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Sunday, February 23, 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...

Finance minister highlights risks of insufficient budget allocations

Minister of Finance Moosa Zameer has voiced concerns that inadequate financial allocations for development projects could lead to significant delays and hinder long-term progress....

President inaugurates Maldives Development Bank

President Dr Mohamed Muizzu has inaugurated the "Maldives Development Bank," which will provide funding for development projects. The first-ever investment bank in the country has...

President upholds commitment to Foreign Exchange Regulation amendments

President Dr Mohamed Muizzu has reiterated his commitment to maintaining the amendments to the Foreign Exchange Regulations. He made these remarks during a function...

President highlights economic growth as key achievement of first year in office

President Dr. Mohamed Muizzu has stated that the government’s most significant achievement in its first year is growing the economy without leading the country...

MTCC awarded to reclaim land for Guraidhoo Airport Development

The Maldives Transport and Contracting Company (MTCC) has been awarded the contract to reclaim the land required for the development of an airport in...

“Development bank will drive Maldives towards becoming a developed nation”

The CEO of the Development Bank of Maldives (DBM), Noel Gregor Paterson-Jones, has stated that the DBM will play a crucial role in the...

Gov’t achieves unprecedented economic strengthening in one year

The Minister of Economic Development and Trade Mohamed Saeed has stated that the current government has worked to strengthen the economy in ways unparalleled...

Governor underscores need for enhanced system to identify eligible subsidy recipients

Governor of Maldives Monetary Authority (MMA) Ahmed Munawwar has underscored the critical need for an improved system to better identify individuals most in need...

President invites Azerbaijan to increase investments in Maldives

President Dr. Mohamed Muizzu has invited Azerbaijan to increase investments to the Maldives. He extended this invitation during a meeeting held with the President...

Bunkering services generates USD1.5 million as revenue: Minister Saeed

Minister of Economic Development and Trade Mohamed Saeed has stated that the recently inaugurated international bunkering services have led to the generation of USD1.5...

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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