2024 Project Spending Down, Expenditure on Salaries Up Compared to Same Period in 2023
Project spending was down compared to the same period last year, while more was spent on salaries, according to the…
Maldives Will Continue to Play ‘Leading Role’ in SIDS4: Minister Zameer
The Maldives will play a ‘leading role’ in the fourth International Conference on Small Island Developing States (SIDS4) starting on…
US Navy-Led Sea Vision Operator Training for MNDF Coast Guard Concludes
The US Navy has concluded the Sea Vision Operator training for Maldivian Coast Guard personnel. “Seventeen sailors from MNDF Coast…
Malé to Name Street in Support of Palestine
The Malé City Council on Thursday approved to have a street named after Palestine. Mayor Adam Azim proposed for consideration…
Maldives to Operationalise Development Bank in July
The Development Bank of Maldives (DBM) will come into operation in July, Minister of Economic Development and Trade Mohamed Saeed…
Green Fund 2024 Q1 Disbursements at MVR 114 Million, Collections Total MVR 1.3 Billion
The state’s Green Fund disbursed MVR 114 million in the first quarter (Q1) of 2024, according to the Green Fund…
PCB Removes CEO From Fisheries SOE
The Privatization and Corporatization Board (PCB) has removed Ahmed Shamah Rasheed from his position as Chief Executive Officer (CEO) of…
Maldives to Celebrate World Ocean Day With Week-Long Lead-Up Activities
The Ministry of Fisheries and Ocean Resources has announced that it will hold a number of activities to mark World…
MIFCO Looking to Attract Investors and New Business to Maldives Fisheries
The Maldives Industrial Fisheries Company (MIFCO) will always look to attract foreign investors to bring in resources, and new businesses,…
Government Ready to Implement Fiscal Reform Programme; SOEs First in Line: Minister Shafeeq
The administration is ready to take the necessary measures to manage the nation’s debt; starting with reforms to state-owned enterprises…