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Tuesday, December 16, 2025

Business

Moody’s Changes Maldives’ Outlook to Stable – Maintains Rating

Moody's has maintained the Maldives’ ratings at Caa2 and changed the outlook from negative to stable. The change to a stable outlook, according to...

Dar Global and The Trump Organization Announce Landmark Hospitality Project in the Maldives

Dar Global, the London-listed luxury real estate developer, and The Trump Organization have announced two historic milestones that are set to transform the global...

Google Unveils ‘Dhivaru’ Subsea Cable and New Connectivity Hubs in Major Boost for Indian Ocean Digital Links

Google has announced a significant expansion of its global digital infrastructure with the launch of Dhivaru, a new trans-Indian Ocean subsea cable system set...

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...

US top court upholds law banning TikTok if not sold by ByteDance

In a unanimous decision, the court backed a bipartisan law citing national security risks tied to TikTok's Chinese ownership, leaving its future uncertain as...

Maldivian Boosts Domestic Flight Schedule for School Holidays

Maldivian, the national carrier, has announced an expansion of its scheduled domestic flights in preparation for the upcoming school holiday period. Over the next...

MWSC Completes Water and Sewerage Project in Olhuvelifushi

Male’ Water and Sewerage Company (MWSC) has completed the water and sewerage project in Olhuvelifushi, Lhaviyani Atoll, the State owned utility company said Monday. In...

Tourist Arrivals Hit 1.9 Million in 2024, Up 8.9% from Same Period Last Year

The Maldives has welcomed over 1.9 million visitors so far this year, the Ministry of Tourism revealed. As of 14 December, the total number...

President Dr Muizzu Reaffirms Commitment to Transform Mahibadhoo into Urban Centre

President Dr Mohamed Muizzu has reiterated his administration’s pledge to transform Mahibadhoo, Alifu Dhaalu Atoll, into an urban centre, including the reclamation and development...

Parliament Greenlights Forex Bill to Tackle Foreign Currency Shortage

Parliament on Thursday adopted the government-proposed Foreign Currency Bill (Forex Bill) designed to mitigate the ongoing foreign currency shortage in the country. The bill,...

Government’s Forex Bill Clears Committee Stage

The Public Accounts Committee of the Parliament has endorsed the government-proposed Foreign Currency Bill (Forex Bill), which aims to mitigate the foreign currency shortage...

New Sports Fishing Harbours Will Help Boost Tourism, Says Minister Shiyam

The development of harbours across five regions, equipped specifically for sports fishing, including the necessary equipment, will significantly boost tourist arrivals and benefit the...

Maldives Revenue Surpasses US$122 Million in November, MIRA Reports

The state collected US$122.57 million in November 2024, a 13.2 percent increase compared to the same period in 2023, Maldives Inland Revenue Authority (MIRA)...

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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