BML Deputy CEO Aishath Noordeen Removed from Board
Aishath Noordeen, Deputy CEO of Bank of Maldives (BML), has been dismissed from the bank’s board of directors after 42...
Bunkering Services Delayed Again; Now Eying September Launch
The launch of bunkering services, scheduled to begin on Thursday at Haa Alifu (HA.) Atoll, has been postponed to September....
Maldives May Need to Utilise SDF Funds to Cover Reserves Shortfall: Experts
The Sovereign Development Fund (SDF) will have to be used in the event the state budget is unable to meet...
ACC Seeks Prosecution of Ex-IGMH Heads Over Alleged COVID-19 Profiteering
The Anti-Corruption Commission (ACC) has requested the Prosecutor General’s Office to prosecute three former senior officials of Indira Gandhi Memorial...
Parliament Lifts Cap on Foreign Workers from Single Country
The Parliament on Monday passed an amendment to the Employment Act, removing the legal cap that limited the number of...
Parliament Approves Six-Month Continuation of Concession for Tourism Lease Extension
Parliament on Monday approved an amendment to the Tourism Act, granting a six-month extension to the reduced fee window for...
Presidential Advisor Warns Payment Delays Threaten Construction Industry
Mohamed Ali Janah, President of the Maldives National Association of Construction Industry (MACI) and Principal Advisor to President Dr Mohamed...
Foreign Minister Heads to Saudi Arabia Amid Reserve Crisis
Foreign Minister Moosa Zameer has departed for Saudi Arabia on an official visit, carrying a letter from President Dr Mohamed...
Hotel Jen to Host Thailand-Maldives Business Matching Forum on 18 August
The Department of International Trade Promotion (DITP), in collaboration with the Thai Trade Centre, is set to hold the Thailand-Maldives...
Maldives’ Usable Reserves Plummet Below Monthly Import Overhead
The Maldives’ usable reserves this month have fallen to US$66.9 million; a decline of US$6.2 million over the previous US$73.1...
