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Tuesday, October 21, 2025

Business

Bank of Maldives Announces Recipients of BML Scholarship Fund 2025

The Bank of Maldives (BML) has announced the recipients of the BML Scholarship Fund 2025, a prestigious, fully funded programme designed to support exceptional...

Maldives’ Official Reserves Climb to USD 976 Million

The Maldives’ official reserves have risen by six per cent, reaching USD 976 million at the end of last month, according to the Maldives...

PayPal Set to Launch Services in the Maldives Through Partnership with Ooredoo Fintech

The Maldives is on the brink of a major digital milestone, as Minister of Economic Development and Trade Mohamed Saeed confirmed that the system...

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...

Fisheries Ministry to develop lobster fishery sustainably

The Ministry of Fisheries and Ocean Resources has introduced a new plan to develop the lobster fishery in an environmentally sustainable way.The Fisheries Ministry's...

WAMCO to offer waste disposal for vessel seeking bunkering services

Waste Management Corporation Limited (WAMCO) has signed an agreement with Maldives Ports Limited (MPL) to provide waste disposal services to the vessels seeking international...

MPL’s sea-to-air service connects with Emirates

Maldives Ports Limited's (MPL) sea-to-air cargo services have connected with Emirates Airlines.Sea-to-air cargo services were introduced by MPL in collaboration with Maldives State Shipping...

New VIA terminal expected to boost tourism: Tourism Minister

Minister of Tourism Ibrahim Faisal has announced that the new terminal at Velana International Airport (VIA) will be inaugurated by December this year, marking...

Self-employed Maldivians can now register their businesses: BCC

The Business Centre Corporation (BCC) has revealed that self-employed individuals in the Maldives are now able to register through its newly opened registration system.BCC...

MIRA joins Belt and Road Tax Cooperation

The Maldives Inland Revenue Authority (MIRA) has officially joined the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM). Commissioner General of Taxation Hassan...

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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