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Saturday, February 22, 2025

Business

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...

MIRA joins Belt and Road Tax Cooperation

The Maldives Inland Revenue Authority (MIRA) has officially joined the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM). Commissioner General of Taxation Hassan...

Road work to occur only under supervision of company technician: Fenaka

Fenaka Corporation Limited has emphasised that road development work should only proceed under the supervision of a technical employee from the company. The request...

The President visits Google Office in New York

President His Excellency Dr Mohamed Muizzu visited the Google Office in New York, where he was welcomed by Google Public Sector CEO Karen Dahut. Following...

Over 50% of vessels registered in National Fishermen’s Register

The Ministry of Fisheries and Ocean Resources has announced that more than 50% of vessels have now been registered in the National Register of...

Fenaka reduces expenditures by 60%

Fenaka Corporation Limited has announced a significant reduction in its expenditure over the past eight months, reporting a decrease of 60% compared to the...

Fisheries Ministry hands over ice plant development in two islands to MIFCO

The Ministry of Fisheries and Ocean Resources has signed an agreement with the Maldives Industrial Fisheries Company Limited (MIFCO), to hand over the establishment...

Development of three fish processing plants will begin this year: Fisheries Minster

Minister of Fisheries and Ocean Resources, Ahmed Shiyam has announced that the development of fish processing plants in three regions of the Maldives will...

MSS expands feeder service to Indonesia

Maldives State Shipping (MSS) has decided to launch its new feeder service to Indonesia, enhancing its operational reach in the region.This service will connect...

DBM’s Chairperson and CEO holds fruitful talks with the President

The Chairperson Aruni Goonetilleke and CEO Noel Gregor Paterson-Jones of the Development Bank of Maldives Limited (DBM) has held a fruitful discussion with President...

Maldives-China currency settlement discussions ongoing

Minister of Economic Development and Trade Mohamed Saeed has held discussions with the People's Bank of China to explore ways to facilitate trade using...

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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