Economy

Rufiyaa Slides Past MVR 21 as Reserves Fall and Debt Bills Come Due

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The black market price of a US dollar in the Maldives climbed above MVR 21 this week for the first time on record. The...
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MIRA Revenue Slips in May Even as Tourist Arrivals Recover, Exposing a Widening Gap Between Visitor Numbers and Tax Income

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The Maldives Inland Revenue Authority collected 2.05 billion rufiyaa in May 2026, a figure that came in slightly below official projections and marked a...
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President Dr Mohamed Muizzu Opens Maldives Financial Expo 2026 in Hulhumalé

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President Dr Mohamed Muizzu inaugurated the Maldives Financial Expo 2026 on Thursday morning at Central Park in Hulhumalé, opening what organisers describe as the...
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March slowdown points to tourism hit as Gulf air disruption reaches the Maldives

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The Maldives entered March with strong tourism momentum, but the first nine days of the month now point to a clear slowdown as war-related...

Maldives Fuel Prices Surge Amid Middle East Tensions

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Fuel prices at outlets run by Fuel Supply Maldives have been increased starting 05 March 2026, a move analysts link to turbulence in global...

U.S. sub sinks Iranian warship off Sri Lanka, at least 80 dead

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An Iranian naval vessel has sunk in international waters off Sri Lanka’s southern coast after what U.S. and Sri Lankan officials described as an...

Hormuz disruption drives carrier surcharges, SIDS brace for import shock

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The Strait of Hormuz, the narrow maritime chokepoint linking the Arabian Gulf to the Gulf of Oman, is sliding into a de facto closure...
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Travel & Tourism

Maldives Sees Rise in Resort, Safari Occupancy

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Statistics have shown that resort occupancy rates increased in...
Travel & Tourism

Maritime, Aviation Development Key to Tourism Growth, says MACL Chief

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The growth of the tourism sector is dependent on...
Local

Minister Urges More Oversight from Four Pillars of Gov’t, People to Strengthen Decentralised Governance

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The Minister of Cities, Local Government and Public Works,...
News

2025 to be a year of development project launches and economic recovery: The President

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President Dr Mohamed Muizzu has stated that 2025 will...
Local

Maldives Sends Condolences to Vanuatu Following Devastating Earthquake

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Minister of Foreign Affairs Dr Abdulla Khaleel has sent...
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