Central Bank Projects National Reserves to Rise to US$605.7 Million by End of 2024
The Maldives Monetary Authority (MMA), in its latest Quarterly Economic Bulletin, has projected an optimistic outlook for the nation’s economy,...
BCC Engages International Consultant for Feasibility Study on Addu City Garment Factory
The Business Center Corporation (BCC) has revealed the engagement of an international consultant to conduct feasibility studies for the proposed...
Maldives Customs Intercept Cigarette Shipment Disguised as Tissue Paper
The Maldives Customs Service has seized a substantial shipment of cigarettes, initially declared as tissue paper. After reports emerged on...
STO Proposes MVR 80 per Share Dividend for 2023, Highest in 17 Years
The State Trading Organization (STO) has announced plans to propose a dividend of MVR 80 per share for 2023 at...
Fraud Scheme Uncovered in Maldives Transport Ministry Investigation
The Maldives Police Service (MPS) has uncovered a fraudulent scheme within the Ministry of Transport and Civil Aviation following an...
Ibrahim Shiuree Appointed Managing Director of MMPRC
Ibrahim Shiuree, a former national table tennis champion with a history of competing at national and international tournaments, has been...
STO Launches ‘Euro Foari 2024’ Promotion Coinciding With UEFA EURO 2024
The State Trading Organization (STO) has launched its ‘STO Euro Foari 2024’ campaign, coinciding with the UEFA European Championship 2024,...
Maldives Raises Over MVR 14 Million for Gaza Relief in Nationwide Telethon
The state broadcaster Public Service Media (PSM) has concluded a nationwide telethon titled “Falastheenaa’eku Dhivehi” to raise funds for the...
MDP Urges Government to Address Fishermen’s Concerns
The main opposition Maldivian Democratic Party (MDP) has called on the government to swiftly address the concerns raised by the...
Government Seeks MVR 2 Billion Through Treasury Bill Issue
The Ministry of Finance has issued Treasury Bills (T-bills) amounting to MVR 2 billion to cover government expenditure. The T-bills...