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...
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...
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...
Report: The High Cost of Corruption in the Maldives
It is widely known that the Maldives suffers from a significant problem with corruption, with no agency responsible for taking action against...
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...
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...
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...
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
A Nation Holding Back Half its Talent
The Maldives may be renowned for its pristine beaches and luxurious resorts, but a troubling reality lurks beneath the surface: a severe...
STELCO to Reduce Electricity Bill
State Electric Company Limited (STELCO) has announced the implementation of reductions in electricity bills, addressing concerns raised by consumers, in line with...
Maldives and UAE Explore Project Funding Through Abu Dhabi Fund
Representatives of the Maldives and the United Arab Emirates (UAE) have engaged in discussions to explore potential funding for multiple development projects...
Gov’t Partners with ICD to Boost Development and Investment
The government has strengthened its economic ties with the Islamic Corporation for the Development of the Private Sector (ICD) by signing two...
Economic Ministry Teams Up with MIB for Streamlined Business Verification
The Economic Ministry has entered into an agreement with Maldives Islamic Bank (MIB) aimed at enhancing the efficiency of the business registration...
