Kuoni rates Maldives as the top destination for the 15th consecutive year
The Maldives remain Kuoni’s biggest selling destination for a staggering 15th consecutive year – and the Indian Ocean archipelago is showing no signs of...
Registrations for Local Island Tourism Magazine to Close on 30 September
Orca Media Group has announced that registrations for Local Island Tourism Magazine 2022, eighth edition will be closed on 30th September 2022.
IEA’s Oil Demand Forecast Revision: A Test for Maldivian Financial Resilience
The International Energy Agency's (IEA) recent revision of its 2024 oil demand growth forecast poses significant implications for the Maldives, a nation...
JCC Temporarily Closes Its Showrooms
JCC has announced that they will be closing JCC showrooms until further notice.
JCC has temporarily closed its...
Maldives Immigration Awarded Prestigious IAIR Award
Maldives Immigration has accepted the prestigious IAIR Award for ‘Most innovative high-security ePassports and eGates’ award during the official award ceremony in Milan, Italy,...
Seaside Finolhu Baa Atoll Appoints Jean Francois Richard as Director of Sales and Marketing
Seaside Finolhu Baa Atoll has announced the appointment of Jean Francois Richard as the luxury Maldivian resort’s new Director of Sales and...
Race for Results: 5 COVID-19 Vaccines Coming Within 2020
Dr Faheem Younus, Chief Quality Officer at University of Maryland, Upper Chesapeake Health, has announced that five coronavirus vaccines are coming this...
BML Introduces Cashless Payment for Taxis
Bank of Maldives (BML) has introduced a cashless payment solution for taxis as part of the Bank’s digitalization roadmap and support to...
Environment Ministry and MIB Signs Agreement to Facilitate Affordable Access to Hakathari Appliances
An agreement has been signed between The Ministry of Environment, Climate Change and Technology and Maldives Islamic Bank to facilitate affordable access...
Foreign Secretary Abdul Ghafoor Mohamed departs to Azerbaijan to represent the Maldives at the...
Foreign Secretary Abdul Ghafoor Mohamed departs to Baku, Azerbaijan to represent the Maldives at the Ministerial Meeting of the Non-Aligned Movement (NAM)....
Has the Government Delivered on Stabilising the Dollar Exchange Rate?
Earlier this year, the Maldivian government proudly announced strides in stabilising the dollar exchange rate, a move that was expected to bring...
Adh. Hangnaameedhoo Harbour Development Project 77% Complete
Maldives Transport and Contracting Company (MTCC) has provided an update on the Adh. Hangnaameedhoo Harbour Development Project.
MTCC reveals...
Foreigner Arrested for Selling Dollars on Black Market
An expatriate who was trading foreign currency in the black market has been arrested while he was depositing money.
MPL Invites Students to Discover Maritime Industry at Port Open Day 2023
Maldives Port Limited (MPL) has announced the Port Open Day 2023 to provide educational opportunities for students aged 13 to 18.
Research Shows More Job Loss & SMEs May Go Out of Business in the...
A research shows that employment
could be affected extensively and several small and medium enterprises (SMEs) may
go out of businesses in the near...
Business Visa Often Misused: Immigration Controller
Immigration Controller Mohamed Ahmed Hussain (Hanafee) has revealed that foreigners have been attempting to enter Maldives by applying for a business visa...
Malaysia Drops Charges Against ‘Wolf of Wall Street’ Producer
Malaysian prosecutors have dropped money laundering charges against “The Wolf of Wall Street” film producer and stepson of ex-Prime Minister Najib Razak...
Highrise Ismail awarded Entrepreneur of the Year
Ismail Hameed or popularly known as Highrise Issey has been awarded the Entrepreneur of the year at the Maldives Business Awards.
Tourist leisure time in the Maldives has increased by 10.2% in 2018
Compared to 2017, tourists have spent 10.2% more nights in the Maldives.
According to the statistics of the Tourism...
MTCC completes Th. Madifushi breakwater construction project
Maldives Transport and Contracting Company Plc (MTCC) has
completed the breakwater construction project at Th. Madifushi on 7th
December.
Ministry of...
The Perilous Path of Political Patronage: Election Promises and Economic Fallout
As Maldives approaches a crucial parliamentary election, concerns have emerged regarding the potential use of government resources in campaign efforts. These concerns...
Inflation in the Maldives Shows Minimal Increase Amid Rising Food Prices
The Maldives experienced a slight rise in inflation in July 2024, with the Consumer Price Index (CPI) increasing by just 0.10% compared...
Bank of Maldives to Establish Oncology Ward at IGMH
Bank of Maldives (BML) has entered into an MoU with Indira Gandhi Memorial Hospital (IGMH) to establish a dedicated Oncology Ward at...
Foreign Investors Engaging in Unapproved Business Activity to be Blacklisted: Economic Ministry
The Ministry of Economic Development has publicised a notice to foreign parties engaging in business projects to comply with applicable government policies.
LATEST ARTICLES
Report: Maldives Sets Sail Towards Economic Diversification with Bunkering Ambitions
The Maldives is charting a new course in its economic journey. In a bold move to diversify its tourism-dependent economy, the government...
Adapting to Climate Change: Nature-Based Solutions Versus Hard Infrastructure in the Maldives
As highlighted in the Maldives Country Climate and Development Report (CCDR) by the World Bank, the Maldives faces significant challenges from climate...
President Muizzu to Attend 79th UN General Assembly
President Dr Mohamed Muizzu is set to participate in the 79th United Nations General Assembly (UNGA), marking his first appearance at the...
Singapore’s Chi Energie Proposes LNG-Based Power Generation in Maldives
The Ministry of Climate Change, Environment, and Energy has announced that Singapore-based company Chi Energie Private Limited has submitted a proposal to...
President Muizzu Ratifies First Amendment to Companies Act
President Dr Mohamed Muizzu has today ratified the first amendment to the Companies Act (Act No. 07/2023), introducing significant changes aimed at...
