Gov’t to Seek Solutions for Company Debt Repayment

The government is exploring ways to address the mounting debts incurred by government-owned companies, President Dr Mohamed Muizzu announced during a recent...

President Muizzu Defends Spending Cuts, Cites Reduced Loan Reliance

The Maldivian government has revealed a decrease in capital expenditure in 2024 compared to the previous year. According to the Ministry of...

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...

MMA Data Reveals Maldives’ Two-Month Import Cover

According to the latest data from the Maldives Monetary Authority (MMA), the country's total reserves amount to USD 542 million as of...

Asia Pacific Blue Economy Forum to Address Sustainable Coastal Development

The Ministry of Economic Development, in partnership with the United Nations Development Programme (UNDP), is set to co-host the Asia Pacific Blue...

MMA Urged to Strengthen Financial Regulation and Board Independence

The International Monetary Fund (IMF) has called upon the Maldives Monetary Authority (MMA) to enhance its financial regulation and strengthen the independence...

Marriott International Maldives Celebrates Second-Year Apprenticeship Program

Marriott International Maldives has announced the commencement of the second-year cohorts for its Marriott International Maldives Apprenticeship Program (MIMAP) during a grand...

Finance Minister Refutes Claims of Borrowing from MMA to Cover State Expenses

Finance Minister Dr Mohamed Shafeeq has categorically denied allegations that the government had borrowed funds from the Maldives Monetary Authority (MMA) to...

Dhiraagu Revolutionises the Maldivian Esports Scene

Dhiraagu has launched the Dhiraagu Gamers Guild (DGG), an innovative new platform set to transform the Maldivian esports landscape. The platform, tailored...

Ooredoo Maldives Announced as Title Sponsor for ‘Unveiling Visions’ Art Exhibition

Ooredoo Maldives has been announced as the Title Sponsor for ‘Unveiling Visions 2024,’ the largest art exhibition in the Maldives. Organised by...

Immigration Cracks Down on Undocumented Expatriates: Legalisation Not an Option for Detainees

Expatriates detained during ongoing raid operations for violating the country’s immigration laws will not be given the opportunity to legalise their status,...

Economic Ministry Opens Registration for Maldivian Producers’ Register

The Ministry of Economic Development and Trade has announced the opening of registration for the Maldivian producers’ register, aiming to assist local...

Dhiraagu Inaugurates SEA-ME-WE 6 Submarine Cable System Landing in the Maldives

Dhiraagu has inaugurated the SEA-ME-WE 6 (SMW6) submarine cable system landing in the Maldives, marking a historic milestone as the first Maldivian...

Maldives Central Bank Shreds MVR 22.9 Million in Worn-Out Banknotes in 2023

The Maldives Monetary Authority (MMA) has announced that it shredded MVR 22.9 million worth of worn-out banknotes in 2023, a measure aimed...

STELCO Considers Real-Time Billing Amid Rising Electricity Concerns

The State Electric Company (STELCO) is exploring the implementation of real-time billing to address the gap between meter readings and bill delivery,...

Ooredoo Nation Global Faceoff Concludes with Qatar Triumphing Over Maldives

The Ooredoo Nation Global Faceoff, the first international esports tournament organised by Ooredoo Maldives, has successfully concluded, with Team Qatar emerging as...

Foreign Minister Zameer Concludes Strategic Visit to Saudi Arabia

Foreign Minister Moosa Zameer has successfully concluded a four-day official visit to Saudi Arabia, aimed at strengthening bilateral ties and exploring new...

Favara Processes MVR 15 Billion in First Year

The instant payment system "Favara" has celebrated its first year of operations with MVR 15 billion processed in transactions.

Maldives Celebrates 30 Awards at SATA 2024, Earns “Leading Beach Destination” Title

The Maldives has achieved notable success at the 8th edition of the South Asian Travel Awards (SATA), taking home 30 awards. The...

Thulusdhoo Council Reopens Bids for 100-Bed Hospital and Medical College Development

Kaafu Atoll Thulusdhoo Council has re-announced its search for developers to establish a 100-bed hospital and medical college on the island, after...

Tourism Ministry Opens Bidding for Ecotourism Project in Baarah

The Ministry of Tourism has announced the opening of public bidding for the lease of a 71,832 square metre plot of land...

New MIRA Guidelines Outline Reporting Requirements for SEZ-Linked Tax Concessions

The Maldives Inland Revenue Authority (MIRA) has gazetted new regulations to clarify reporting requirements for tax concessions linked to Special Economic Zones...

Trans Maldivian Airways Signs as an Airline Partner for TTM Maldives 2021

World’s leading seaplane operator, Trans Maldivian Airways (TMA) has signed as an airline partner for TTM Maldives 2021, Maldives leading international travel...

Rapid Development Observed with Current Government’s Projects: Maafushi Island Council

Maafushi Island Council met with Vice President Faisal Naseem today afternoon and stated that rapid development observed in the island by the...

LATEST ARTICLES

President Muizzu Attends Opening Session of COP29

President Dr Mohamed Muizzu attended the opening session of the World Leaders Climate Action Summit at the 29th Conference of the Parties...

Maldives Signs MoU with Abu Dhabi Global Market to Enhance Registry Operations

The Ministry of Economic Development & Trade of the Maldives has entered into a Memorandum of Understanding (MoU) with the Abu Dhabi...

Registration for Ooredoo Maldives Fun Run to Close on 16th November

Ooredoo Maldives has announced that registration for its highly anticipated Fun Run in Hulhumalé will close on 16th November 2024. Dubbed "The...

President Muizzu Departs for COP29 in Baku

President Dr Mohamed Muizzu has departed for Baku, Azerbaijan, to attend the 29th Conference of the Parties (COP29) under the United Nations...

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...
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