Economy

President Sets Mid 2028 Target for Housing Access as Greater Malé Projects Advance

President Dr Mohamed Muizzu answers questions on housing policy at a press briefing at the President's Office in Malé on 7 September 2026.

AgroNat to Move Under MIFCO as Government Pushes Ten Citizen Owned Resorts

President Dr Mohamed Muizzu outlines economic diversification and tourism ownership plans at a press briefing at the President's Office in Malé on 7 September 2026.

GST Amendment Seeks to Tax Foreign Tourism Sales: What the Destination Principle Means for the Maldives

A guesthouse in the Maldives sells a room for the night. It charges GST, because the law requires it. A company in another country...

President Muizzu Underscores Private Sector’s Central Role in Maldives’ Economic Future

President Dr Mohamed Muizzu delivered the keynote address at the Maldives–Sri Lanka Business Forum held in Colombo today, where he highlighted the indispensable role...

Sri Lanka’s President calls Maldives a key economic partner as two nations deepen ties

Dissanayake spoke at a joint press conference in Colombo during President Muizzu's official visit to Sri Lanka, where both sides signed agreements across seven...

Muizzu calls Indian Ocean a ‘bridge’ for Maldives and Sri Lanka to share prosperity

President spoke at a state banquet in Colombo, urging closer cooperation between the two island neighbours "Together we can turn the Indian Ocean, once a...

President Muizzu arrives in Sri Lanka for State Visit

His Excellency President Dr Mohamed Muizzu and First Lady Sajidha Mohamed have arrived in Sri Lanka on a State Visit. Upon arrival at Bandaranaike International...

Maldivian Aviation Sector Under Strain: Manta Air Joins TMA in Implementing Salary Cuts as Regional Conflict Hits Tourism

Manta Air has become the latest Maldivian carrier to introduce temporary salary cuts as the country's aviation sector buckles under the weight of a...

Maldives on China’s May Fuel Export List as Beijing Eases, but keeps Hormuz-Era Curbs

Beijing has cleared half a million tons of refined fuel for export to eight Asia-Pacific countries in May, with the Maldives named on the...

Government Maps Coordinated Response to Middle East Crisis: Strategic Reserve, Stable Prices, Tourism Recovery

Cabinet Ministers delivered a joint briefing on the Government's economic crisis response, detailing progress on the national fuel storage facility, commodity price stabilisation, fisheries...

India’s Major Airlines Warn of Operational Collapse – A crisis in Indian aviation could land close to home.

Three of India's biggest airlines — Air India, IndiGo and SpiceJet — have issued a stark warning to the government in New Delhi: the...

Floating solar is here. What other PV options could power the Maldives?

Last week brought a milestone Maldivian energy planners have been working toward for years. Swimsol, the Austria-based marine solar specialist, switched on a 2.4...

From record pace to a behind-2025 finish: how the Gulf war broke the Maldives’ best year in tourism

Through February the Maldives was on track to post the strongest first quarter in its history. Two months later, after airspace closures and aircraft...

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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