Transport and Communication Sector Sees Q2 Slowdown, but Optimism Builds for Q3
The Maldives’ transport and communication sector saw a notable slowdown in the second quarter of…
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News
Mastercard to Play Key Role in Maldives’ Five-Year Digital Development Plan
Mastercard has joined forces with Bank of Maldives (BML) and the Ministry of Homeland Security…
MMA Launches Tamweel FinLit Fest 2025 to Boost Financial Literacy and Islamic Finance
The Maldives Monetary Authority (MMA) has inaugurated Tamweel FinLit Fest 2025, a nationwide initiative aimed…
Maldives–Türkiye Preferential Trade Agreement Expected to Take Effect Within Two Months
The Maldives’ Preferential Trade Agreement (PTA) with Türkiye is expected to come into force within…
eSIM Now Available for Apple and Samsung Watches on Ooredoo
Ooredoo Maldives has introduced eSIM connectivity for Apple Watch and Samsung Galaxy Watch, enabling users…
VIA Handles 4.1 Million Passengers in First Half of 2025
Velana International Airport (VIA) handled more than 4.1 million passengers in the first six months…
British High Commission Supports MACL with First Aid Training Gear
The British High Commission in Malé has donated First Aid Training equipment to Maldives Airports…
Talks Underway to Revive Idle Fish Processing Plant in Hulhumalé
Negotiations are in progress to bring the Ensis cannery and processing plant in Hulhumalé back…
MMA Survey Shows Retail Sector Facing Higher Costs and Potential Price Rises
The Maldives’ wholesale and retail trade sector had a mixed performance between April and June…
MIRA Targets Greater Efficiency Through Technology and Automation
The Maldives Inland Revenue Authority (MIRA) is working to further digitise its services and automate…
Gov’t Links Foreign Investment Growth to Business Forums and Legal Reforms
The Maldives has recorded 108 new foreign investments since December 2023, according to figures shared…
Work-Life Balance Tops Global Priorities. Where Does the Maldives Stand?
The Randstad Workmonitor 2025 report points to a clear shift in workplace values across the…
Maldives Records 12% Rise in Exports, 2% Drop in Imports in First Half of 2025
The Maldives recorded notable shifts in external trade during the first half of 2025, with…
July ECPI Data Shows Price Rises for Coffee, Fruits, and Vegetables
The cost of essential goods in Malé rose by 2.7% in July 2025 compared to…
Construction Sector Shows Strong Rebound in Q2 2025, but Financial Concerns Persist
The construction industry staged a strong recovery in the second quarter of 2025, ending a…
Ooredoo Maldives Launches Special Boduberu Class with Habeys Boduberu
Ooredoo Maldives is offering music enthusiasts the chance to learn the rhythms of Maldivian heritage…
Liquidity Spike and Dollar Outflows Prompt Central Bank Intervention
The Maldives Monetary Authority (MMA) has announced a series of monetary tightening measures aimed at…
Surplus Story Cracks Under Pressure of Stalled Capital Spending
The Maldives has recorded a budget surplus of MVR 314.3 million as of 31 July…
Maldives Issues Over MVR 1.86 Billion in Treasury Bills in Latest Sale
The Government of Maldives has invited subscriptions for a fresh issuance of treasury bills totalling…
CMDA and UNDP Launch Risk-Sharing Financing Facility for Blue Economy MSMEs in Maldives
The Capital Market Development Authority (CMDA) and the United Nations Development Programme (UNDP), with support…
Cold Storage Facility Underway as Part of Broader Food Security Strategy
The State Trading Organisation (STO) is developing a cold storage facility in Malé’s Industrial Village…
Maldivian Youth Demand Climate Action Ahead of COP30
Thirty-seven young people from across the Maldives gathered in Malé to call for urgent action…
Tourism Sector Contracts Sharply in Q2, But Signs Point to Gradual Recovery Ahead
The Maldives’ tourism sector experienced a significant slowdown in the second quarter of 2025, with…
New Rules for Tourism Ads in the Maldives: What You Need to Know
The Ministry of Tourism and Environment has introduced a new regulation that affects how tourist…