President Muizzu Announces Infrastructure and Development Plans for Gadhdhoo and Maavarulu

During a visit to Gadhdhoo in the Gaafu Dhaalu Atoll, President Dr Mohamed Muizzu outlined several major development projects aimed at improving infrastructure, transportation, and services for residents in the region. Addressing a gathering of citizens, the President pledged to initiate land reclamation efforts to alleviate space constraints on Gadhdhoo. He emphasized that the...

Bank of Maldives Enhances Banking Convenience in Gulhi and Keyodhoo

Bank of Maldives has announced the opening of new Self Service Banking ATM Centres in Kaafu Atoll's Gulhi and Vaavu Atoll's Keyodhoo. These new centers will provide residents and businesses with 24/7 access to essential banking services, including cash withdrawals, deposits, and transfers. The expansion of these self-service centers underscores the Bank of Maldives'...

Ooredoo Maldives Sets March 5th Deadline for AGM Registration

Ooredoo Maldives has announced its Annual General Meeting (AGM) for Thursday, March 7th, 2024, at 8:30 pm. To accommodate both in-person and virtual participation, shareholders have the option to attend physically at Central Park, Hulhumale', or through the "FahiVote" platform. Due to capacity limitations, only 200 shareholders will be permitted to attend in...

Visit Maldives Invites Participation in MATTA Fair 2024

The Maldives Marketing and Public Relations Corporation (MMPRC), also known as Visit Maldives, has opened registration for participation in the MATTA Fair 2024. This event, a key travel trade fair for Malaysia and Southeast Asia, will be held from March 22nd to 24th, 2024. Visit Maldives aims to promote the Maldives as a top-tier...

PCB Targets Transparency, Accountability in State-Owned Enterprise Finances

The Privatization and Corporatization Board (PCB) has initiated a process to address financial inconsistencies within state-owned enterprises (SOEs). An internal review by the PCB revealed that many SOEs lack robust financial policies and procedures, with some companies missing essential guidelines for managing expenditures. In response, the PCB is drafting a new set of regulations...

Maldivian Expands Fleet with Two New ATR Aircraft

National carrier Maldivian has announced the purchase of two new ATR 42-600 aircraft, with delivery anticipated by the end of the year. The announcement, made during the ongoing Singapore Airshow, further expands Maldivian's reliance on the ATR brand, bringing their total ATR fleet to seven aircraft. The airline currently operates three ATR aircraft and...

Gov’t to Trade 12 Islands for USD 600 Million International Airport Project

A Memorandum of Understanding (MoU) has been signed between the Maldivian Government and Thailand's Pan Pacific Corp. for the construction of the Thinadhoo International Airport, a project estimated to cost USD 600 million. The private Thai company will undertake the project at its own expense. Representing the Maldivian Government, Dr Abdulla Muththalib, Minister of...

Master’s in Professional Accounting Now Offered at Villa College

Villa College has announced the launch of a new Master's programme in Professional Accounting, further expanding its academic offerings in the field of business and finance. The inauguration ceremony for the programme was graced by the presence of the Minister of Finance, Dr Mohamed Shafeeq, alongside Villa College’s Vice Rector, Dr Ali Najeeb. Minister...

MACL Launches “Takeoff 2024” Forum to Shape Velana International Airport’s Future

Maldives Airports Company Limited (MACL) has inaugurated its annual "Takeoff 2024" forum, a strategic initiative aimed at charting the course of the nation's primary airport, Velana International Airport (VIA). The forum is designed to align departmental goals and foster collaborative efforts to achieve MACL's ambitious vision for 2024. The two-day event, held at Crossroads...

Maldivian and JA Manafaru Partner for Seamless Air Travel to Haa Alifu Atoll

Maldivian, the national airline of the Maldives, has announced an exclusive partnership with JA Manafaru, a prestigious resort in Haa Alifu Atoll, to optimize domestic air transfer services. This collaboration prioritizes enhanced accessibility and an elevated travel experience for guests travelling from Velana International Airport. The partnership demonstrates Maldivian's commitment to providing quality travel...

Maldives Maritime Conference to Convene Global Maritime Leaders in March

Maldives Ports Limited (MPL) will host the Maldives Maritime Conference on March 6th at Paradise Island Resort. The conference aims to unite international maritime experts, stakeholders, and industry leaders for strategic discussions on sector development and contemporary challenges. Given the Maldives' status as a developing island nation, the maritime sector plays a pivotal role...

Hanimaadhoo International Airport Expands Operations with New Apron

Hanimaadhoo International Airport has inaugurated a new apron, enhancing its operational capacity. The apron was completed independently of the ongoing airport development project, which is funded by a loan from India's Exim Bank and includes a new runway and modern terminal. The Regional Airports Company Limited (RACL), which manages the airport, has shifted operations...

Maldives Customs Service Unveils Four New Digital Services

The Maldives Customs Service has launched four new online services designed to streamline operations and enhance customer experience. Commissioner of Customs, Yoosuf Maaniu Mohamed, officially introduced the services during a ceremony at the Customs Head Office in Malé City. The new digital offerings include an online case declaration system, advanced e-agency permits, online trader...

MATI Elects New Board Members During 34th Annual General Meeting

The Maldives Association of Tourism Industry (MATI) held its 34th Annual General Meeting at Kurumba Maldives yesterday, with a total of 100 members in attendance.  The day’s events began with a welcome address from the Chairman of MATI, Mr. Mohamed Umar, who also presided over the session. The agenda included an address from the...

Thailand Rejects 6% of Maldivian Skipjack Tuna Shipment, Says Minister

Fisheries Minister Ahmed Shiyam has revealed that, on average, six per cent of skipjack tuna shipments exported to Thailand have been rejected. The information came to light in response to inquiries from Central Maafannu MP Ibrahim Rasheed during a parliamentary session. Minister Shiyam acknowledged the issue and suggested that collaboration with the Maldives Industrial...

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 Lady Sajida Mohamed officially launched the logo during a ceremony at the Islamic Centre. The new logo aims to increase public confidence in the safety of home-produced food items by indicating adherence...

Maldives Updates Energy Roadmap, Prioritizing Sustainable Transition

The Maldives has taken a significant step towards its sustainable energy goals, hosting a stakeholder consultation workshop to revise its energy roadmap. This endeavour, led by the Ministry of Climate Change, Environment, and Energy in partnership with the Asian Development Bank (ADB), aligns with the nation's pledge to achieve 33% renewable energy integration by 2028, initially announced...

President Muizzu Affirms Commitment to Addu City’s Economic Development

President Dr Mohamed Muizzu met with the Addu City Council and Women's Development Committee (WDC) to discuss the region's ongoing development needs. During the meeting, the President affirmed the government's commitment to advancing Addu City, with a specific focus on stimulating economic growth. Council members outlined a range of concerns, including challenges in healthcare...

MoU Signed for Design Phase of Addu City Bridge Project

The planned bridge connecting Hithadhoo and Hulhudhoo-Meedhoo in Addu City has moved into its preliminary design and survey phase. This progress follows the signing of a Memorandum of Understanding (MoU) outlining the initial work required for the project. The signing ceremony, attended by President Dr Mohamed Muizzu, took place during his ongoing visit to...

MMA Launches School Lecture Series

The Maldives Monetary Authority (MMA) has initiated a new lecture series designed to educate students in the atolls about the nation's economy and financial sectors. The first session was held at the Fuvahmulah Atoll Education Centre, drawing an engaged audience of students. Governor Ali Hashim participated in the inaugural session, sharing his experiences and...

Maldives Welcomes Over 7,000 Tourists Daily

The Maldives is enjoying a significant resurgence in tourism, with the Ministry of Tourism reporting an average of over 7,000 tourists visiting the island nation each day. So far this year, over 326,424 tourists have arrived, representing a 16.9% increase compared to the same period last year. China remains the dominant source of tourists,...

US Development Finance Corporation Explores Investment Opportunities in the Maldives

The United States Development Finance Corporation (DFC) is engaged in discussions with the Maldivian government regarding potential investments in the country, according to Donald Lu, Assistant Secretary of State for South and Central Asian Affairs at the US Department of State. Speaking at a panel discussion at the United States Institute for Peace (USIP),...

Dhiraagu signs as the Digital Partner of the Hiyala Weekend Market

Dhiraagu has announced its partnership with the Hiyala Weekend Market as the event's exclusive Digital Partner. The market, organized by the Business Centre Corporation (BCC) in collaboration with the Ministry of Economic Development & Trade, aims to empower women entrepreneurs in the Maldives. The Hiyala Weekend Market takes place weekly on Thursdays and Fridays...

Maldives Partners with USAID on Eco-Tourism Expansion

The Ministry of Tourism has announced a plan to develop eco-tourism initiatives with the support of USAID, aiming to diversify and enhance Maldives' tourism sector. The project, outlined in the government's first 14-week roadmap, will focus on promoting environmentally responsible tourism practices and experiences. Eco-tourism focuses on travel to natural areas that prioritize conservation,...

LATEST ARTICLES

President Muizzu Announces Infrastructure and Development Plans for Gadhdhoo and Maavarulu

During a visit to Gadhdhoo in the Gaafu Dhaalu Atoll, President Dr Mohamed Muizzu outlined several major development projects aimed at improving...

Bank of Maldives Enhances Banking Convenience in Gulhi and Keyodhoo

Bank of Maldives has announced the opening of new Self Service Banking ATM Centres in Kaafu Atoll's Gulhi and Vaavu Atoll's Keyodhoo....

Ooredoo Maldives Sets March 5th Deadline for AGM Registration

Ooredoo Maldives has announced its Annual General Meeting (AGM) for Thursday, March 7th, 2024, at 8:30 pm. To accommodate both in-person and...

Visit Maldives Invites Participation in MATTA Fair 2024

The Maldives Marketing and Public Relations Corporation (MMPRC), also known as Visit Maldives, has opened registration for participation in the MATTA Fair...

PCB Targets Transparency, Accountability in State-Owned Enterprise Finances

The Privatization and Corporatization Board (PCB) has initiated a process to address financial inconsistencies within state-owned enterprises (SOEs). An internal review by...
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