Bank of Maldives Increases Limits on Credit Cards for Foreign Transactions
As a result of increased pressure on US Dollar liquidity and the concerns on US Dollar outflow, the Bank announced changes to...
Ooredoo Maldives Welcomes New CEO
Telecommunications service provider Ooredoo Maldives has welcomed Mr. Najib Khan as their new Chief Executive Officer.
Mr. Najib Khan is a veteran of the telecommunications...
Government to Sell MVR 1.5 Billion Worth of T-bills
The government has decided to sell treasury bills worth MVR 1.5 billion all at once to finance government expenditure.
Total Tourist Arrivals This Year Reach Over 502,000
The latest statistics by the Ministry of Tourism reveal that a total of 502,974 tourists have arrived in the Maldives so far...
CMDA Says It Lacks Enforcement Powers to Tackle Scams
The Capital Market Development Authority (CMDA) has stated that while it holds legal responsibility to investigate scams, its ability to take action...
Velana International Airport Receives Airport Health Accreditation Certificate
After consistent measures in their fight against COVID-19, Velana International Airport (VIA) has received the much-awaited “Airport Health Accreditation” by Airport Council International...
Maldives Among Top 6 Trending Destinations of 2021!
Lonely Planet has compiled a list of the top six destinations travelers are looking forward to traveling to in 2021 and Maldives...
Maldives Outlines Ambitious Renewable Energy Goals in Talks with Australia
Maldivian Foreign Minister Moosa Zameer met with Australia's Ambassador for Climate Change, Kristin Tilley, for a discussion focused on addressing climate change...
MMPRC to showcase Maldives in MITT 2018
Maldives Marketing and Public Relations Corporation (MMPRC) along with 27 companies from the industry prepares to promote the destination in Moscow International Travel &...
President Ratifies Water and Sewerage Act
President Ibrahim Mohamed Solih has today ratified the Water and Sewerage Act (Act no. 8/2020). The Act was passed by the Parliament...
President ratifies Fifth Amendment to Constitution
President Ibrahim Mohamed Solih has ratified the Fifth Amendment to the 'Constitution of the Republic of Maldives'.
The amendment...
Maldivian Marks 25 Years with Disneyland Giveaway and Travel Prizes
Maldivian, the national airline of the Maldives, has launched a social media giveaway campaign offering customers the chance to win travel...
Fitch Downgrades Maldives’ Credit Rating to CCC+ Amid Economic Concerns
Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-’, reflecting heightened risks associated with the...
Adidas Invites World to run for the Oceans
Adidas, in an Instagram post has invited the world to join in on their initiative with Parley called RunForTheOceans in order to...
MTCC Reports 61% Completion of Gdh. Thinadhoo Land Reclamation Project
The Maldives Transport and Contracting Company (MTCC) has released an update on the Gdh. Thinadhoo Industrial Zone Land Reclamation and Shore Protection...
Corporate Maldives Business Expo 2022 Gold Partner: Al Shaali Marine Maldives
Leading boat manufacturer Al Shaali Marine Maldives is a gold partner of Corporate Maldives “Business Expo” 2022, which will be held from...
Gov’t Proposes Amendment to Address Unjust Enrichment Among Public Officials
The Maldivian government has introduced a proposed amendment to the Penal Code aimed at tackling unjust enrichment among public officials. Announced by...
Consistent Mediocrity Vs Inconsistent Genius: The Workplace Perspective
In the modern workplace's fabric, two contrasting threads weave a compelling narrative: consistent mediocrity, epitomising steady commitment to daily tasks, and inconsistent...
Imports and Import Revenue Increase by 13% in March 2021
Statistics show that imports and import revenue have increased in March 2021, compared to the same time frame last year.
Ooredoo announces Color Run Addu on 21st June 2019
Ooredoo Maldives has announced that Color Run will be held in Addu City this June, in partnership with Ministry of Youth, Sports...
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),...
FHAM International Culinary Challenge Started with over 450 Chefs
Food and Hospitality Asia Maldives (FHAM) has started the International Culinary Challenge today at Dharubaaruge. FHAM Culinary challenge is the biggest platform that showcases the...
DhiraaguTV Has Launched a “FEE FREE” Promotion!
DhiraaguTV has announced a limited-time offer where existing Dhiraagu Fixed Broadband customers can apply for DhiraaguTV before 31 May 2021 to enjoy...
MVR 450 million budget proposed for SME Bank
Ministry of Finance has proposed a budget estimated at MVR 450 million for SME Development Finance Corporation (SDFC) for 2020.
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Ooredoo Maldives Launches *929# SuperDeals for All Customers
Ooredoo Maldives has launched a new campaign titled *929# SuperDeals, aimed at delivering personalised benefits to customers across its prepaid, postpaid, and...
Economic Ministry Opens Doors for Local Businesses to Attend Asia Berlin Summit
The Ministry of Economic Development and Trade has announced an opportunity for Maldivian businesses to participate in the Asia Berlin Summit, to...
Climate as Foreign Policy: Why Environmental Diplomacy Is the Maldives’ Strongest Card
For a nation spread across just over a metre of land above sea level, climate change is less an abstract issue than...
Investors Receive Second Annual Return from MPL’s 7% Fixed Income Bond
Maldives Ports Limited (MPL) has successfully completed the second annual coupon distribution for its fixed income bond, with MVR 3.5 million disbursed...
Maldives and India Reiterate Commitment to Strong Partnership Ahead of PM Visit
The Vice President of the Maldives, Uz Hussain Mohamed Latheef, received the High Commissioner of India, His Excellency G. Balasubramanian, for a...
