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Wednesday, October 22, 2025

Business

Bank of Maldives Announces Recipients of BML Scholarship Fund 2025

The Bank of Maldives (BML) has announced the recipients of the BML Scholarship Fund 2025, a prestigious, fully funded programme designed to support exceptional...

Maldives’ Official Reserves Climb to USD 976 Million

The Maldives’ official reserves have risen by six per cent, reaching USD 976 million at the end of last month, according to the Maldives...

PayPal Set to Launch Services in the Maldives Through Partnership with Ooredoo Fintech

The Maldives is on the brink of a major digital milestone, as Minister of Economic Development and Trade Mohamed Saeed confirmed that the system...

“Airport Economic Zone Tower will be a pride for Maldivians”

Minister of Economic Development and Trade Mohamed Saeed has affirmed that the tower being developed in the Airport Economic Zone will be a landmark...

SDFC issues “Fashaa Madhadhu” loans to 60 women entrepreneurs

SME Development Finance Corporation (SDFC) has announced that it has issued loans to 60 women entrepreneurs, under the "Fashaa Madhadhu" loan scheme. The loan...

FDC decides to lease 32 tower commercial units being developed in Hulhumale’

Fahi Dhiriulhun Corporation (FDC) has announced plans to lease 32 tower commercial units being developed in Hulhumale' Phase II. Addressing the media, FDC stated...

Vice President emphasises importance of small firms in the economy

Vice President Hussain Mohamed Latheef has emphasised the critical role of small and medium enterprises (SMEs) in the economy, describing them as the backbone...

Gov’t aims to diversify fishing industry: Minister Shiyam

Minister of Fisheries and Ocean Resources Ahmed Shiyam has revealed the government's overarching goal of diversifying the fishing industry, aiming to transform it into...

Gov’t announces plans to make Maldives a hub for Islamic finance

Minister of Finance Moosa Zameer has announced that the government is working towards making Maldives a regional hub for Islamic finance. In an exclusive...

Education Minister confirms clearance of outstanding bills, USD 2.21 million remains

Minister of Education Dr. Ismail Shafeeu has stated that all but USD 2.21 million of the outstanding bills of the educational projects have been...

Parliamentary Budget Committee approves USD 3.7 bln State Budget 2025

The Parliament's Budget Committee has approved the government-proposed USD 3.7 billion for state budget 2025. The committee passed the budget without any modifications but...

World Cargo Airlines joins MPL’s sea-to-air cargo services

World Cargo Airlines, a Malaysian airline, has joined the sea-to-air cargo services offered by Maldives Ports Limited (MPL). The Sea-to-Air cargo service facilitates the transport...

Fisheries ministry initiates 25-year masterplan for industry development

The Ministry of Fisheries and Ocean Resources has begun efforts to formulate a 25-year masterplan for the fisheries industry. The ministry announced that the strategic...

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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