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,...
The administration of President Dr Mohamed Muizzu has successfully secured all necessary funding to advance its plans for the fishery sector, Minister of Fisheries...
Minister of Tourism Ibrahim Faisal has announced that the Maldives' tourist arrival numbers have surpassed the previous year's arrival figures.
In 2023, the island nation...
President Dr Mohamed Muizzu on Sunday extended the government’s full support to local councils in implementing economic ventures.
The President made the pledge during his...
President Dr Mohamed Muizzu on Sunday, expressed his wish to hand the reins of the country’s fisheries industry over to local fishermen.
Addressing the residents...
The government plans to enhance banking services with the installation of a U.S. dollar ATM in Thoddoo, Alifu Alifu Atoll, President Dr Mohamed Muizzu...
Housing Development corporation (HDC) has announced plans to resume the development of the water theme park in Hulhumale'.
Speaking at the parliament's Public Accounts...
Ministry of finance has reported progress in state revenue, compared to last year. The weekly fiscal report indicates that the state received USD2 billion...
