Coca-Cola Commits New Investments to the Maldives

Coca-Cola, a total beverage company refreshing Maldivians with a wide range of beverages from soft drinks to water, is expanding its packaging...

MPL’s Internship Programme Sees Record Number of Applicants

Maldives Ports Limited (MPL) has launched its highly anticipated internship programme, opening doors for secondary and senior secondary students to gain valuable...

Areas allocated for 24 hour business in Male and Vilimale

The economic ministry has stated that there are specific areas in Male and Vilimale which will be given the permission to operate...

The President Inaugurates the ‘Ras Malé’ Reclamation Project

President Dr Mohamed Muizzu has officially inaugurated 'Ras Malé', marking the commencement of the nation's most extensive land reclamation project ever undertaken....

MIRA to collect Green Tax from Guesthouses starting 1st October 2016

Guesthouses will be charged Green Tax on tourists for each day of their stay starting from 1 October 2016, under the eighth amendment to...

FAM Appoints New Technical Director

The Football Association of Maldives has appointed former footballer and coach, Judan Ali as new Technical Director. After Ali's...

Gov’t to Stabilise Dollar Rate and Tackle Black Market

The government has announced its intention to take decisive action this year to stabilise the dollar exchange rate and combat the black...

Ministry of Finance Issues USD 117 Million in Treasury Bills to Cover Government Expenditure

The Ministry of Finance has announced the sale of Treasury bills (T-bills) amounting to USD 117 million as part of efforts to...

IDeaS Launches Automated Configuration Feature for G3 RMS

IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, announced the launch of Automated Configuration for...

Maldivian Ambassador-designate to UK Meets Secretary General of Commonwealth

H.E Dr. Farah Faizal, Maldivian Ambassador-designate to UK has met with the Secretary General of Commonwealth, Baroness Patricia Scotland.

New Chancellors appointed to IUM and MNU

President Ibrahim Mohamed Solih has appointed two university chancellors and presented their official Letters of Appointment. In a special...

The Rise in Popularity of TikTok Amid The Pandemic

Amidst the global wide social distancing and quarantine instructions and lockdowns in several countries has led to a surprise hit in the...

Maldives and United States Sign Fourteenth Amendment to Development Objective Grant Agreement

The Maldives and the United States have signed the fourteenth amendment to the Development Objective Grant Agreement (DOAG) today, further solidifying their...

First Shipment of Rock Boulders Delivered to Adh. Hangnaameedhoo Harbor Project Site: MTCC

Maldives Transport and Contracting Company (MTCC) has announced that the first shipment of rock boulders required for the breakwater construction of Adh....

Travel Trade Maldives (TTM) Signs with Partners

Partners Signing ceremony has been held for the 2nd edition of International Travel Trade Show of Maldives (TTM) on the 5th of April 2018...

Finance Ministry Requests One Year Extension of Overdraft

The Ministry of Finance has requested the Parliament to extend the bank overdraft period granted to cover government expenditure.

Munawar Nominated to Lead Central Bank

Ahmed Munawar, a seasoned financial expert with a history at the Maldives Monetary Authority (MMA) and a stint as Finance Minister, has been put...

Waste Converted to Electricity in Raa Atoll Vandhoo

Waste has been converted to electricity in Raa Atoll Vandhoo on 22nd July 2019. The conversion was carried out...

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...

Lh. Felivaru Cold Storage Complex Agreement Signed with Rainec India Limited

The Maldives Ministry of Economic Development and Maldives Industrial Fisheries Company (MIFCO) will enter into an agreement to establish a state-of-the-art cold...

Vincenzo Emma Joins Grand Park Kodhipparu Maldives as Executive Sous Chef

Grand Park Kodhipparu Maldives, the first luxury resort by the Park Hotel Group – Singapore, appoints Vincenzo Emma as the Executive Sous...

Aviation scholarships to be introduced

The government has decided to launch a scholarship scheme for studies in the aviation industry. This was announced by Transport Minister Ms....

Appropriate action to mitigate against global warming needs to be taken – Environment Minister

The Minister of Environment, Dr. Hussain Rasheed Hassan has said that nations need to invest more on sustainable energy in order to take appropriate...

“Journey to the Sunny Side” Series Roadshow has Commenced in India

As part of the series of roadshows planned by Maldives Marketing & Public Relations Corporation (MMPRC) the “ Journey to the Sunny Side “...

LATEST ARTICLES

Parliament Pushes Through MVR 56.6 Billion Budget, Axes Accountability Measures

The Maldivian Parliament has approved a state budget of MVR 56.6 billion for 2025, despite criticism over the lack of specifics on...

MIRA Implements Changes to GST Regulation, Eases Rules for Staff Cafes

The Maldives Inland Revenue Authority (MIRA) has published the 31st Amendment to the Goods and Services Tax (GST) Regulation, introducing key updates...

Construction Minister Flags Misuse of Advance Payments by Contractors

Minister of Construction Dr Abdulla Muthalib has raised concerns over the misuse of advance payments by contractors, which has stalled several development...

Opening of New International Terminal at VIA Delayed Until Mid-2025

The opening of the new international terminal at Velana International Airport (VIA) has been postponed until mid-2025 at the recommendation of the...

The Cost of Control: What the Maldives Stands to Lose with Power Centralisation

In a move that has raised alarms about the erosion of democratic norms, President Mohamed Muizzu has ratified amendments to the laws...
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