Business

President Muizzu Launches Financing Facility for Young Entrepreneurs

President Dr Mohamed Muizzu has launched the Youth Entrepreneurship Financing Facility, a scheme designed to help young Maldivians secure the capital needed to start...

President Muizzu’s Vision Delivers PayPal to Maldives, Unlocking a New Era of Opportunity

The arrival of PayPal in the Maldives stands as a landmark achievement of President Dr. Mohamed Muizzu's leadership, with a global financial giant placing...

President Muizzu: PayPal Launch Clears the Way for Maldivians to Compete Worldwide

President Dr. Mohamed Muizzu has urged Maldivian creators and innovators to seize a newly opened path to establish themselves in international markets, following the...

Economic Minister Says President’s Efforts Driving Maldivian Fish Exports as Ensis Pvt Ltd Signs China Deal

The Minister of Economic Development and Trade Mohamed Saeed has stated President Dr Mohamed Muizzu’s efforts to promote Maldivian products in the international market...

Panama pulls out of China’s Belt and Road Initiative: President Mulino

Panama formally pulled out of China's massive Belt and Road infrastructure programme, following pressure from the United States to reduce Beijing's influence on the...

EU slams ‘unjustified’ Trump tariffs, vows tough response

European Union chief Ursula von der Leyen has vowed that US tariffs on steel and aluminium “will not go unanswered,” adding that they will...

World Bank to loan Pakistan $20B for economic and climate goals

Pakistan's Prime Minister Shehbaz Sharif stated the funds will address child nutrition, clean energy, and education. The World Bank plans to loan cash-strapped Pakistan $20...

US top court upholds law banning TikTok if not sold by ByteDance

In a unanimous decision, the court backed a bipartisan law citing national security risks tied to TikTok's Chinese ownership, leaving its future uncertain as...

Maldivian Boosts Domestic Flight Schedule for School Holidays

Maldivian, the national carrier, has announced an expansion of its scheduled domestic flights in preparation for the upcoming school holiday period. Over the next...

MWSC Completes Water and Sewerage Project in Olhuvelifushi

Male’ Water and Sewerage Company (MWSC) has completed the water and sewerage project in Olhuvelifushi, Lhaviyani Atoll, the State owned utility company said Monday. In...

Tourist Arrivals Hit 1.9 Million in 2024, Up 8.9% from Same Period Last Year

The Maldives has welcomed over 1.9 million visitors so far this year, the Ministry of Tourism revealed. As of 14 December, the total number...

President Dr Muizzu Reaffirms Commitment to Transform Mahibadhoo into Urban Centre

President Dr Mohamed Muizzu has reiterated his administration’s pledge to transform Mahibadhoo, Alifu Dhaalu Atoll, into an urban centre, including the reclamation and development...

Parliament Greenlights Forex Bill to Tackle Foreign Currency Shortage

Parliament on Thursday adopted the government-proposed Foreign Currency Bill (Forex Bill) designed to mitigate the ongoing foreign currency shortage in the country. The bill,...

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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