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...

Economic Ministry signs ATM expansion agreement with MIB

The Ministry of Economic Development and Trade has signed an agreement with the Maldives Islamic Bank (MIB) to install ATMs across 19 islands in...

Economic Minister highlights positive economic progress

Minister of Economic Development and Trade Mohamed Saeed has expressed confidence that the government’s efforts to stabilise and revitalise the economy are beginning to...

Wide-body aircraft will commence operations this year as per schedule: Minister Ameen

Minister of Transport and Civil Aviation Mohamed Ameen has affirmed the Airbus A330-200 wide-body aircraft will be brought to the Maldives, and commence operations...

President ratifies the amendments to the Goods and Services Tax Act

President Dr Mohamed Muizzu has ratified the seventh Amendment to the Goods and Services Tax Act of the Maldives. The amendment was approved by...

Gov’t to introduce measures to keep jet handling revenue domestic

Minister of Transport and Civil Aviation, Mohamed Ameen, has announced that the government will implement measures to ensure the revenue from the jet handling...

Shipment from India transported via Sea-to-Air Cargo services to Europe

Maldives Airports Company Limited (MACL) has announced that a shipment from India has been transported Germany, via Sea-to-Air Cargo services. MACL stated that the...

BML reports USD 31.9 million as net profits for third quarter

Bank of Maldives (BML) has released its Third Quarter 2024 report, reporting USD 31.9 million as net profits, a notable 9.6% increase from the...

President ratifies the amendment proposed to the Export-Import Act

President Dr. Mohamed Muizzu has ratified the 19th Amendment of the Export-Import Act of the Maldives. The amendment was approved by the Parliament on...

BML introduces ATM services in Himandhoo

Bank of Maldives (BML) has commenced ATM banking services in Himandhoo, Alif Alif Atoll. This initiative is part of the bank's broader efforts to...

Parliament approves amendments to increase duties on tobacco products

The Parliament has officially approved the amendments to the Export Import Act, proposed by Parliamentarian Ibrahim Mohamed, on behalf of the Government. The primary...

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...
Advertisementspot_img