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Tuesday, August 19, 2025

Business

BML ATM Initiative Sees Drop in Customer Service from Branches

Bank of Maldives (BML) ATM initiative has led to a significant drop in the number of its customers seeking services from its branches, the...

Warm Welcome for BeOnd Airline’s Inaugural Flight to VIA’s New Terminal

BeOnd Airline on Saturday became the first luxury airline to dock at Velana International Airport (VIA)’s new international passenger terminal. The arrival of BeOnd Airlines...

Seaplane Operations to Begin in Kamadhoo to Boost Local Tourism

Kamadhoo is set to welcome seaplane operations for the first time, following the signing of an agreement between Maldivian and Hawks Hotels. The move...

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...

RDC reforms save up to USD 1.3 million monthly

Managing Director of Road Development Corporation (RDC) Ali Zuhair has stated that the government's reform efforts has resulted in a significant reduction in...

Gov’t aims to increase fish processing capacity to 9-fold in 3 years

Minister of Fisheries and Ocean Resources Ahmed Shiyam has said that the fish processing capacity in the Maldives is set to increase more than...

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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