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...

Statistics Bureau commences information collection on the job market

Maldives Bureau of Statistics has commenced an initiative, to collect information pertaining to the job market. As such, it has begun to conduct the...

Customs symposium vital to expedite goods clearance: Shareef

Managing Director of Maldives Airports Company Limited (MACL) Ibrahim Shareef Mohamed has emphasised the crucial role of the ongoing symposium organised by Maldives Customs...

DBM will facilitate financing for development projects: Minister Saeed

Minister of Economic Development and Trade, Mohamed Saeed, has announced that the Development Bank of Maldives (DBM) will serve as a key partner in...

Gov’t notes RuPay card will boost Indian tourist arrivals

Gov’t notes RuPay card will boost Indian tourist arrivals The introduction of the RuPay card service in the Maldives aims to enhance the Indian tourist...

MMA issues licence for the Development Bank of Maldives

Maldives Monetary Authority (MMA) has issued the licence required for the Development Bank of Maldives Limited (DBM). President Dr. Mohamed Muizzu announced the formation...

Government pays USD 25 million for sukuk repayment

Ministry of Finance has disclosed that the government has made a payment of USD 49.4 million towards securities due in the International Debt Capital...

MPL’s sea-to-air service connects with Emirates

Maldives Ports Limited's (MPL) sea-to-air cargo services have connected with Emirates Airlines.Sea-to-air cargo services were introduced by MPL in collaboration with Maldives State Shipping...

The first vessel docks for Uthuru Maritime Service

The inaugural vessel to utilise the Uthuru Maritime Service (UMS) docked with the oil tanker "JIAN JIE" on October 3. The Panamanian ship en...

Maldives and Indonesia discuss strengthening trade and economic ties

Maldives and Indonesia have held extensive discussions, aiming to strengthen trade and economic ties. The discussions were held between the Ambassador of Indonesia to...

New VIA terminal expected to boost tourism: Tourism Minister

Minister of Tourism Ibrahim Faisal has announced that the new terminal at Velana International Airport (VIA) will be inaugurated by December this year, marking...

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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