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Thursday, September 11, 2025

Business

Alibaba to Host E-Commerce Workshop for Maldivians

Global e-commerce leader Alibaba will host an online workshop for Maldivian entrepreneurs and e-commerce enthusiasts on 16 November, in collaboration with the Ministry of Economic Development...

Apple Launches iPhone 17, iPhone Air and Apple Watch Ultra 3

Apple has announced its latest range of devices, including the iPhone 17, the new iPhone Air, AirPods Pro 3 and updated Apple Watch models,...

Fiscal Stability Strengthened by Tourism and Spending Discipline

The Maldives recorded a fiscal surplus of MVR 534.6 million as of 28 August 2025, according to the Ministry of Finance’s latest Weekly Fiscal...

President stands firm on foreign currency exchange rules

President Dr. Mohamed Muizzu has announced that the recently implemented foreign currency exchange rules will be further strengthened and incorporated into a legal framework. The...

MPL to develop 25-storey mixed-use building at port complex site

Maldives Ports Limited (MPL) has announced plans to construct a 25-storey mixed-use building on the site of the current port complex. The announcement was...

MPL CEO reveals aim for USD 6.5 million in revenue by year-end

The Chief Executive Officer (CEO) of Maldives Ports Limited (MPL), Mohamed Wajeeh Ibrahim, has announced that the company aims to reach USD 6.5 million...

Relocation of funadhoo oil storage to Thilafushi to boost capacity and stabilise prices

CEO and Managing Director of State Trading Organisation (STO), Shimad Ibrahim, has announced that relocating the oil storage facility from Funadhoo to Thilafushi will...

Aasandha to resume dispensation codes for medication

The Aasandha scheme will resume sending dispensation codes to recipients' phones when issuing medications, effective today. This updated process is designed to improve the...

RDC reforms save up to USD 1.3 million monthly

Managing Director of Road Development Corporation (RDC) Ali Zuhair has stated that the government's reform efforts has resulted in a significant reduction in...

Gov’t aims to increase fish processing capacity to 9-fold in 3 years

Minister of Fisheries and Ocean Resources Ahmed Shiyam has said that the fish processing capacity in the Maldives is set to increase more than...

“Airport Economic Zone Tower will be a pride for Maldivians”

Minister of Economic Development and Trade Mohamed Saeed has affirmed that the tower being developed in the Airport Economic Zone will be a landmark...

SDFC issues “Fashaa Madhadhu” loans to 60 women entrepreneurs

SME Development Finance Corporation (SDFC) has announced that it has issued loans to 60 women entrepreneurs, under the "Fashaa Madhadhu" loan scheme. The loan...

FDC decides to lease 32 tower commercial units being developed in Hulhumale’

Fahi Dhiriulhun Corporation (FDC) has announced plans to lease 32 tower commercial units being developed in Hulhumale' Phase II. Addressing the media, FDC stated...

MOST READ

Maldives Sees Rise in Resort, Safari Occupancy

Statistics have shown that resort occupancy rates increased in...

Maritime, Aviation Development Key to Tourism Growth, says MACL Chief

The growth of the tourism sector is dependent on...

Minister Urges More Oversight from Four Pillars of Gov’t, People to Strengthen Decentralised Governance

The Minister of Cities, Local Government and Public Works,...

2025 to be a year of development project launches and economic recovery: The President

President Dr Mohamed Muizzu has stated that 2025 will...

Maldives Sends Condolences to Vanuatu Following Devastating Earthquake

Minister of Foreign Affairs Dr Abdulla Khaleel has sent...
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