Economy

FDC decides to lease 32 tower commercial units being developed in Hulhumale’

Fahi Dhiriulhun Corporation (FDC) has announced plans to lease 32 tower commercial units being developed in Hulhumale' Phase II. Addressing the media, FDC stated...

Vice President emphasises importance of small firms in the economy

Vice President Hussain Mohamed Latheef has emphasised the critical role of small and medium enterprises (SMEs) in the economy, describing them as the backbone...

Gov’t announces plans to make Maldives a hub for Islamic finance

Minister of Finance Moosa Zameer has announced that the government is working towards making Maldives a regional hub for Islamic finance. In an exclusive...

World Cargo Airlines joins MPL’s sea-to-air cargo services

World Cargo Airlines, a Malaysian airline, has joined the sea-to-air cargo services offered by Maldives Ports Limited (MPL). The Sea-to-Air cargo service facilitates the transport...

WAMCO aims to boost revenue by enrolling 8,000 businesses in waste collection services

The Managing Director of Waste Management Corporation (WAMCO), Mujuthaba Jaleel, has outlined the company’s objective to increase its revenue by enrolling 8,000 businesses in...

Maldives Gas launches USD 4.5 million project to boost cooking gas storage capacity

Maldives Gas Pvt Ltd has initiated a project valued at USD 4.5 million to expand the storage capacity for cooking gas in the Maldives....

STELCO projects USD 7.78 million profit by year-end

The Managing Director of State Electric Company Limited (STELCO) Ahmed Fahmy has expressed optimism that the company will achieve a profit of USD 7.78...

Sea-to-air service expansion boosts economy

The Chief Executive Officer (CEO) of Maldives Ports Limited (MPL) Mohamed Wajeeh Ibrahim has announced that the sea-to-air cargo service launched earlier this year...

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 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...

“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...

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...

MOST READ

Ooredoo gifts equipment required to provide air ambulance services

Ooredoo Maldives has gifted special equipment required to provide...

MSS expands feeder service to Indonesia

Maldives State Shipping (MSS) has decided to launch its...

DBM’s Chairperson and CEO holds fruitful talks with the President

The Chairperson Aruni Goonetilleke and CEO Noel Gregor Paterson-Jones...

Health Minister attends Asia Pacific Regional Forum on Health and Environment

Minister of Health Dr. Abdulla Khaleel has participated in...

Education Minister urges being committed and to act with integrity

Minister of Education Dr. Ismail Shafeeu has advised the...
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