Business

Floating solar is here. What other PV options could power the Maldives?

Last week brought a milestone Maldivian energy planners have been working toward for years. Swimsol, the Austria-based marine solar specialist, switched on a 2.4...

Qatar Airways Resumes Flights to Maldives After Middle East Suspension

The airline will operate five weekly flights between Malé and Doha, restoring a critical air corridor for tourists, cargo, and perishable imports following disruption...

Maldives Fuel Prices Surge Amid Middle East Tensions

Fuel prices at outlets run by Fuel Supply Maldives have been increased starting 05 March 2026, a move analysts link to turbulence in global...

Gov’t achieves unprecedented economic strengthening in one year

The Minister of Economic Development and Trade Mohamed Saeed has stated that the current government has worked to strengthen the economy in ways unparalleled...

Governor underscores need for enhanced system to identify eligible subsidy recipients

Governor of Maldives Monetary Authority (MMA) Ahmed Munawwar has underscored the critical need for an improved system to better identify individuals most in need...

President invites Azerbaijan to increase investments in Maldives

President Dr. Mohamed Muizzu has invited Azerbaijan to increase investments to the Maldives. He extended this invitation during a meeeting held with the President...

Bunkering services generates USD1.5 million as revenue: Minister Saeed

Minister of Economic Development and Trade Mohamed Saeed has stated that the recently inaugurated international bunkering services have led to the generation of USD1.5...

Maldives and AIIB discuss sustainable development and building resilience

President Dr. Mohamed Muizzu has held significant talks with the President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank...

Economic Minister predicts boom in economic activity next year

Minister of Economic Development and Trade Mohamed Saeed has predicted a boom in economic activity next year. He made the remarks during the "Transforming...

MIFCO reports 35% increase in revenue

Maldives Industrial Fisheries Company (MIFCO) has reported a revenue of USD 20.8 million from the sale of its 'Fasmeeru' products in the previous year,...

HDC launches several transformative projects for Hulhumale’

Housing Development Corporation (HDC) has launched several projects, which are bound to bring revolutionary transformations to Hulhumale'. The projects were offically inaugurated by the...

38 projects completed despite budget constraints: Construction Minister

Minister of Construction and Infrastructure Dr. Abdulla Muththalib stated that the current administration has ensured the completion of 38 developmental projects, regardless of the...

MIRA receives USD112 million in October; 30.5% more than expected

Maldives Inland Revenue Authority (MIRA) has received USD 112 million in October, which is a 14.2% decrease compared to the same month the previous...

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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