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...
China FTA Damaging to Maldives’ Economic Independence: MDP
The Free Trade Agreement (FTA) between the Maldives and China will be damaging to the Maldives’ economic independence, Chairperson of...
Government Seeks MMA Approval to Establish Development Bank of Maldives
Submissions for the licensing of a Development Bank have been filed with the Maldives Monetary Authority (MMA), Minister of Economic...
China Assures Full Support to Address Maldives’ Economic Challenges: Minister Zameer
Chinese President Xi Jinping has assured the Maldives of China’s full cooperation in addressing the country’s current economic challenges, Minister...
MIFCO Reduces Executive Pay Packages, Introduces Other Cost-Cutting Measures
The Maldives Industrial Fisheries Company (MIFCO) has decided to take special measures to strengthen its corporate governance by cutting the...
Government Payment Delays Push Small Businesses to the Brink
Since President Mohamed Muizzu assumed office eight months ago, small and medium-sized enterprises (SMEs) have faced severe financial strain due...
Delay in June Tourism Statistics Adds to Concerns Over Government Transparency
The release of the Maldives monthly tourism statistics have been delayed for the month of June — procedurally monthly reports...
Black Market Dollar Soars Above MVR 18.20 Amid Supply Shortages
The black-market dollar rate has surged above MVR 18.20 per dollar, driven by a sharp rise in demand and dwindling...
State’s Financials Remain Unpublished Three Weeks Running
The Ministry of Finance has failed to release the Weekly Fiscal Development Report for the past three weeks. The last...
