Turkey’s Foreign Minister Set to Pay an Official Visit to the Maldives

The Foreign Minister of Turkey, Mevlüt Çavuşoğlu is set to come on an official visit to the Maldives. Mevlüt...

Elimination of Tax on Goods Imported for Fishing- Will this Improve Maldives’ Exports?

Maldives Customs has announced that effective from August 1st 2020, there will be no import duty charged on goods imported for Fisheries Industry. This...

HDC Extends Proposal Submission Deadlines on 5 Commercial Units

Housing Development Corporation (HDC) has announced the extension of proposal submission deadlines for five commercial units. The new proposal...

Fairmont expands portfolio with the opening of Sirru Fenfushi Maldives

Luxury hotel chain owner, AccorHotels expands its Fairmont Hotels & Resorts portfolio with the opening of Sirru Fenfushi in Shaviyani Gaakoshibee. The high end...

Parliamentarians to Work From Home

The Maldivian Parliament has announced that they will be working from home using the internet, starting from next week.

Maldives and Sri Lanka Forge Stronger Ties in High-Level Talks

The Maldives Foreign Minister, Moosa Zameer, recently visited Sri Lanka, where he engaged in high-level talks with his Sri Lankan counterpart, Minister...

MMA States It Advised BML on Potential Consequences of Dollar Transaction Caps

The Maldives Monetary Authority (MMA) has provided its perspective on the recent reversal of US dollar transaction limits by the Bank of...

Dhiraagu Offers FREE Fibre Connection with FREE Router

Dhiraagu has launched a special promotion offering FREE Fibre Broadband connection and a FREE router. Customers residing at premises where there is...

Ooredoo Maldives Concludes Hadhiyafoshi Campaign with Grand Prize Ceremony

Ooredoo Maldives presented the final prizes to the lucky winners of the Hadhiyafoshi campaign in a Thursday ceremony at its headquarters.

Dhiraagu records profit of MVR 210 million

Dhiraagu, the leading telecommunication service provider in Maldives had a successful third quarter with a recorded profit of MVR 210 million. According to the financial...

Kurumba Maldives celebrates World Oceans Day

The annually celebrated World Oceans Day comes along every 8th June with numerous events and activities to be held around the world, bringing people...

Experience Dhiraagu Home Fibre Broadband with No-Cost Installation and a Free Router

Dhiraagu has launched a special limited-time offer with a free connection and free router for residential customers applying for a new Dhiraagu...

GAN Airport to Begin Modernization Project in June, Set to Conclude in 2 Years

The Ministry of Economic Development has announced that the modernization of GAN Airport is scheduled to commence next month and is expected...

Government Acquires USD 208 Million as Loan in 2020

The Government of Maldives has acquired loans which amount to USD 208 million in 2020. According to the statistics published...

MMA Instructs Banks to Halt Dollars Being Used for Local Transactions Within Maldives

Central bank, Maldives Monetary Authority (MMA) has instructed commercial banks to only permit Maldivian Rufiya to be used for transactions conducted within...

Ooredoo Maldives Concludes Ooredoo Fun Run with Over 5000 Registered Runners

Ooredoo Maldives has concluded Ooredoo Fun Run on 24th December 2022 with over 5000 participants joining the fun activities of this first-of-its-kind...

Regional Airports Company Board of Directors Formed

Board members have now been appointed to the Regional Airports Company Limited, a new company established under an executive order of the...

Will an “Underwater Theme Park” boost Maldives Tourism Sector?

Globally theme parks are an important component in developing tourism demand. In some destinations theme parks can be the main reason why tourists consider...

Maldivian to Launch Wide-Body Fleet to China and Europe by October

The Minister of Transport and Civil Aviation, Mohamed Ameen, announced last night that the country’s national carrier, Maldivian, will commence operations of...

STO has opened a temporary Petrol Shed at Male’ Industrial Village area

In order to minimise difficulties faced by the public due to road restrictions caused by the ongoing bridge operations, STO has opened a temporary...

MTCC Commences Land Reclamation on F. Magoodhoo

Maldives Transport and Contracting Company (MTCC) have mobilized their cutter suction dredger (Bodu Jarraafa) to F. Magoodhoo and commenced land reclamation operations...

Tourist Arrivals to Maldives Reach Over 713,000 This Year!

According to the latest Tourism Ministry statistics, tourist arrivals to the Maldives have reached 713,741 so far this year.

Ali Navaz Appointed General Manager at Komandoo Resort

Ali Navaz has been promoted from Hurawalhi Resort Manager to the General Manager of Komandoo resort.   Navaz initially joined...

Fitch Downgrades Maldives’ Credit Rating Amid Rising Default Risks

Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘CCC+’, reflecting growing concerns over the country’s...

LATEST ARTICLES

Maldives and Tajikistan Sign Visa Exemption Agreement

Maldives and Tajikistan have formalised a bilateral agreement granting mutual visa exemptions for their citizens for stays up to 30 days. The...

Maldives Targets 2.4 Million Tourist Arrivals in 2025

The Maldives is setting its sights on a new tourism milestone, aiming to welcome 2.4 million visitors in 2025, surpassing the 2.2...

MMA Seeks Feedback on Proposed Changes to Foreign Currency Exchange Rules

The Maldives Monetary Authority (MMA) has circulated a draft bill on foreign currency exchange to stakeholders, inviting comments on its provisions. The...

Maldives Slams COP29 Climate Finance Deal as Inadequate Amid Escalating Crisis

The Maldives has criticised the USD 300 billion annual climate finance target agreed upon at the COP29 summit, stating that it falls...

Ministry Teams Up with ESCAP and APCICT to Support Women in Business

The Ministry of Social and Family Development, in collaboration with ESCAP (Economic and Social Commission for Asia and the Pacific) and APCICT...
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