Local News

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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Fish exports drop by 45 percent

The Maldives’ fish exports have declined significantly. According to data from the Maldives Monetary Authority (MMA), the country exported 32,157.4…

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Pres Dr. Muizzu announces “Shaheedhunge Hiyaa” housing scheme for families of martyrs

President Dr. Mohamed Muizzu has pledged to launch a program “Shaheedhunge Hiyaa”, a housing scheme for the families of the…

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Maldives ships 96 sea-to-air cargo containers in October amid surging demand

The Maldives’ sea-to-air cargo service has shipped 96 containers of goods abroad by air in October alone. This service, designed…

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Maldives to mandate military training for youth under new National Service Program

President Dr Mohamed Muizzu has announced that the Maldives National Service Programme will be implemented every year starting in 2025…

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Customs seizes 5.9kg of drugs in airfreight shipment

The Maldives Customs Service has intercepted 5.9 kilograms of drugs being smuggled into the Maldives. The drugs were discovered during…

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Rising demand for sea-to-air cargo service

The demand for sea-to-air cargo services in the Maldives is increasing, Transport Minister Mohamed Ameen has said. Maldives Ports Limited…

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