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Saturday, April 19, 2025

Business

International enterprises eye opportunities at China’s major trade exhibitions

In spite of intensified trade protectionism and geopolitical tensions, China's products and market are still appealing to foreign business people. A record-breaking 65 Fortune Global...

Half of Brazilians see Trump tariffs detrimental: poll

Half of Brazilians saw U.S. President Donald Trump's trade policies as detrimental to their country's economy, according to a poll released Friday. The negative perception...

Economic Watch: China-ASEAN economic, trade cooperation in fast lane

From bustling ports brimming with goods to digital arenas buzzing with new opportunities, China and the Association of Southeast Asian Nations (ASEAN) are increasingly...

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...

FDC settles outstanding USD 11.5 million payment of 4,000 housing units project

Hamdhan Shakeel, Managing Director of Fahi Dhiriulhun Corporation (FDC), has disclosed that the outstanding amount of USD 11.5 million for the construction of 4,000...

Governor asserts no change to dollar exchange rules

Governor of the Maldives Monetary Authority (MMA) Ahmed Munawwar has reaffirmed that there will be no changes to the current rules regarding the exchange...

Parliament approves USD 3.7 bln budget for 2025

The Parliament has approved a budget of USD 3.67 billion for 2025, following extensive debate and review. The budget was passed with the support...

President lauds decision on bill requiring USD 500 exchange

President Dr. Mohamed Muizzu has lauded the decision to require the exchange of USD 500 in the Foreign Currency Exchange Bill, calling it a...

President stands firm on foreign currency exchange rules

President Dr. Mohamed Muizzu has announced that the recently implemented foreign currency exchange rules will be further strengthened and incorporated into a legal framework. The...

MPL to develop 25-storey mixed-use building at port complex site

Maldives Ports Limited (MPL) has announced plans to construct a 25-storey mixed-use building on the site of the current port complex. The announcement was...

MPL CEO reveals aim for USD 6.5 million in revenue by year-end

The Chief Executive Officer (CEO) of Maldives Ports Limited (MPL), Mohamed Wajeeh Ibrahim, has announced that the company aims to reach USD 6.5 million...

Relocation of funadhoo oil storage to Thilafushi to boost capacity and stabilise prices

CEO and Managing Director of State Trading Organisation (STO), Shimad Ibrahim, has announced that relocating the oil storage facility from Funadhoo to Thilafushi will...

Aasandha to resume dispensation codes for medication

The Aasandha scheme will resume sending dispensation codes to recipients' phones when issuing medications, effective today. This updated process is designed to improve the...

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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