UK Leads Tourist Arrivals in Maldives for February, Surpassing China
The United Kingdom became the leading source market for tourism in the Maldives in February 2025, according to recently released statistics from...
Maldivian Extends Proposal Deadline for Airbus A330-200 Operating Lease
Island Aviation Services Limited (IASL), operator of the Maldives' national airline, Maldivian, has announced an extension to the proposal submission deadline for...
Over MVR 7 Million Paid: Euro Marketing’s Second Periodic Payment to Bondholders
Euro Marketing has successfully disbursed over MVR 7 million in its second periodic payment to bondholders, reaffirming its commitment to financial obligations...
Gov’t Introduces Additional Centres for Foreign Worker Biometric Updates
The Ministry of Homeland Security and Technology has announced the establishment of additional service points aimed at assisting foreign workers in updating...
February Tourism Figures Ease Slightly Despite Strong Start to 2025
In February, tourist arrivals in the Maldives experienced a modest decline compared to the same month last year, although the broader picture...
Farhath Shaheer Appointed CEO of MIFCO Following Sudden Dismissal of Predecessor
Farhath Shaheer has been appointed as the Chief Executive Officer and Managing Director of Maldives Industrial Fisheries Company Limited (MIFCO), following the...
Maldives Boosts Travel Links at Berlin’s ITB 2025
The Maldives is making a strong push at the ITB Berlin Fair 2025, with Minister of Tourism and Environment Thoriq Ibrahim leading...
February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt
The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an acceleration from the 4.1% growth observed in the second...
Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in December 2023. The decision comes amid concerns...
Gov’t Seeks MVR 2.23 Billion in Treasury Bills
The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...
Immigration Reports Rise in Expatriates with Valid Visas at Malé Local Market
Maldives Immigration has reported an increase in the number of expatriates working at Malé City’s local market with valid visas, following a...
India Discusses Collaboration with Maldives on Fisheries Development
India is engaged in discussions with the Maldives government to assist in promoting the island nation’s fisheries sector, according to Indian High...
Registrar of Companies Mariyam Visam Resigns After a Decade in Office
The Registrar of Companies, Mariyam Visam, has stepped down from her position at the Ministry of Economic Development. Her resignation is effective...
Maldives’ January Imports at MVR 5.2 Billion, Exports Reach MVR 144 Million
The Maldives recorded imports worth MVR 5.2 billion in January 2025, with fuel accounting for MVR 728 million of the total, according...
Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline
The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...
New Animal Protection Bill Proposes Fines Up to MVR 1 Million
The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...
Parliament Approves Non-Resident Ambassadors to Russia and Morocco
The Parliament has unanimously approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to Russia and Morocco. The appointments were confirmed in...
Tobacco Imports Subject to Duty Under China-Maldives FTA, Confirms Minister
Economic Minister Mohamed Saeed has confirmed that tobacco products and cigarettes will not be exempt from import duties under the Free Trade...
First Foreign CEO of MIFCO Removed From Position
Dr Vitaliy Lyubimov has been removed from his role as the Managing Director and Chief Executive Officer (CEO) of the state-owned Maldives...
Ooredoo Maldives and Qatar Charity Complete Renovation of Hulhumalé Grand Mosque
Ooredoo Maldives, in partnership with Qatar Charity, has completed renovations on Masjid Al Sheikh Qasim bin Al-Thani (Hulhumalé Grand Mosque), installing a modern air conditioning...
New Foreign Currency Regulation Sets Reporting & Compliance Standards
The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...
New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts
The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures for redetermining previously assessed tax amounts in...
Consultancy Sought for Addu City’s 14km Bridge Link Project
The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...
Maldivian Begins A330 Flights to Cochin and Trivandrum
The national airline, Maldivian, has commenced operations to Cochin and Trivandrum in India using its first wide-body aircraft, the Airbus A330. The...
LATEST ARTICLES
The Business of Politics in the Maldives – Money, Power, and the Vicious Cycle
In the Maldives, as the nation is grappling with economic instability, rising national debt, and a fragile tourism-dependent economy, the intersection of...
Dhiraagu Partners with Eid Baibalaa Challenge 1446 as Digital Sponsor
Dhiraagu has signed on as the Digital Partner for this year’s Eid Baibalaa Challenge 1446, an annual tournament that remains one of...
UN Report Highlights Gaps in Protection and Sustainable Development for Maldives
A newly published report by the United Nations in the Maldives has drawn attention to key shortcomings in the country’s social...
President Outlines Healthcare Strategy Focused on Local Access and Healthy Living
President Dr Mohamed Muizzu has shared the Government’s current approach to developing the Maldives’ health sector, with a mix of infrastructure...
Shahid Calls for Global South Leadership in New World Order
Abdulla Shahid, the former Maldives Foreign Minister, has argued that the time has come for developing nations to take a leading...
