders Call for Balance, Innovation at Future Summit 2025

The Future Summit 2025 concluded yesterday at Kurumba Maldives, convening government officials, tourism leaders, and industry changemakers to chart a new direction...

STELCO Introduces Strategic In-House Training Framework for Staff Development

State Electric Company Limited (STELCO) has officially launched its In-house Trainers Pool, a new initiative to strengthen employee development by leveraging internal...

SDG7 Report Highlights Renewable Energy Gaps Across Island States

A newly released global study tracking Sustainable Development Goal 7 (SDG7) has identified continued challenges across Small Island Developing States (SIDS) in...

Maldives and China Development Bank Discuss Enhanced Financial Cooperation

Minister of Finance and Planning Moosa Zameer met with senior officials from the China Development Bank (CDB) yesterday to discuss ongoing financial...
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