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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...

“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...

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...

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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