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,...
Governor of the Maldives Monetary Authority (MMA) Ahmed Munawwar has reaffirmed that there will be no changes to the current rules regarding the exchange...
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...
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...
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...
CEO and Managing Director of State Trading Organisation (STO), Shimad Ibrahim, has announced that relocating the oil storage facility from Funadhoo to Thilafushi will...
The Aasandha scheme will resume sending dispensation codes to recipients' phones when issuing medications, effective today. This updated process is designed to improve the...
Managing Director of Road Development Corporation (RDC) Ali Zuhair has stated that the government's reform efforts has resulted in a significant reduction in...
