Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results
The financial sector of the Maldives displayed continued strength and stability in the fourth quarter…
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News
Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities
The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone…
Addu City Invites Investors to Develop New City Hotel in Feydhoo
Addu City Council has opened invitations for investors to develop a 45-room city hotel in…
Ooredoo Celebrates Ramadan with Inspiring ‘Roadhaige Noor’ Campaign
Ooredoo Maldives has unveiled its Ramadan campaign, ‘Roadhaige Noor’—a special initiative designed to celebrate the…
Concerns Rise Over Maldives’ Marketing Strategy After ITB Berlin Appearance
The Maldives’ showcase at ITB Berlin 2025 has stirred unease within the tourism industry, with…
MMA Reports Increase in Foreign Currency Assets in February 2025
The Maldives Monetary Authority (MMA) has released its financial position for February 2025, highlighting notable…
Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024
The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust…
Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports
The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety…
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…
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…
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…
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…
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…
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…
Maldives Boosts Travel Links at Berlin’s ITB 2025
The Maldives is making a strong push at the ITB Berlin Fair 2025, with Minister…
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…
Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in…
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…
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…
India Discusses Collaboration with Maldives on Fisheries Development
India is engaged in discussions with the Maldives government to assist in promoting the island…
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…
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…
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…
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…