New SDF Bill Proposes Governance Council, Legal Mechanisms to Regulate Use
A newly proposed Sovereign Development Fund (SDF) Bill sent to Parliament stipulates that funds from the SDF can only be...
Parliamentary Committee Schedules 27 February Public Forum on Gedhoruveriya Flat List
The Parliament Petitions Committee has decided to hold a public forum before deciding on a petition calling on the legislative...
Work to Revive Facility at Funahdoo and Increase Processing Capacity Nationwide Underway: Fisheries Minister
Fisheries Minister Ahmed Shiyam has said that the ministry is working to bring the fisheries facility at Funahdoo Island in...
Trade Agreement Will Ensure Onion Imports Despite Maldives Not Included in Ban Exemption List: India
India has assured the Maldives that the country will receive onions, under the existing trade agreement, even though it is...
MIFCO Begins Settling Overdue Payments to Fishermen
Maldives Industrial Fisheries Company (MIFCO) has begun releasing payments to address a total outstanding amount of around MVR 300 million...
Government Signs MoU With Thai Company to Develop International Airport at GDh. Thinadhoo
The Mohamed Muizzu administration on Tuesday signed a memorandum of understanding (MoU) with Thailand’s Pan Pacific Company Limited to develop...
China Slashes Interest Rates to Boost Ailing Property Sector
China’s central bank has announced a cut on interest rates for loans which extend five years or longer to 3.95...
Government Borrows US$50 Million via MACL from BML, Pays Out on SBI Treasury Bond
The government, in January, settled a US$50 million (MVR 771 million) treasury bond issued to the State Bank of India...
PCB Urges Standardised Criteria in Maintaining, Disclosing SOE Financial Information
To ensure consistency, comparability and transparency in the reporting of financial information of state owned enterprises (SOEs), the Privatization and...
RACL Brings New Apron Into Service at Hanimadhoo International Airport
The new apron at Hanimadhoo International Airport, managed by Regional Airports Company Limited (RACL), was officially inaugurated with the landing...
