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...
State Debt Reaches MVR 126 Billion at End of Q1 2024
Total state debt rose to MVR 126 billion as of the end of the first quarter (Q1) of this year,...
Fish Processing to Move Towards 35 Percent Renewable Energy; Will Seek to ‘Add Value’ to Exports: Minister Shiyam
Fisheries Minister Ahmed Shiyam has said that the administration will convert 35 percent of the energy used in fish processing...
Maldives Waives MVR 4.2 Million Fine for Detained Indian Fishing Vessel ‘Holy Spirit’
The President’s Office, having waived a fine of MVR 4.2 million imposed on the detained fishing vessel ‘Holy Spirit,’ has...
India Ready to Train Maldivians to Fly Military Aircraft: MEA Spokesperson
India is ready to train Maldivian pilots to fly military aircraft and helicopters, the nation’s Ministry of External Affairs has...
Bilateral Projects in Maldives Going Well, India Confirms
External Affairs Minister Subrahmanyam Jaishankar has confirmed that projects initiated by the Indian government in the Maldives are progressing well....
