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The Maldives Industrial Fisheries Company (MIFCO) and Fuel Supplies Maldives (FSM) have signed a strategic agreement to provide fuel on credit to fishermen, offering a vital financial lifeline to the …
The Maldives Monetary Authority (MMA) has increased the weekly allocation of US dollars to commercial banks by 51 percent to improve liquidity and simplify access to foreign currency within the …
The Maldivian Parliament has unanimously accepted a bill to establish a national payment switch, a strategic move designed to unify the country's financial infrastructure and streamline digital transa...
The Ministry of Health, Family and Welfare has entered into a strategic agreement with Sri Lanka’s Suwasena Hospital to provide essential clinical training for Maldivian medical graduates. The partner...
The national airline, Maldivian, has signed an agreement to purchase two DHC-6 Twin Otter Classic 300-G aircraft from Canadian manufacturer De Havilland, becoming the first airline globally to order t...
The Bank of Maldives (BML) has warned that attempts to undermine public confidence in the nation’s financial system could lead to severe and irreversible damage to the Maldivian economy. Speaking …
The Prosecutor General’s Office (PGO) has launched 'PGO 2.0,' an ambitious digital transformation project aimed at fully digitising prosecution workflows by 2028. Prosecutor General Abbas Shareef anno...
The Maldivian economy is facing severe pressure as external shocks and soaring import costs trigger widespread price increases across multiple sectors. Industry leaders warn that the current economic ...
The Ministry of Islamic Affairs and Endowments has announced that the National Waqf Fund has received over USD 194,000 since the start of the year. These contributions were made via …
The Ministry of Housing, Infrastructure and Urban Development has handed over land to 560 recipients under the Hulhumale Phase Three allocation project. As of August 10, this represents approximately ...