UNDP and LGA Unveil Inaugural ‘Eejaadhu’ Council Innovation Challenge in Maldives
Together with the Local Government Authority (LGA), the United Nations Development Programme (UNDP) in the Maldives has launched the first-ever 'Eejaadhu’ Council...
STO reported a net profit of MVR 47.3 million
State Trading Organisation (STO) generated a net profit of MVR 47.3million in the second quarter of this year.
In their quarterly report, STO revealed that...
EU Provides EUR 2 Million to Support Resilient Recovery of SME Tourism Industry...
The European Union has provided EUR 2 million as a grant aid for tourism sector MSMEs to recover from COVID-19 crisis, with...
New Logo Launched for Home-Based Food Producers in the Maldives
The Business Centre Corporation (BCC) has unveiled a new logo designed specifically for home-based food producers and sellers in the Maldives. First...
Maldives and Malaysia Sign Double Tax Avoidance Agreement
In a significant move to boost economic cooperation and foster cross-border investments, the Maldives and Malaysia have officially signed a Double Tax...
Agreement Signed to Build 2,000 Housing Units in Hulhumale’ Phase 2
An agreement has been signed to construct 2000 social housing units in Hulhumale' Phase 2.
It was signed last...
Maldives Partners with SEI-US to Strengthen Capacity in Climate Transparency Efforts
The Ministry of Climate Change, Environment, and Energy has signed an agreement with the Stockholm Environment Institute US (SEI-US) to conduct a...
FDI Plays Important Role in Growth of Maldivian Economy: Minister Fayyaz
To increase the foreign direct investment in the Maldives, the Ministry of Economic Development has yesterday held the ‘Maldives Investment Forum’ during...
Omer Songur Takes Helm as General Manager of Madifushi Private Island
Turkish-born Omer Songur has been appointed as the new General Manager of Madifushi Private Island. Omer is a seasoned hospitality professional with...
Foreign Minister Embarks on Official Visit to China
At the invitation of His Excellency Mr. Wang Yi, Member of the Political Bureau of the CPC Central Committee, Director of the...
IFC Investment in Bank of Maldives to Support Tourism Sector
IFC, a member of the World Bank Group, is investing up to $50 million in Bank of Maldives (BML) to provide financing...
Ooredoo Maldives Welcomes New CEO
Telecommunications service provider Ooredoo Maldives has welcomed Mr. Najib Khan as their new Chief Executive Officer.
Mr. Najib Khan is a veteran of the telecommunications...
Tourist Arrivals in July 2024 Show Significant Growth
The month of July 2024 marked a significant upturn in tourist arrivals to the Maldives, reflecting a robust recovery in the tourism...
Daily Highlights – 26th May
Here are the latest news updates of 26th May
A Man Arrested
For Rape in L. Gan
Collected revenue until end of May is MVR 1.14 billion
MIRA has collected MVR 1.14 billion as revenue in May 2016. This amount is 19.6% more than the amount collected in May 2015. Also...
Follow Lily Beach Resort & Spa on TikTok to Make Your Day!
Lily Beach Resort & Spa has become the latest to launch an official TikTok account, enabling travelers to have a glimpse into...
Daily Highlights – 01st June
Here are the
latest news updates of 01st June
45
cases have been sent to Criminal Court amid lockdown –...
President Ibrahim Mohamed Solih delivers a statement at the UN General Assembly
President Ibrahim Mohamed Solih delivered the Maldives’ General Debate Statement at the 74th Session of the United Nations General Assembly (UNGA) on...
Daily Highlights – 27th May
Here are the
latest news updates for 27th May
MIRA
Predicts Tax Revenues to Fall by 48%
Q1 2024 SOE Review: Revenue Growth Offset by Profit Decline
The Privatisation and Corporatisation Board’s Q1 2024 review of state-owned enterprises (SOEs) report shows profits have declined, while revenue and assets have...
COVID-19 Updates For 17th May
The
total number of confirmed cases in Maldives has reached 1,078, with 1,015
active cases, 59 recoveries, and 4 fatalities.
Here
are...
Urbanco to Host Independence Day Carnival in Hulhumale
The Ministry of Home Affairs and Urbanco are making the final preparations to hold a colorful carnival on the occasion of Maldives’...
Licensing Regulation for Dealing Companies and Dealers’ Representatives Now in Effect
The licensing regulation formulated for dealing companies (dealers) and dealers' representatives (brokers) has now come into effect, after being published on the...
STELCO Completes Repair Work at Guraidhoo Shelter’s Ward Under CSR
State Electric Company (STELCO) has completed repair work on the Block 5 ward at the Home for People with Special Needs in...
LATEST ARTICLES
Maldives Showcases Tourism Excellence at ATM Dubai 2025
The Maldives is making a strong statement at the Arabian Travel Market (ATM) 2025, currently underway at the Dubai World Trade...
Ooredoo Maldives Launches eSIM Services for Apple Watch
Ooredoo Maldives has announced the launch of its Apple Watch Cellular Service, offering customers the ability to stay connected directly from...
Barceló Hotel Group Expands in Maldives with Launch of Barceló Nasandhura Malé
Barceló Hotel Group has expanded its presence in the Maldives with the opening of Barceló Nasandhura Malé, the first five-star hotel...
World Bank’s ‘Taxing Times’ Report Warns of Mounting Vulnerabilities Across South Asia
The latest World Bank report, Taxing Times: South Asia Development Update (April 2025), paints a mixed outlook for the Maldives and the...
Customs Seizes Over 13 Million Cigarettes in Smuggling Operation
Maldives Customs Service has seized over 13 million cigarette sticks in a recent smuggling interception at the sea cargo terminal.
