Local News

Maldives sets sights on doubling fish exports

Fisheries Minister Ahmed Shiyam has stated that the country’s fish exports can be doubled by increasing fish product output. Speaking…

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Gov’t hospitals in Male’ area to add more OTs

The number of operating theaters in government hospitals in the Male’ area will be increased to 12 before the end…

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VIA sees five percent rise in int’l flight movements

Velana International Airport (VIA) recorded a five percent increase in international flight movements from January to September this year, according…

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Contingency Budget to be utilized to maintain block grant levels for councils

The contingency budget will provide the necessary funds to maintain the block grant allocations to councils in next year’s budget,…

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Maldives increases ADF, Departure Tax for int’l travelers starting December

President Dr. Mohamed Muizzu has ratified amendments to the Airport Development Fee and Departure Tax Act to increase the Airport…

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Pres Dr. Muizzu ratifies Tourism Act amendments to increase Green Tax

President Dr. Mohamed Muizzu has ratified amendments to the Tourism Act, increasing the green tax rate levied on tourists visiting…

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Budget Committee to complete budget review by November 20

The Parliament’s Budget Committee will complete its review of the proposed budget for next year by November 20. The Finance…

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Gov’t to secure MVR 6.6bln from foreign banks for budget support

The government has planned to obtain MVR 6.6 billion for next year’s national budget from foreign commercial banks. The government…

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Maldives and Türkiye sign free trade agreement

A free trade agreement has been signed between the Maldives and Türkiye. Economic Minister Mohamed Saeed signed the agreement on…

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Proposed 2025 budget allocates MVR 14 bln for employee salaries

The government’s proposed budget for next year has earmarked MVR 14 billion for employee salaries. According to official figures, the…

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