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Tuesday, December 16, 2025

Business

Moody’s Changes Maldives’ Outlook to Stable – Maintains Rating

Moody's has maintained the Maldives’ ratings at Caa2 and changed the outlook from negative to stable. The change to a stable outlook, according to...

Dar Global and The Trump Organization Announce Landmark Hospitality Project in the Maldives

Dar Global, the London-listed luxury real estate developer, and The Trump Organization have announced two historic milestones that are set to transform the global...

Google Unveils ‘Dhivaru’ Subsea Cable and New Connectivity Hubs in Major Boost for Indian Ocean Digital Links

Google has announced a significant expansion of its global digital infrastructure with the launch of Dhivaru, a new trans-Indian Ocean subsea cable system set...

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...

Gov’t pays outstanding bills worth USD428 million to state-owned enterprises

President Dr. Mohamed Muizzu has announced that a total of USD428 million has been paid to settle outstanding debts owed to state-owned enterprises (SOEs). When...

Standard population for urban centers is at least 10,000 people

Minister of Housing, Land and Urban Development Dr. Ali Haidar Ahmed has announced that the population for urban centres in the Maldives has been...

Fisheries minister announces concessions for mariculture industry investors

Minister of Fisheries and Ocean Resources Ahmed Shiyam has announced that proposals for mariculture, or sea farming, in the Maldives have been received from...

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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