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Sunday, July 27, 2025

Business

Sign-ups begin for BML Wow Kids Run 2025

Registration has opened for the 2025 BML Wow Kids Run, an annual children’s running event organised by Bank of Maldives (BML) in collaboration with...

CA Maldives Tips Auditors Forum to Shape Future of Audit Profession

The first Auditors Forum has received a better response than expected, Chartered Accountants of the Maldives (CA Maldives) President Mohamed Haleem Abdulla has said,...

Cabinet approves sale of Government stake in SME Development Finance Corporation to Bank of Maldives

The Cabinet has approved the sale of the Government's stake in the SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML). This strategic...

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...

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...

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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