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...

Bunkering services generates USD1.5 million as revenue: Minister Saeed

Minister of Economic Development and Trade Mohamed Saeed has stated that the recently inaugurated international bunkering services have led to the generation of USD1.5...

Maldives and AIIB discuss sustainable development and building resilience

President Dr. Mohamed Muizzu has held significant talks with the President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank...

Economic Minister predicts boom in economic activity next year

Minister of Economic Development and Trade Mohamed Saeed has predicted a boom in economic activity next year. He made the remarks during the "Transforming...

MIFCO reports 35% increase in revenue

Maldives Industrial Fisheries Company (MIFCO) has reported a revenue of USD 20.8 million from the sale of its 'Fasmeeru' products in the previous year,...

HDC launches several transformative projects for Hulhumale’

Housing Development Corporation (HDC) has launched several projects, which are bound to bring revolutionary transformations to Hulhumale'. The projects were offically inaugurated by the...

38 projects completed despite budget constraints: Construction Minister

Minister of Construction and Infrastructure Dr. Abdulla Muththalib stated that the current administration has ensured the completion of 38 developmental projects, regardless of the...

MIRA receives USD112 million in October; 30.5% more than expected

Maldives Inland Revenue Authority (MIRA) has received USD 112 million in October, which is a 14.2% decrease compared to the same month the previous...

Standard population for urban centers is at least 10,000 people

Minister of Housing, Land and Urban Development Dr. Ali Haidar Ahmed has announced that the population for urban centres in the Maldives has been...

BML launches nationwide ATM expansion project

The Bank of Maldives (BML) has launched a special project aimed at expanding its ATM service nationwide to enhance financial accessibility across the country....

President inaugurates fuel farm and services of the fuel hydrant system of VIA

President Dr. Mohamed Muizzu inaugurates the new fuel farm and the services of the fuel hydrant system of Velana International Airport (VIA). The inauguration...

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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