Fitch Ratings raised the Maldives' long-term foreign-currency credit rating to 'CCC-' from 'CC' on Wednesday, signaling that the threat of an imminent default has...
Development work on the tourist resort of Naagoashi in the Haa Dhaalu Atoll is advancing rapidly, Ahmed Niyaz, the Managing Director of the Maldives...
Maldives Foreign Minister Iruthisham Adam has signalled a firm push to conclude a long-anticipated Free Trade Agreement with India before the close of 2026,...
Maldivian, the national carrier, has announced an expansion of its scheduled domestic flights in preparation for the upcoming school holiday period. Over the next...
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...
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 on Thursday adopted the government-proposed Foreign Currency Bill (Forex Bill) designed to mitigate the ongoing foreign currency shortage in the country. The bill,...
The Public Accounts Committee of the Parliament has endorsed the government-proposed Foreign Currency Bill (Forex Bill), which aims to mitigate the foreign currency shortage...
The development of harbours across five regions, equipped specifically for sports fishing, including the necessary equipment, will significantly boost tourist arrivals and benefit the...
The state collected US$122.57 million in November 2024, a 13.2 percent increase compared to the same period in 2023, Maldives Inland Revenue Authority (MIRA)...
The new fishermen membership register will encourage more young people to seek a career in fisheries, Minister of Fisheries and Ocean Resources Ahmed Shiyam...
The Ministry of Fisheries and Ocean Resources has announced the opening of scholarship applications for studies in the fields of fishery and natural resources....
