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Wednesday, November 12, 2025

Business

Dhiraagu Inaugurates Third Data Centre in N. Velidhoo, Strengthening National Digital Infrastructure

Dhiraagu has officially inaugurated its third data centre in N. Velidhoo, marking a significant milestone in the company’s ongoing efforts to enhance the Maldives’...

Bank of Maldives Honoured by Mastercard for Driving Digital Transformation

Bank of Maldives (BML) has been recognised by Mastercard for its instrumental role in advancing the Maldives’ digital economy through the Digital Country Partnership...

Atlantis The Royal to Make Waves in the Maldives with Landmark Dual-Island Resort

Assets Group and Kerzner International Holdings Limited have officially announced the signing of a landmark development: Atlantis The Royal, Maldives. Set to open in...

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...

Ooredoo gifts equipment required to provide air ambulance services

Ooredoo Maldives has gifted special equipment required to provide air ambulance services effectively. This follows a previous donation of similar equipment when the service...

Gov’t notes RuPay card will boost Indian tourist arrivals

Gov’t notes RuPay card will boost Indian tourist arrivals The introduction of the RuPay card service in the Maldives aims to enhance the Indian tourist...

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...

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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