Local News

HDC to resume Hulhumale’ water theme park development

The Housing Development Corporation (HDC) has announced plans to resume the development of the Hulhumale’ Water Theme Park. HDC initially…

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VIA’s flight movements rise by five percent

Flight movements recorded at the Maldives’ main international airport, Velana International Airport (VIA) have increased by five percent as of…

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MWSC launches MVR 400mln bond for investment

Male’ Water and Sewerage Company (MWSC) has introduced a bond worth MVR 400 million bond for public investment. First National…

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Committee approves Insha Faisal as NIC member

The Parliament’s Independent Institutions Committee has approved the appointment of Mariyam Insha Faisal as a member of the National Integrity…

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Pres Dr. Muizzu meets with fishermen

President Dr. Mohamed Muizzu has held discussions with fishermen. The discussions took place at a meeting held at the President’s…

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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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