Maldives Wins Indian Ocean’s Best Spa Destination 2024 at World Spa Awards
The Maldives has been recognised as the Indian Ocean's Best Spa Destination at the 10th Annual World Spa Awards, solidifying its position...
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...
MIRA Issues Regulation for Special Economic Zones Following Agreement with IFZA
The Maldives Inland Revenue Authority (MIRA) has issued a regulation outlining the submission requirements for developers and investors operating within the country’s...
Annual Review Highlights Maldives’ Progress Towards 2040 Development Goals
The Maldives Ministry of Economic Development and Trade has released its annual review, titled “Towards a Developed Nation by 2040,” which outlines...
Budget Committee Approves 2025 Budget with Enhanced Oversight Conditions
The Budget Committee of Parliament has approved the proposed 2025 budget, incorporating amendments aimed at increasing transparency and fiscal accountability. The decision...
Ooredoo Maldives Announces Virtual Extraordinary General Meeting
Ooredoo Maldives Plc has confirmed plans to hold its Extraordinary General Meeting (EGM) virtually on Sunday, 15th December 2024, at 8:00 PM....
MIRA Urges Tourism Sector to Prepare for GST Rate Change in July 2025
The Maldives Inland Revenue Authority (MIRA) has announced an increase in the Tourism Goods and Services Tax (TGST) rate from 16% to...
Ha. Ihavandhoo Harbor 60% Complete: MTCC
Maldives Transport and Contracting Company (MTCC) has revealed that work on the design and build of Ha. Ihavandhoo Harbor is well underway,...
President Concludes Official Visit to New York to Attend the 76th Session of UNGA
President Ibrahim Mohamed Solih has concluded his official trip to New York City to attend the 76th Session of the United Nations...
President Confers National Award for Public Service to 117 Long-Serving Public Employees
President Ibrahim Mohamed Solih has on Wednesday evening conferred the National Award for Public Service to 117 long-serving public employees. They received...
Foreign Minister Shahid Delivers Statement at Virtual COVID-19 Ministerial hosted by the US Secretary...
The Minister of Foreign Affairs, His Excellency Abdulla Shahid has on Wednesday delivered a statement at the virtual COVID-19 ministerial hosted by...
Govt Spending This Year Reaches 77.5% of Approved Expenditure
The latest weekly fiscal developments report released by the Ministry of Finance shows that government expenditure has reached 77.5 percent of the...
MMPRC Collaborates with SQ to Promote Maldives to the Chinese Market
Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives) concludes a familiarisation trip in collaboration with Singapore Airlines (SQ). The trip was...
Dhiraagu Signs as the Digital Partner of the Asian Surfing Championship Maldives 2023
Dhiraagu has signed as the Digital Partner of the Asian Surfing Championship Maldives 2023, scheduled to take place from 8-17 July at...
MIRA Reports 21% Revenue Surge for August 2023
The Maldives Inland Revenue Authority (MIRA) has reported a revenue of MVR 1.60 billion for August 2023, signifying a 21% growth in...
BML Announces Phase 2 Winners of Community Fund 2023
Bank of Maldives has today announced the 10 winning proposals for the second phase of its Community Fund for the year.
STO Registers MVR 4.1 Billion Revenue for Q3
State Trading Organization (STO) reported its third-quarter total revenue at MVR 4.1 billion, marking a 9% increase from the preceding quarter. The...
State Records MVR 92.6 Million in Green Tax Revenue for October 2023
The Ministry of Finance has reported that the state's green tax revenue amounted to MVR 92.6 million in October 2023.
MIFCO Commences Application for Fishermen Representative on Board
Maldives Industrial Fisheries Company Limited (MIFCO) has initiated the application process for the appointment of a fisherman representative to its board.
Finance Ministry Reports Decrease in State Spending, Increase in Revenue
The Finance Ministry's Weekly Fiscal Development Report has revealed a reduction in state budget expenditure for the current year compared to the...
Dhiraagu Wins “Maldives’ Broadband Telecom Company of the Year” at Asian Telecom Awards
Dhiraagu has been awarded the title of "Maldives' Broadband Telecom Company of the Year" at the 2024 Asian Telecom Awards. The awards...
Fishermen’s Accounts Paid Up to Date as of Last Friday
The government has announced that it has cleared all outstanding payments owed to fishermen. According to President Dr Mohamed Muizzu, the payments...
BCC Announces Webinar on Business Structures
The Business Center Corporation (BCC) has unveiled a new webinar designed to guide entrepreneurs through the various types of business structures available...
Gov’t Streamlines Land Allocation for Economic Development
New land-use regulations have been published in the Gazette, establishing a clear framework for the allocation of plots for non-residential purposes. The...
LATEST ARTICLES
Rtd Major Mohamed Najah Appointed Managing Director of FENAKA
The state-owned utility provider FENAKA Corporation has appointed retired Major Mohamed Najah as its new Managing Director. The announcement was made by...
Russia Appoints First Consul General to the Maldives
Aleksei M. Idamkin has officially assumed his position as the first Consul General of the Russian Federation to the Maldives. The historic...
Maldives-China Free Trade Agreement Set to Reshape Bilateral Trade Dynamics
The Maldives-China Free Trade Agreement (FTA), signed in December 2017, is set to become effective on January 1, 2025. The agreement, which...
Fenaka Managing Director Steps Down Amid Financial Challenges
Muaz Mohamed Rasheed has resigned from his role as Managing Director of Fenaka Corporation, citing insurmountable financial and operational difficulties. The resignation...
Maldivian Expands to China and Eyes European Destinations
Maldivian, the national carrier of the Maldives, is set to expand its global reach by launching direct flights to three key cities...
