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Latest Articles

New Bill to Overhaul Leasing of Maldivian Lagoons and Uninhabited Islands

The Maldivian government has introduced a comprehensive bill to modernize the leasing framework for lagoons and uninhabited islands, seeking to replace the outdated Uninhabited Islands Act. Sponsored ...

MTCC to Resolve Material Shortages and Accelerate Island Development Projects

The Maldives Transport and Contracting Company (MTCC) expects to overcome critical construction material shortages within the next four months, a move set to accelerate essential development projects ...

Proposed URA Law Changes to Expand Board and Strengthen Utility Governance

The Maldivian government has tabled the Utility Regulatory Authority (URA) Act Amendment Bill, seeking to overhaul the administrative management of the nation's utility regulator. Moved by Vilufushi M...

STO Records USD 18.2 Million Net Profit with 71 Percent Annual Growth

The State Trading Organisation (STO) reported a net profit of USD 18.2 million for the second quarter of this year, marking a significant 71 percent increase compared to the same …

Parliament Unanimously Approves Fathimath Dhiyana Saeed as Ambassador to EU and Belgium

The Maldivian Parliament has unanimously endorsed President Dr. Mohamed Muizzu's nomination of Fathimath Dhiyana Saeed as the Maldives’ ambassador to the European Union and Belgium. The appointment f...

Improved Medicine Forecasting to Cut Waste and Lower Healthcare Costs

Accurate demand forecasting for medicines could significantly reduce the volume of expired drugs discarded across the Maldives, according to the Managing Director of the State Pharmaceuticals and Medi...

Maldives State Revenue from Resort Leases Rises 8.4% to USD 71.34 Million

State revenue from resort lease rents in the Maldives has climbed to USD 71.34 million so far this year, marking an 8.4 per cent increase over the same period last …

Maldives Condemns Houthi Attacks on Saudi Vessel and Oil Facilities

The Maldives has strongly condemned recent Houthi attacks on a Saudi vessel in the Red Sea, describing the actions as a grave threat to international maritime security and regional stability. …

President Muizzu Expresses Solidarity With Japan Following Deadly Kumamoto Earthquake

President Dr Mohamed Muizzu has sent a formal message of condolence to Japan following a powerful earthquake off Kumamoto Prefecture that resulted in multiple fatalities, numerous injuries, and extens...

Maldives and Australia Pledge Formal Partnership to Boost Security and Trade

The Maldives and Australia have agreed to establish a formal bilateral partnership to deepen cooperation in defense, security, trade, and climate action. The commitment follows the Third Maldives–Aust...