Maldives
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Local News
New Foreign Investment Act aims to boost Maldives economy, says Econ Minister
Economic Minister Mohamed Saeed has stated that the government is focused on attracting new foreign investments to significantly boost the…
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Business
Midea’s grand opening in the Maldives marks milestone for Asters
Asters, the renowned retail giant, is set to elevate the shopping experience in the Maldives with the grand opening of…
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Local News
Canadian man sentenced to in life imprisonment for drug possession in the Maldives
A Canadian national arrested for drug possession at a guesthouse in B. Maalhos has been sentenced to life imprisonment by…
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Local News
Maldives gov’t submits proposal to introduce PayPal services
The Maldivian government has submitted a proposal to PayPal to bring the internationally popular payment system to the Maldives. This…
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Local News
Maldives to launch investor residency prog to attract $7bln in investments
The Maldivian government has announced plans to introduce a new residency program designed to attract large investors, with the goal…
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Local News
Two Malaysians arrested for alleged drug smuggling in the Maldives
Two Malaysian nationals, aged 41 and 44, have been arrested in connection with drug smuggling in the Maldives. The Maldivian…
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Local News
Maldives’ official reserves drop by over $100 mln in July
The Maldives’ official reserves has seen a significant decline in July. According to the central bank, Maldives Monetary Authority (MMA)’s…
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Local News
Maldives sees rise in inflation in July
Prices of goods and services in the Maldives have seen an increase in July this year. The Consumer Price Index…
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Local News
Maldives tourist arrivals from top 10 source markets exceed 848k
More than 848,000 tourists from the top 10 source markets have visited the Maldives so far this year. According to…
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Local News
Three appointed to the board of Maldives’ first development bank
The Privatization Board has appointed three individuals to the Board of Directors of the Development Bank of Maldives Limited, the…
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