President Appoints Two Members to Tax Appeal Tribunal
President Dr Mohamed Muizzu has appointed two members to the Tax Appeal Tribunal in line…
Section
News
World Bank Warns of Mounting Fiscal Risks in Maldives Amid Tourism-Driven Economy
The World Bank’s South Asia Development Update (October 2025) places the Maldives’ economic outlook in…
SIMDI Group Appoints Woodlane Pvt. Ltd. as Exclusive Sub-Distributor for Fuvahmulah
SIMDI Group has signed a sub-distributorship agreement with Woodlane Pvt. Ltd., appointing the company as…
Gov’t Expands Power to Award Contracts Without Open Bidding
The government has amended the Public Finance Regulation to allow the awarding of all government…
Veligandu Maldives Resort Island Achieves Eight Hours of Clean Energy Daily
Veligandu Maldives Resort Island has successfully completed its Solar Energy Initiative, marking a major step…
Gov’t Invites Bids to Develop Resorts in Hankede and Nalandhoo
The government has opened investment opportunities for the development and operation of tourist resorts in…
Maldives Tourism Awards Pays Tribute To Industry Pioneers, Unveils New Categories
The third annual Maldives Tourism Awards (MTA) awarded eight establishments with 10 honours on Friday…
Ooredoo Maldives Offers Chance to Win a Hajj Trip for Two
Ooredoo Maldives has announced an opportunity for both new and existing customers to win a…
Maldives’ September Revenue Surges 30.7% Driven by Tourism and One-Off Lease Payments
Government revenue for September 2025 reached MVR 3.01 billion, marking a 30.7 percent increase compared…
Maldivian Enhances India Routes with New Fares and Upgraded Service
Maldivian, the national airline of the Maldives, has announced competitive new fares and enhanced travel…
Dhiraagu Completes High-Speed Fibre Broadband Network Across All Inhabited Islands
Dhiraagu has announced the completion of its high-speed fibre broadband network across every inhabited island…
TradeNet Expands Tradian Platform to Include Air Services and Aircraft Registration
TradeNet Maldives Corporation Limited has announced the expansion of its national single window system, Tradian, to…
Hanimaadhoo Airport’s New Terminal Set for November 9 Opening
The Maldives Airports Company Limited (MACL) has announced that the new passenger terminal at Hanimaadhoo…
New Fund Aims to Strengthen Maldives’ Private Capital Market
Dhivehi Investment Partners (DIP) has launched its first private investment fund, the Dhivehi Investment Nafaa…
New Services and Infrastructure Projects Announced During South Ari Visit
President Dr Mohamed Muizzu has concluded his visit to the inhabited islands of South Ari…
Revised Foreign Investment Rules Open Key Sectors for Full Ownership
The Government has published updated entry requirements for foreign investment under the new Foreign Investment Act…
Maldives’ Sea-to-Air Cargo Handles 433 Tonnes of Cargo in September
Maldives’ sea-to-air cargo service handled 433 tonnes of transshipments in September, equivalent to 111 TEUs…
MMA’s September Statement Shows Increase in Foreign Reserves and Stable Domestic Liabilities
The Maldives Monetary Authority’s (MMA) latest balance sheet for September 2025 shows a modest increase…
Gov’t Invites Bids for Construction of Central Cold Chain Facility in Hulhumalé
The Government has invited bids for the construction of a central-level cold chain facility and…
Tourist Arrivals Surge 21.8 Percent in First Week of October
Tourist arrivals to the Maldives rose sharply in the first week of October 2025, recording…
Ooredoo Maldives Marks Customer Day with Nationwide Engagement Activities
Ooredoo Maldives celebrated Customer Day with a nationwide initiative that brought its management and employees…
President Designates Uthuru Athafaru as Part of Hangnaameedhoo to Boost Local Tourism
President Dr Mohamed Muizzu has designated Uthuru Athafaru as part of ADh. Hangnaameedhoo to strengthen…
Q2 Labour Survey Reveals Uneven Growth Across Male’s Workforce
The latest Labour Force Survey by the Maldives Bureau of Statistics (MBS) for the April to June…
SDFC Begins Transforming Loans into Shariah-Compliant Facilities
The SME Development Finance Corporation (SDFC) has launched an initiative to convert its existing lending…