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 on Thursday adopted the government-proposed Foreign Currency Bill (Forex Bill) designed to mitigate the ongoing foreign currency shortage in the country. The bill,...
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...
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...
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...
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...
CEO and Managing Director of State Trading Organisation (STO), Shimad Ibrahim, has announced that relocating the oil storage facility from Funadhoo to Thilafushi will...
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 Hussain Mohamed Latheef has emphasised the critical role of small and medium enterprises (SMEs) in the economy, describing them as the backbone...
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, 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...
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...