Gov’t Reaffirms Commitment to Fishermen and Plans Major Expansion in Fish Storage Capacity
Fisheries Minister Ahmed Shiyam addressed the delay in government payments to fishermen, a commitment made by President Mohamed Muizzu to settle payments...
President Ratifies Higher Tourism and Departure Taxes Amid Fiscal Reforms
President Dr Mohamed Muizzu has ratified a set of amendments that will raise key tourism-related taxes and fees, effective at various dates...
Chinese Team to Conduct Feasibility Study for Major Road Project in Male’ and Villimale’
A team of Chinese technical experts has arrived in the Maldives to conduct a feasibility study for a road construction initiative in...
DAMAC Properties Launches DAMAC Air, Redefining Luxury Travel with Curated Tropical Escapes
DAMAC Properties has unveiled DAMAC Air, a groundbreaking travel service designed to offer unparalleled luxury holidays in some of the world’s most...
Ooredoo Maldives Offers Mogoo Bolt Hybrid Bike as November’s Atholhu Dhuvun Prize
Ooredoo Maldives is offering an exciting prize this November for players of its popular game “Atholhu Dhuvun.” The top scorer on the...
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...