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....
Minister Saeed Hails Trade Talks With UK as ‘Successful’
Minister of Economic Development and Trade Mohamed Saeed has characterised talks with the UK government as “the most successful efforts”...
China Prioritises Grant Aid Projects Over Restructuring Maldives’ Debt, Says Ambassador Wang
Chinese Ambassador to the Maldives Wang Lixin said on Thursday that China would not be restructuring the Maldives’ debt to...
President Muizzu Establishes Development Bank of Maldives Limited
President Mohamed Muizzu has established the Development Bank of Maldives Limited (DBM). According to the President’s Office, the President established...
Chinese Arrivals Dominate Maldives Tourism Market
Around 92,292 tourists from China have visited the Maldives as of last Monday, according to data by the Ministry of...
Green Tax Should Be Allocated to Resource EPA: Justice Suood
The Environmental Protection Agency (EPA) should be an autonomous, legally independent entity, Supreme Court Justice Husnu Al Suood said on...
