Report: Behind the Fluctuating US Dollar in the Maldives

The Maldivian rufiyaa has recently gained ground against the US dollar, prompting Economic Minister Mohamed Saeed to call for the release of...

Report: An Island Nation’s Hunger, Can the Maldives Cultivate Food Security in a Sea...

Nestled amidst turquoise waters, the Maldives archipelago evokes images of paradise. Yet, beneath the idyllic surface lies a vulnerability - a dependence...

Report: MTCC Expansion, a Double-Edged Sword for the Maldives’ Economy

The proposed expansion of the Maldives Transport and Contracting Company (MTCC) reveals a complex tension within the nation's economy. The state-owned enterprise,...

Report: Maldives’ Subsidy System, A Lifeline for the People or a Boon for the...

The Maldives' economy relies heavily on state subsidies to ease the cost of living for its citizens. From healthcare and electricity to...

LATEST ARTICLES

Dusit Hotels and Resorts to Open All-Inclusive Resort in Maldives’ by Year-End

Thailand-based Dusit Hotels and Resorts has announced a new venture in the Maldives, signing an agreement with Pearl Atoll Pvt Ltd to...

Workshops, New Ferry Terminal Planned for Industrial Village

Male City Mayor Adam Azim has announced plans for a significant overhaul of the Industrial Village, including the introduction of workshops, a...

MMA Data Reveals Maldives’ Two-Month Import Cover

According to the latest data from the Maldives Monetary Authority (MMA), the country's total reserves amount to USD 542 million as of...

Hassan Zareer Approved as Commissioner General of Taxation

On Tuesday, the Parliament's Committee on Economic Affairs granted approval for the appointment of former Deputy Commissioner General of Taxation, Hassan Zareer,...

Six Plots in Maafushi Fetch MVR 24.6 Million

Six land plots from the recently reclaimed area in Maafushi have been sold for a whopping MVR 24.6 million (approximately USD 1.6...
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