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...

Development of three fish processing plants will begin this year: Fisheries Minster

Minister of Fisheries and Ocean Resources, Ahmed Shiyam has announced that the development of fish processing plants in three regions of the Maldives will...

MSS expands feeder service to Indonesia

Maldives State Shipping (MSS) has decided to launch its new feeder service to Indonesia, enhancing its operational reach in the region.This service will connect...

DBM’s Chairperson and CEO holds fruitful talks with the President

The Chairperson Aruni Goonetilleke and CEO Noel Gregor Paterson-Jones of the Development Bank of Maldives Limited (DBM) has held a fruitful discussion with President...

Maldives-China currency settlement discussions ongoing

Minister of Economic Development and Trade Mohamed Saeed has held discussions with the People's Bank of China to explore ways to facilitate trade using...

Gov’t opens opportunity to participate in Kandu Roadi Ufaa Festival

The Ministry of Fisheries and Ocean Resources has announced that registration is now open for the "Kandu Roadi Ufaa" festival, organised to celebrate World...

State records increase in revenue so far this year

The Ministry of Finance has recorded an increase in state revenue so far this year compared to last year. The Weekly Fiscal Development Report released...

BCC assists over 6,000 SMEs so far

Business Center Corporation (BCC) has released a statement commemorating its 7th anniversary, which highlighted that the corporation has assisted over 6,000 small and medium...

Efforts are underway to develop Fisheries College

Maldives National University (MNU) has announced that opportunities for students to enroll for the August intake in the Fisheries College. The initiative aims to...

Gov’t disburses USD 59 million to fishermen to date

The government has disclosed that approximately USD 59 million has been disbursed to fishermen since President Dr. Mohamed Muizzu assumed office. During a public forum...

IsDB discusses Islamic finance in Maldives

The Islamic Development Bank Institute (IsDB) has held discussions on the development and promotion of Islamic finance in the Maldives. The talks were held during...

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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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