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Latest Articles

Bank of Maldives Housing Project Expands to Deliver 4,000 Homes

The Bank of Maldives (BML) is set to begin construction on a massive housing initiative after receiving drawing approvals for nearly all planned projects. The government has further expanded the …

MACL Partners With Three National Agencies To Boost Velana Airport Emergency Response

Maldives Airports Company Limited (MACL) has signed strategic Memorandums of Understanding (MoUs) with three national agencies to strengthen disaster and emergency management at Velana International A...

Government to Reclaim Historic Usge’kolhu to Build Interactive History Museum

The Maldives government has initiated the process to take over the historic Usge’kolhu site in Sultan Park from the Male’ City Council to protect the landmark and transform it into …

Himmafushi Rehabilitation Centre Upgrade to Support 500 Patients by 2026

The Maldivian government will begin a major expansion and modernization of the Himmafushi Rehabilitation Centre next month, aiming to bring the facility up to internationally recognized standards. Min...

Russian Tour Operator LOTİ Reports Tripled Demand for Luxury Maldives Travel

Premium tour operator LOTİ, with the support of the Visit Maldives Corporation (VMC), recently hosted an exclusive promotional event in Moscow to showcase the archipelago's luxury tourism appeal. The ...

Maldives and Australia Launch Second Phase of Cyber Resilience Fellowship in Malé

The Maldives has commenced the second phase of the Cyber Resilience Fellowship, a strategic collaboration between the President's Office and Australia's Edith Cowan University (ECU). This initiative, ...

MMA Boosts US Dollar Supply by 25% to Ease Off-Season Shortages

The Maldives Monetary Authority (MMA) has increased the volume of US dollars sold to commercial banks by 25 per cent, effective immediately, to combat foreign currency shortages during the tourism …

Indian Tourist Arrivals to Maldives Top 60,000 Despite Slight Year-on-Year Decline

The Maldives has welcomed over 60,000 tourists from India so far this year, maintaining India's position as the sixth-largest source market for the island nation. According to the latest data …

External Debt Repayment Top Priority to Prevent National Default, Says Government

The Maldivian government has identified the repayment of external debt as its most critical economic priority, warning that any failure to meet these obligations would plunge the nation into default …

Economic Minister Outlines Strategic Support for Youth and MSME Growth

The Maldivian government is intensifying its support for young entrepreneurs through a series of targeted initiatives aimed at strengthening the Micro, Small, and Medium-sized Enterprise (MSME) sector...