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Tuesday, November 11, 2025

Business

Dhiraagu Inaugurates Third Data Centre in N. Velidhoo, Strengthening National Digital Infrastructure

Dhiraagu has officially inaugurated its third data centre in N. Velidhoo, marking a significant milestone in the company’s ongoing efforts to enhance the Maldives’...

Bank of Maldives Honoured by Mastercard for Driving Digital Transformation

Bank of Maldives (BML) has been recognised by Mastercard for its instrumental role in advancing the Maldives’ digital economy through the Digital Country Partnership...

Atlantis The Royal to Make Waves in the Maldives with Landmark Dual-Island Resort

Assets Group and Kerzner International Holdings Limited have officially announced the signing of a landmark development: Atlantis The Royal, Maldives. Set to open in...

President lauds decision on bill requiring USD 500 exchange

President Dr. Mohamed Muizzu has lauded the decision to require the exchange of USD 500 in the Foreign Currency Exchange Bill, calling it a...

President stands firm on foreign currency exchange rules

President Dr. Mohamed Muizzu has announced that the recently implemented foreign currency exchange rules will be further strengthened and incorporated into a legal framework. The...

MPL to develop 25-storey mixed-use building at port complex site

Maldives Ports Limited (MPL) has announced plans to construct a 25-storey mixed-use building on the site of the current port complex. The announcement was...

MPL CEO reveals aim for USD 6.5 million in revenue by year-end

The Chief Executive Officer (CEO) of Maldives Ports Limited (MPL), Mohamed Wajeeh Ibrahim, has announced that the company aims to reach USD 6.5 million...

Relocation of funadhoo oil storage to Thilafushi to boost capacity and stabilise prices

CEO and Managing Director of State Trading Organisation (STO), Shimad Ibrahim, has announced that relocating the oil storage facility from Funadhoo to Thilafushi will...

Aasandha to resume dispensation codes for medication

The Aasandha scheme will resume sending dispensation codes to recipients' phones when issuing medications, effective today. This updated process is designed to improve the...

RDC reforms save up to USD 1.3 million monthly

Managing Director of Road Development Corporation (RDC) Ali Zuhair has stated that the government's reform efforts has resulted in a significant reduction in...

Gov’t aims to increase fish processing capacity to 9-fold in 3 years

Minister of Fisheries and Ocean Resources Ahmed Shiyam has said that the fish processing capacity in the Maldives is set to increase more than...

“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...

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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