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Thursday, September 11, 2025

Business

Apple Launches iPhone 17, iPhone Air and Apple Watch Ultra 3

Apple has announced its latest range of devices, including the iPhone 17, the new iPhone Air, AirPods Pro 3 and updated Apple Watch models,...

Fiscal Stability Strengthened by Tourism and Spending Discipline

The Maldives recorded a fiscal surplus of MVR 534.6 million as of 28 August 2025, according to the Ministry of Finance’s latest Weekly Fiscal...

Shangri-La Enters a New Era with Kuok Hui Kwong at the Helm

A new chapter has begun for Shangri-La, the hotel group that helped define the idea of “Asian luxury.” The brand has announced Kuok Hui...

BML introduces ATM services in Himandhoo

Bank of Maldives (BML) has commenced ATM banking services in Himandhoo, Alif Alif Atoll. This initiative is part of the bank's broader efforts to...

Parliament approves supplementary budget of USD 332 million

The Parliament has approved the supplementary budget of USD 332 million as proposed by the government. This budget was passed with 75 votes in...

MWSC and EPA formalize agreement for Rasfari reef restoration project

The Male Water and Sewerage Company (MWSC) has entered into an agreement with the Environmental Protection Agency (EPA) to support the Rasfari reef restoration...

Over 16,000 vehicles imported last year amid traffic concerns

The Maldives Customs Service has disclosed that over 16,000 vehicles were imported to the Maldives last year. Of these, 15,551 were vehicles, including 1,347...

Ooredoo gifts equipment required to provide air ambulance services

Ooredoo Maldives has gifted special equipment required to provide air ambulance services effectively. This follows a previous donation of similar equipment when the service...

Gov’t notes RuPay card will boost Indian tourist arrivals

Gov’t notes RuPay card will boost Indian tourist arrivals The introduction of the RuPay card service in the Maldives aims to enhance the Indian tourist...

STELCO to establish a 150MW power plant

State Electric Company Limited (STELCO) has signed a Memorandum of Understanding (MoU) with a Chinese company, TBEA Group Company Limited to conduct preliminary studies...

Committee approves USD 7 million budget for Auditor General’s Office

The Parliament's Budget Committee has approved a budget of USD 7.39 million for the Auditor General's Office (AGO) for the upcoming year. The Constitution...

MMA issues licence for the Development Bank of Maldives

Maldives Monetary Authority (MMA) has issued the licence required for the Development Bank of Maldives Limited (DBM). President Dr. Mohamed Muizzu announced the formation...

MIRA notes progress in efforts to recover outstanding debts

Commissioner General of Taxation Hassan Zareer has said positive progress in the Maldives Inland Revenue Authority's (MIRA) efforts to recover outstanding debts. Speaking to PSM...

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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