33 C
Malé
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...

Maldives and AIIB discuss sustainable development and building resilience

President Dr. Mohamed Muizzu has held significant talks with the President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank...

Economic Minister predicts boom in economic activity next year

Minister of Economic Development and Trade Mohamed Saeed has predicted a boom in economic activity next year. He made the remarks during the "Transforming...

MIFCO reports 35% increase in revenue

Maldives Industrial Fisheries Company (MIFCO) has reported a revenue of USD 20.8 million from the sale of its 'Fasmeeru' products in the previous year,...

HDC launches several transformative projects for Hulhumale’

Housing Development Corporation (HDC) has launched several projects, which are bound to bring revolutionary transformations to Hulhumale'. The projects were offically inaugurated by the...

38 projects completed despite budget constraints: Construction Minister

Minister of Construction and Infrastructure Dr. Abdulla Muththalib stated that the current administration has ensured the completion of 38 developmental projects, regardless of the...

MIRA receives USD112 million in October; 30.5% more than expected

Maldives Inland Revenue Authority (MIRA) has received USD 112 million in October, which is a 14.2% decrease compared to the same month the previous...

Gov’t pays outstanding bills worth USD428 million to state-owned enterprises

President Dr. Mohamed Muizzu has announced that a total of USD428 million has been paid to settle outstanding debts owed to state-owned enterprises (SOEs). When...

Standard population for urban centers is at least 10,000 people

Minister of Housing, Land and Urban Development Dr. Ali Haidar Ahmed has announced that the population for urban centres in the Maldives has been...

Fisheries minister announces concessions for mariculture industry investors

Minister of Fisheries and Ocean Resources Ahmed Shiyam has announced that proposals for mariculture, or sea farming, in the Maldives have been received from...

“State budget 2025 will prioritise the commitments of the President”

Ministry of Finance has announced that the state budget 2025 will prioritise fulfilling the commitments of President Dr. Mohamed Muizzu, with a particular focus...

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...
Advertisementspot_img