Government of Maldives Launches Development Bank to Address Financing Challenges
President Dr Mohamed Muizzu established the Development Bank of Maldives Limited on Thursday, a state-owned establishment wholly owned by the Government of...
Maldives Showcases at ITB China 2024 as Official Destination Partner
The Maldives Marketing and Public Relations Corporation (MMPRC), along with 45 travel and tourism companies and over 100 representatives, is showcasing the...
Customs Reports 6% Surge in Imports, 22% Fall in Exports
According to the latest reports by the Maldives Customs Service, the Cost, Insurance, and Freight (CIF) value of imports in April 2024...
Maldives Allocates MVR 1 Billion for State Debt Repayment in 2024
Recent Ministry of Finance data reveals that the Maldives has directed MVR 1 billion (USD 64.9 million) towards repaying its state debt...
Minister Highlights Urgent Need for Discussions on Population Dynamics
Minister of Social and Family Development Dr. Aishath Shiham has underscored the pressing necessity for national dialogues concerning the Maldives’ shifting population...
Discussions Underway to Reduce Price of Fish Purchased by MIFCO
Efforts are in motion to reduce the price at which the Maldives Industrial Fisheries Company Ltd (MIFCO) purchases fish, according to Finance...
Bunkering Services to Commence by End of July, Announces Economic Minister
Minister of Economic Development and Trade, Mohamed Saeed, has announced the launch of bunkering services in Ihavandhippolhu, Haa Alifu Atoll, slated to...
STO to Distribute MVR 80 Per Share from Last Year’s Profits
The State Trading Organization (STO) has announced a dividend of MVR 80 per share from last year’s profits. The decision was made...
Maldives and US Discuss Cybersecurity Enhancements
The Maldives and the United States have engaged in discussions to enhance the cybersecurity sector, with a focus on bolstering the cyber...
Continued Delay in Fiscal Reports Raises Concern
The Ministry of Finance has yet to release its Weekly Fiscal Development Report, despite a notice on its website indicating that the...
Maldives Seeks Stronger Alliance with Bahrain in High-Stakes Diplomatic Talks
The Minister of Foreign Affairs, Moosa Zameer, is currently on an official visit to the Kingdom of Bahrain, where he has engaged...
Maldives and Japan Sign Exchange of Notes to Enhance Disaster Resilience in Malé
The Government of Maldives and the Government of Japan signed an Exchange of Notes today for the “Project for Disaster Resilience Enhancement...
Maldives Expands Sea-to-Air Cargo Transshipment Services
The Maldives has seen further growth in its sea-to-air cargo transshipment operations, with Velana International Airport announcing the latest milestone in its...
Vice President Departs for CHOGM 2024 in Samoa
Vice President Hussain Mohamed Latheef has embarked on an official visit to Samoa to attend the Commonwealth Heads of Government Meeting (CHOGM)...
Corruption Crackdown or Control Play? Debate Erupts Over ACC Amendments
The Maldivian government's recent proposal to amend legislation granting the President the authority to appoint the heads of the Anti-Corruption Commission (ACC)...
MMPRC Launches Nationwide Landmark Design Competition to Showcase Maldivian Heritage
The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a nationwide competition inviting Maldivians over the age of 18 to design...
Transport Minister: Taxi Services in Malé Will Operate Uninterrupted
Transport Minister Mohamed Ameen has assured that Male' city’s taxi services will operate without disruption, even as the government prepares to transfer...
MIDFZ Signs Framework Agreement with CAI to Advance Maldives Economic Gateway Project
The Maldives Industrial Development Free Zone PLC (MIDFZ) has signed a significant framework agreement with Capital Asia Investments (CAI) to advance the...
President Concludes Trip to Kolhumadulu Atoll and Returns to Malé City
President Ibrahim Mohamed Solih has concluded his trip to seven islands and returned to Malé on Thursday evening.
PGA Shahid’s Vision “Five Rays of Hope” to Address Vital Issues that Align with...
President Ibrahim Mohamed Solih has stated that the President of the 76th Session of the United Nations General Assembly (PGA), State Dignitary,...
Secretary General of SAARC Arrives in Maldives on an Introductory Visit
The Secretary General of South Asian Association for Regional Cooperation (SAARC), His Excellency Esala Ruwan Weerakoon has arrived on Saturday on an...
MIRA Collects MVR 1.98 Billion During September 2021
Maldives Inland Revenue Authority (MIRA) has released the monthly revenue collection report for September 2021.
According to the...
Finance Minister Meets with Comptroller and Auditor General of India, Discusses Avenues for Collaboration
Finance Minister of the Maldives, Mr. Ibrahim Ameer has met with the Comptroller and Auditor General of India, Mr. Girish Chandra Murmu...
Maldives Promoted as a Safe Haven and Luxury Destination for Affluent Travelers from US...
Visit Maldives launches a campaign with Worth Magazine to promote the destination as a safe haven and luxury destination for travelers from...