Local News

Maldives’ exports decline by 7.7 percent

The Maldives has seen a 7.7 percent decline in exports from January to the end of November this year compared…

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Moody’s confirms Maldives’ credit rating at CAA2

Global credit rating agency, Moody’s Ratings has confirmed and maintained the Maldives’ Long-Term Local and Foreign Currency Issuer Rating of…

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Gov’t to establish Economic Reform Office, seeks commissioner

The Finance Ministry has announced the establishment of an Economic Reform Office to oversee and expedite government agency reform efforts…

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MP Musthafa denies serious allegations

Macchangolhi South MP Musthafa Hussain, from the ruling Peoples’ National Congress (PNC), has strongly denied repeated allegations of gang affiliation,…

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HDC recovers MVR 226 mln in outstanding land rent

The Housing Development Corporation (HDC) has recovered MVR 226 million of the MVR 1.3 billion owed to the corporation in…

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Minister Zameer questions Hajj Corporation’s city hotel plans

Finance Minister Moosa Zameer has expressed concern over the Hajj Corporations’ plans to develop a city hotel in K. Maafushi.…

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Finance Minister clarifies pause in publishing financial data

Finance Minister Moosa Zameer has clarified that the government paused the publication of financial data due to discrepancies in recording…

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Over 1,000 tonnes exported via sea-to-air cargo service

Over 1,000 tonnes of goods have been exported from the Maldives since the launch of the sea-to-air cargo service. Launched…

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PPM Senate decides to dissolve party

The Progressive Party of Maldives (PPM)’s Senate has decided to dissolve the party. The decision was made at a Senate…

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Latvian company takes over e-Faas face recognition feature

A Latvian company, Regular Forensics, has been hired as the new vendor for the face recognition feature of the National…

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