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 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...

“State budget 2025 will prioritise the commitments of the President”

Ministry of Finance has announced that the state budget 2025 will prioritise fulfilling the commitments of President Dr. Mohamed Muizzu, with a particular focus...

BML launches nationwide ATM expansion project

The Bank of Maldives (BML) has launched a special project aimed at expanding its ATM service nationwide to enhance financial accessibility across the country....

Next year’s budget to be the first to follow IMF guidelines: Gov’t

Deputy Minister at the Ministry of Finance Ahmed Saeed Musthafa has stated that next year’s state budget will be the first to be prepared...

Shipment from India transported via Sea-to-Air Cargo services to Europe

Maldives Airports Company Limited (MACL) has announced that a shipment from India has been transported Germany, via Sea-to-Air Cargo services. MACL stated that the...

Aasandha Company announces changes to prioritise private insurance

The national health insurance provider, Aasandha Company Limited, has announced changes its outpatient services to prioritise private insurance schemes. The company stated that this...

BML reports USD 31.9 million as net profits for third quarter

Bank of Maldives (BML) has released its Third Quarter 2024 report, reporting USD 31.9 million as net profits, a notable 9.6% increase from the...

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...

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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