Business

President Muizzu Launches Financing Facility for Young Entrepreneurs

President Dr Mohamed Muizzu has launched the Youth Entrepreneurship Financing Facility, a scheme designed to help young Maldivians secure the capital needed to start...

President Muizzu’s Vision Delivers PayPal to Maldives, Unlocking a New Era of Opportunity

The arrival of PayPal in the Maldives stands as a landmark achievement of President Dr. Mohamed Muizzu's leadership, with a global financial giant placing...

President Muizzu: PayPal Launch Clears the Way for Maldivians to Compete Worldwide

President Dr. Mohamed Muizzu has urged Maldivian creators and innovators to seize a newly opened path to establish themselves in international markets, following the...

President Vows to Back Local Councils in Economic Ventures

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...

Govt has no Desire to Control Fisheries Industry, Want to Empower Fishermen, President insists

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...

President Announces Installation of U.S. Dollar ATM in Thoddoo to Help Boost Local Tourism

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...

HDC announces continuation of water theme park development

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...

State revenue progresses, USD1.95 earned up to date

Ministry of finance has reported progress in state revenue, compared to last year. The weekly fiscal report indicates that the state received USD2 billion...

MSS and Malaysia’s ALAM sign agreement to provide employee training

Maldives State Shipping (MSS) and Malaysia's maritime academy, Akademi Laut Malaysia (ALAM) have signed an agreement to provide training for employees. The agreement was...

Bunkering services; a significant industry in the long-run

Managing Director of State Trading Organisation (STO) Shimad Ibrahim has revealed that the international bunkering services were currently in the first phase, emphasising the...

Gov’t reaffirms addressing concerns of fishermen

Minister of Fisheries and Ocean Resources Ahmed Shiyam has reaffirmed President Dr. Mohamed Muizzu's commitment to addressing the challenges and concerns of fishermen. These...

HDC recovers USD14.7 million in outstanding amounts

Managing Director of Housing Development Corporation (HDC) Fazul Rasheed has announced that the corporation has recovered USD14.7 million in outstanding payments from the facilities...

EFaas online face verification resumes with new service provider

The National Centre for Information Technology (NCIT) has resumed the online face verification service of the National Digital Identity, eFaas, after a temporary...

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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