Maldives Experiences Inflation Rise in November 2024
The Maldives Bureau of Statistics has released the latest Consumer Price Index (CPI) for November 2024, showing a significant increase in inflation....
MIRA Sets Strategic Priorities in New Operational Plan 2025
The Maldives Inland Revenue Authority (MIRA) has unveiled its 2025 Operational Plan, detailing a set of initiatives designed to support the organisation’s...
December Sees Increased Private Jet Movements in the Maldives
The Maldives has seen an increase in private jet arrivals this December, continuing a long-standing trend of heightened aviation activity during the...
FENAKA’s Solar Project Set to Cut Diesel Consumption and Save Millions
FENAKA Corporation Limited is advancing its solar energy programme to enhance energy production and reduce reliance on diesel across the Maldives. The...
Vendors Invited to Apply for the Maldives Culture & Food Festival
The Business Center Corporation (BCC) invites vendors to be part of the Maldives Culture & Food Festival, taking place at Central Park,...
Government Expenditure Reaches MVR 48 Billion Amidst Fiscal Pressures
The government has spent a total of MVR 48.3 billion for state expenditure and loan repayments so far this year, according to...
Tourist Yacht Cleared to Enter Maldives via ISPS Gate in Ihavandhippolhu
A tourist yacht has been cleared to enter the Maldives via the ISPS gate in Ihavandhippolhu Atoll, the northernmost region, as confirmed...
Male’ and Villimale’ Roads Set for Comprehensive Overhaul with Assistance from China
The Ministry of Construction, Housing, and Infrastructure has unveiled plans to upgrade Male's roads, addressing long-standing infrastructure issues, including poor road conditions...
November 2024 GST, Green Tax, and Airport Tax Returns and Payments Due Today
The Maldives Inland Revenue Authority (MIRA) has issued a final reminder to all taxpayers that today, 29th December 2024, is the last...
Tourism Growth Strategy: Maldives Sets Ambitious 15% Target for 2025
The Maldives has set an ambitious target to increase tourist arrivals by 15% in 2025, focusing on boosting occupancy rates and leveraging...
Maldives Sees 14% Rise in Jet Fuel Sales as Aviation Growth Continues
Jet fuel sales in the Maldives saw a notable increase in the third quarter of this year, with revenue rising by 14%...
URA Begins Issuing Permanent Licences for Public Utility Services
The Utility Regulation Authority (URA) has commenced the issuance of permanent licences to operate public utility services in the Maldives, marking the...
Dhiraagu Unveils 2025 Calendar: ‘Minivankan Mathee Abadhah’
Dhiraagu has unveiled the company’s 2025 calendar, ‘Minivankan Mathee Abadhah’, on National Unity Day.
The new year’s calendar was...
Maldives Trade Struggles as Fish Exports and Fuel Imports Plummet
Revenue from import-export activities in the Maldives reached approximately USD 16.1 million in November 2024, according to the Maldives Customs Service (MCS).
Ooredoo Nation to Host The Ultimate Gaming Festival Featuring a Total Prize Pool of...
Ooredoo Nation has announced The Ultimate Gaming Festival 2024, the most anticipated gaming event of the year, now set to take place...
Dhiraagu Partners with Villa College for ‘VIgnite’ Business Incubator Programme
Dhiraagu has partnered with Villa College to support the launch of the Maldives’ first business incubator programme for students, ‘VIgnite’. The initiative,...
Maldives Breaks Tourism Record, Reaches 2 Millionth Arrival in 2024
The Maldives has a new record in the tourism industry with the arrival of the two millionth tourist of 2024. Astrid Dirnegger,...
President Reshuffles Cabinet and Merges Ministerial Portfolios
President Dr Mohamed Muizzu has made adjustments to his ministerial cabinet, merging several portfolios and appointing ministers to key positions. The reshuffle...
ADFD Provides Additional USD 40 Million for Velana International Airport Development
The Abu Dhabi Fund for Development has extended a USD 40 million (MVR 616 million) loan to the Maldives to support the...
Maldives Reflects on 2004 Tsunami: Rebuilding and Preparing for the Future
On 26 December 2004, the Indian Ocean tsunami, triggered by a massive undersea earthquake near Sumatra, swept across multiple countries, leaving devastation...
Police Seize Electronic Devices in Expanding HDC Land Scandal Inquiry
The Housing Development Corporation (HDC) land allocation scandal has taken new turns as investigations by the Maldives Police Service and the Anti-Corruption...
Maldives Inflation Rises to 1.3% in Q3 2024 as Electricity and Food Costs Increase
The Maldives saw its annual inflation rate accelerate to 1.3% during the third quarter of 2024, compared to just 0.3% in the...
Trans Maldivian Airways Transfers Over 5,500 Passengers in a Single Day
Trans Maldivian Airways (TMA) has marked the festive season with an impressive achievement, transferring over 5,500 passengers in a single day. This...
Ooredoo Maldives Unveils Exclusive New Year Offers
Ooredoo Maldives has launched a range of special offers to celebrate the arrival of 2025, providing customers with enhanced data plans and...
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SIMDI Group Celebrates 24 Years of Excellence and Growth
SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment to the Maldivian market. The milestone was...
Report: When the Enforcers Become the Entrepreneurs
The role of the police and military is simple in theory. The police enforce the law, the military safeguards national security, and...
Life Elevated by Design: The Art of Home at Bayfancy
A home is more than just a place to live—it’s a reflection of aspirations, a sanctuary for daily life, and a canvas...
Ihavandhoo Fisheries Complex to Create 150 Jobs, Strengthen Industry
The Fisheries Complex being developed in HA. Ihavandhoo is expected to generate 150 jobs and enhance the Maldivian fishing industry, according to...
Maldives and India Forge Ahead with Economic and Security Partnership
The first meeting of the High-Level Core Group (HLCG) between the Maldives and India was held in Male'. The meeting, convened to...
