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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...

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...

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...

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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