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Friday, February 21, 2025

Business

Panama pulls out of China’s Belt and Road Initiative: President Mulino

Panama formally pulled out of China's massive Belt and Road infrastructure programme, following pressure from the United States to reduce Beijing's influence on the...

EU slams ‘unjustified’ Trump tariffs, vows tough response

European Union chief Ursula von der Leyen has vowed that US tariffs on steel and aluminium “will not go unanswered,” adding that they will...

World Bank to loan Pakistan $20B for economic and climate goals

Pakistan's Prime Minister Shehbaz Sharif stated the funds will address child nutrition, clean energy, and education. The World Bank plans to loan cash-strapped Pakistan $20...

State revenue progresses, USD1.95 earned up to date

Ministry of finance has reported progress in state revenue, compared to last year. The weekly fiscal report indicates that the state received USD2 billion...

MSS and Malaysia’s ALAM sign agreement to provide employee training

Maldives State Shipping (MSS) and Malaysia's maritime academy, Akademi Laut Malaysia (ALAM) have signed an agreement to provide training for employees. The agreement was...

Bunkering services; a significant industry in the long-run

Managing Director of State Trading Organisation (STO) Shimad Ibrahim has revealed that the international bunkering services were currently in the first phase, emphasising the...

Gov’t reaffirms addressing concerns of fishermen

Minister of Fisheries and Ocean Resources Ahmed Shiyam has reaffirmed President Dr. Mohamed Muizzu's commitment to addressing the challenges and concerns of fishermen. These...

HDC recovers USD14.7 million in outstanding amounts

Managing Director of Housing Development Corporation (HDC) Fazul Rasheed has announced that the corporation has recovered USD14.7 million in outstanding payments from the facilities...

EFaas online face verification resumes with new service provider

The National Centre for Information Technology (NCIT) has resumed the online face verification service of the National Digital Identity, eFaas, after a temporary...

Professional and Career Women’s Awards presented to 27 individuals

Women in Management Maldives, a private organisation dedicated to empowering women, has presented the 2024 Professional and Career Women's Awards to 27 distinguished individuals....

MPL announces development of cruise terminals in four key locations

Maldives Ports Limited (MPL) has announced plans to develop cruise terminals at four strategic locations, in line with the company's masterplan. Speaking on a programme...

MIFCO settles all fishermen payments at Kooddoo and Addu complexes

The Maldives Industrial Fisheries Company (MIFCO) has announced that it has cleared all outstanding payments for fish purchased from fishermen at the Kooddoo Fisheries...

MMA announces foreign currency exchange spaces at new VIA terminal

Governor of the Maldives Monetary Authority (MMA), Ahmed Munawwar has announced that the new terminal at Velana International Airport will include designated spaces for...

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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