MMA has released the Monthly Economic Report for September

In October last year it was estimated by the Ministry of Finance and Treasury that the GDP of the country would be up to 6.4%...

Self-Service Transitions by BML has reached over 4 Million

Bank of Maldives (BML), the national bank of the Maldives has revealed that last year’s statistics displayed that over 4 million self-service transitions were...

STO to Reduce the Price of Petrol and Diesel

State Trading Organization Plc (STO) has reduced the price of petrol and diesel. 1-liter of diesel which was being sold for MVR 8.95 has been...

Insufficient Regulations Endanger Local Tourism Sustainability!

The development of resorts in the Maldives is governed by the government, which determines the bed capacity. The number of rooms and...

Post-Covid Resort Construction: How Has the Industry Adapted to the New Normal?

The prevalent COVID-19 pandemic has required every industry to adapt to new normal ways of work, and the construction industry has not...

2.1% Dip in Tourist Arrivals for March 2017

The Ministry of Tourism has released tourist arrival stats for March 2017, showing a slight dip in the overall numbers in comparison to 2016. The...

Delays in Ameenee Magu Project — Businesses in the Area at a Great Loss!

Ameenee Magu is one of Male' City's busiest roads because it is one of the largest. Nevertheless, inhabitants of Male have long...

Maldives’ Transportation Dilemma: Should the Government Prioritize RTL Ferries or More Airports?

Connecting rural populations in isolated areas with a reliable transportation system is crucial for the development of a country. However, the implementation...

Asian economy boomed despite a downgrade caused by India – ADB

Recent publication by the Asian Development Bank indicated a steady growth for the Asian economies despite a temporary setback caused by the Indian demonetization. It...

MTCC Announces Revenue of MVR 24.6 Million Within the Second Quarter of this Year

Maldives Transport and Contracting Company (MTCC) has announced that they have earned revenue of MVR 24.6 Million within the second quarter of this year....

Agreements Detrimental to the Government Must Be Reformed! A Call to Action for Fair...

The entrusted operation of the ferry system throughout the country was once exchanged for an island to build a resort. Yet, ferry...

Millions Spent Every Year to Rent Government Offices — Huge Waste of Taxpayer Money!

The scarcity of suitable infrastructure for state institutions poses a significant obstacle for the government. It was hoped that the construction of...

LATEST ARTICLES

Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives

Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...

Gov’t Eyes Fast-Paced Rollout of 550 Development Projects

President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...

Bayfancy Residence: Smart Living with a Personal Touch

Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...

President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January

President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...

Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...

Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...
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