Current News
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173 resorts registrations for new dollar conversion policy: MMA
The central bank, Maldives Monetary Authority (MMA) has reported that nearly all resorts in the Maldives have registered under a…
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MPL launches new water barge for off-shore bunkering
The Maldives Ports Limited (MPL) has introduced a barge to supply water to ships obtaining off-shore bunkering in Ihavandippolhu. The…
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Budget financing crucial to carry out projects, says governor
The central bank, Maldives Monetary Authority (MMA)’s Governor, Ahmed Munawwar, has cautioned that the country’s reserves will be affected if…
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Maldives to implement TGST on offshore booking platforms
A policy on levying TGST on tourism services provided by off-shore travel agents and booking platforms will be introduced by…
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Bunkering service generates $1.5mln in revenue
Bunkering services have generated $1.5 million in revenue so far, Economic Minister Mohamed Saeed has revealed. International banking services were…
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HDC unveils 15 new projects
The Housing Development Corporation (HDC) has launched a series of major projects. The projects, launched under the theme “Transforming Tomorrow:…
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Pres Dr. Muizzu arrives in Baku, Azerbaijan for COP29
President Dr. Mohamed Muizzu has arrived in Baku, Azerbaijan, to participate in the 29th Conference of the Parties (COP29) under…
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Ex-pres Solih warns of ‘authoritarian shift’, heavily criticizes gov’t
The Maldives is heading towards an authoritarian dictatorship, former President Ibrahim Mohamed Solih has said. At a rally hosted by…
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Pres Dr. Muizzu meets with Saudi Fund’s CEO
President Dr. Mohamed Muizzu has met with the CEO of the Saudi Fund for Development, Sultan Abdulrahman Al-Marshad. The meeting…
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Parliament opens debate on proposed MVR56.6bln budget
The Maldives Parliament has commenced the debate on the proposed budget for the upcoming year. Beginning Tuesday’s Parliament sitting, Speaker…
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