Mohamed Solah Appointed CEO of Crown & Champa Resorts
Crown & Champa Resorts (CCR) has announced the promotion of Mohamed Solah to Chief Executive Officer, marking a significant milestone in his...
Government Launches ‘Hiyaavahi’ Finance Scheme for Affordable Home Construction
Government has officially launched the ‘Hiyaavahi’ finance scheme on Tuesday, a programme designed to offer affordable home construction loans at a 5...
Dhiraagu Reports Financial Growth and Expands Connectivity in Q3 2024
Dhiraagu reported steady growth in the third quarter of 2024, with notable increases in revenue, profit, and market capitalisation. The company’s quarterly...
MATI Hosts Strategy Masterclass Led by Mark Pollard for Tourism Professionals
The Maldives Association of Tourism Industry (MATI) has announced the upcoming second edition of MATI Insight, set to be a specialised masterclass...
Trans Maldivian Airways Hosts Educational Visit for Ghiyasuddin International School Students
On 28 October 2024, Trans Maldivian Airways (TMA) welcomed 40 students from Ghiyasuddin International School for a hands-on educational visit at its...
Maldives and Türkiye Sign Preferential Trade Agreement to Strengthen Economic Ties
The Maldivian government has signed a Preferential Trade Agreement (PTA) with Türkiye, marking a significant milestone in strengthening bilateral trade relations between...
New Budget Procedure Policy Introduced for State-Owned Enterprises to Enhance Transparency
The Privatisation and Corporatisation Board (PCB) has introduced a new Budget Procedure Policy for State-Owned Enterprises (SOEs) aimed at strengthening transparency, accountability,...
Tourist Arrivals in October Signal Progress but Raise Questions Over 2 Million Goal
The Maldives continues to make strides toward its target of welcoming 2 million tourists in 2024, yet the latest arrival figures for...
Gov’t Proposes Amendment to Address Unjust Enrichment Among Public Officials
The Maldivian government has introduced a proposed amendment to the Penal Code aimed at tackling unjust enrichment among public officials. Announced by...
Maldives Expands Sea-to-Air Cargo Network with First Shipment from India
The Maldives’ Sea-to-Air Cargo Transshipment service has reached a new milestone with its first shipment originating from India, marking an exciting expansion...
Maldives Amends Tobacco Regulations to Impose Destruction Costs on Importers
The Maldivian government has introduced a new regulation mandating that importers bear the costs of destroying any tobacco products that fail to...
Maldives Government Clarifies Stance on High Commissioner’s Meeting with Afghan Representative
The Government of Maldives has clarified that a recent meeting between its High Commissioner to Pakistan, Mohamed Thoha, and a representative of...
Allied Insurance Resumes Cashless Service for Outpatient Care
Allied Insurance Company has announced the resumption of its cashless service for outpatient healthcare following a temporary suspension due to recent changes...
Rethinking Corporate Social Responsibility in the Maldives
As companies around the world embrace Corporate Social Responsibility (CSR) to enhance community connections and build sustainable business models, the Maldives is...
Bangladesh Redirects Textile Exports via Maldives, Boosting Sea-to-Air Transshipment Operations
Bangladesh, the world’s second-largest garment producer, has opted to reroute its textile exports through the Maldives instead of India, significantly boosting the...
NSPA Confirms Continued Aasandha Support Amid Private Insurance Cashless Service Suspension
The National Social Protection Agency (NSPA) has confirmed that Aasandha services will remain available for individuals who are required to pay out...
BCC Launches Nationwide Initiative to Profile Economic Development Projects
The Business Centre Corporation (BCC) has launched "Dhivehi Raajjeyge Iqthisaadhee Furamala 2025," a new initiative aimed at gathering comprehensive data on economic...
Maldives Customs Implements Stricter Regulations on Tobacco Storage and Vessel Tracking
The Maldives Customs Service has introduced amendments to the Customs General Regulation, banning the storage of tobacco and tobacco-related products in bonded...
MMA Tightens Currency Exchange Rules
The Maldives Monetary Authority (MMA) has announced that, under the Regulation on Money Changing Business, a specialized company must be established for...
Global Biodiversity Conference Ends with New Roles for Maldives in Conservation Leadership
The 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD) concluded successfully in Cali, Colombia, marking a significant...
Maldives and China Reflect on Decade of Growing Bilateral Ties at Anniversary Symposium
The Ambassador of China to the Maldives, Wang Lixin, highlighted the growth of Maldives-China relations during the "China and Maldives: A Decade...
President Ratifies New Amendment Raising Import Duties on Tobacco and Vaping Products
President Dr Mohamed Muizzu has ratified the 19th Amendment to the Maldives Export-Import Act (Act no. 31/79), introducing substantial changes to import...
Report: Calls Grow for Comprehensive Reform of Maldives’ Pension System
As one of the largest financial reserves in the Maldives, the national pension fund has amassed over MVR 20 billion in assets....
From Friday, Aasandha Scheme to Deduct Private Insurance First in New Cost-Cutting Measure
The Maldivian government has introduced a significant change to the national health insurance scheme, Aasandha, starting this Friday, as part of ongoing...
LATEST ARTICLES
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...
Maldives Secures Nine Prestigious Titles at World Travel Awards 2024
The Maldives has cemented its position as a global tourism leader, winning nine prestigious titles at the World Travel Awards 2024, held...
Parliament Committee to Probe Pending Payments to SOEs
The Public Accounts Committee of Parliament has resolved to seek details of all pending payments owed to State-Owned Enterprises (SOEs), following a...
MPL Targets USD 6.5 Million in Revenue by Year-End
Maldives Ports Limited (MPL) is aiming to achieve USD 6.5 million in revenue by the end of this year, according to its...
