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Saturday, April 12, 2025

Business

Why are U.S. tariff hikes self-defeating?

Despite widespread criticism and high volatility in U.S. stock markets after tariff hikes, the White House clarified on Thursday that the total effective tariff...

Beijing projects fully large-scale 5G applications by 2027

Beijing will achieve large-scale 5G application and comprehensive 5G integration across industries by the end of 2027, positioning itself as a leading national benchmark...

Trump’s “reciprocal tariffs” a manifestation of Washington’s modern-day piracy

Beneath Washington's relentless trade practices lies a deeper truth: the enduring legacy of a piratical past, now institutionalized as policy and disguised in rhetoric...

Next year’s budget to be the first to follow IMF guidelines: Gov’t

Deputy Minister at the Ministry of Finance Ahmed Saeed Musthafa has stated that next year’s state budget will be the first to be prepared...

Shipment from India transported via Sea-to-Air Cargo services to Europe

Maldives Airports Company Limited (MACL) has announced that a shipment from India has been transported Germany, via Sea-to-Air Cargo services. MACL stated that the...

Aasandha Company announces changes to prioritise private insurance

The national health insurance provider, Aasandha Company Limited, has announced changes its outpatient services to prioritise private insurance schemes. The company stated that this...

BML reports USD 31.9 million as net profits for third quarter

Bank of Maldives (BML) has released its Third Quarter 2024 report, reporting USD 31.9 million as net profits, a notable 9.6% increase from the...

BML introduces ATM services in Himandhoo

Bank of Maldives (BML) has commenced ATM banking services in Himandhoo, Alif Alif Atoll. This initiative is part of the bank's broader efforts to...

Parliament approves supplementary budget of USD 332 million

The Parliament has approved the supplementary budget of USD 332 million as proposed by the government. This budget was passed with 75 votes in...

MWSC and EPA formalize agreement for Rasfari reef restoration project

The Male Water and Sewerage Company (MWSC) has entered into an agreement with the Environmental Protection Agency (EPA) to support the Rasfari reef restoration...

Over 16,000 vehicles imported last year amid traffic concerns

The Maldives Customs Service has disclosed that over 16,000 vehicles were imported to the Maldives last year. Of these, 15,551 were vehicles, including 1,347...

Ooredoo gifts equipment required to provide air ambulance services

Ooredoo Maldives has gifted special equipment required to provide air ambulance services effectively. This follows a previous donation of similar equipment when the service...

Gov’t notes RuPay card will boost Indian tourist arrivals

Gov’t notes RuPay card will boost Indian tourist arrivals The introduction of the RuPay card service in the Maldives aims to enhance the Indian tourist...

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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