BCC, IORA Discuss Trade and MSME Opportunities in Indian Ocean Region
The Business Centre Corporation (BCC) has initiated discussions with business and commerce sector stakeholders from member states of the Indian...
Initiating Fiscal Reforms Essential to Maldives’ Sustained Economic Growth: World Bank
The World Bank has called for the urgent implementation of the Maldive’s planned financial reforms, saying such action is essential...
Maldives’ Fish Exports Decline 48% in Q1
The Maldives’ fish exports fell 48 percent in the first quarter (Q1) this year compared to the same period last...
Maldives Experiences Change in Tourism Dynamics Amid Regional Diplomatic Tensions
The Maldives has observed a significant transformation in its tourism sector, with changes in source markets for visitors amidst evolving...
World Bank Downgrades Growth Forecast for Maldives
The World Bank has downgraded its 2024 growth forecast for the Maldives as tourists increasingly opt for guesthouse stays over...
Overall Inflation Eases in January; Key Sectors Remain High Year-On-Year
Overall inflation fell 0.17 percent in January this year compared to December last year, according to 2024’s first Consumer Price...
G20 Considers Global Minimum Tax on Billionaires to Curb Tax Avoidance
The G20 is contemplating a groundbreaking global minimum tax on 3,000 billionaires. Leaders have convened in São Paulo to explore...
Addu Coastal Tourism Development Plan Launched: Aims for 6,000-Bed Capacity, 10,000 Jobs
The Addu Coastal Tourism Development Plan, which will seek to develop 6,000 tourist beds and a seaplane hub at the...
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...
Fishermen at Kooddoo Protest Over Unpaid Dues; Government Promises to Clear Outstanding MVR 280 Million by 5 March
Fishermen gathered at Maldives Industrial Fisheries Company’s (MIFCO) Koodoo Fisheries Complex are protesting the company’s failure, over the last three...
