Local News

Ex-VP Faisal urges cost-cutting to tackle economic challenges

Former Vice President Faisal Naseem has called for immediate reductions in government spending to address the Maldives’ current economic difficulties.…

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Maldives’ fish exports decline

The central bank. Maldives Monetary Authority (MMA) has reported a significant decline in the Maldives’ fish exports. According to MMA…

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Inflation rate drops by 0.16 percent

Inflation in the Maldives fell by 0.16 percent in October compared to September this year. According to the Consumer Price…

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Maldives on track to hit 2 mln tourists by Dec 25

The Maldives is set to achieve its target of hosting 2 million tourists in 2024 by December 25, according to…

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Parliament approves MVR 56.6 bln state budget for 2025

The Parliament has approved a budget of MVR 56.6 billion for 2025. The budget, presented to Parliament on October 31,…

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Parliament extends session until Dec 15

The Parliament has approved an extension of its current session until December 15. Under existing rules, the session was scheduled…

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Joali Being offers luxury villas for sale

Joali Being has introduced an opportunity to own the resort’s luxury villas. Joali Resort, a high-end resort located 40 minutes…

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MVR 39bln in Construction Ministry projects; unfundable by state budget

The previous administration signed MVR 39 billion worth of projects under the Construction Ministry alone, Minister Dr. Abdullah Muthalib has…

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Helicopter services to launch in Maldives in March ’25

Transport Minister Mohamed Ameen has said that helicopter services in the Maldives are set to commence in March of next…

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Minister criticizes contractor misuse of advance payments

Construction Minister Dr. Abdulla Muthalib has raised concerns about contractors misusing advance payments for state projects. Replying to questions raised…

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