Undersea Mining for Oil, Minerals to Be Conducted With Minimal Environmental Impact: Shiyam
Minister of Fisheries and Ocean Resources Ahmed Shiyam said on Wednesday that the designation of undersea mining as a permitted...
Fayyaz Ismail Warns of ‘Dangerous Lack of Planning’ as USD 500m Sukuk Deadline Nears
Former Maldivian Democratic Party (MDP) chairperson Fayyaz Ismail has accused the Muizzu government of failing to plan for a major...
State-Owned Firms’ Debt Rises to MVR 37 Billion
The combined debt of government-owned companies rose to MVR 37 billion in the first half of the year, an increase...
BML Accused of Misleading Cardholders Over Foreign Transaction Limits
The Bank of Maldives (BML) has come under criticism over what critics describe as misleading statements regarding changes to foreign...
STO, Hitachi Mark 25 Years of Partnership
State Trading Organization (STO) and Japan’s Hitachi marked the 25th anniversary of their partnership at a ceremony in Male on...
Fayyaz Says Hanimaadhoo Airport Will Drive Economic Growth in Northern Atolls
Opposition leader and Maldivian Democratic Party (MDP) Chairperson Fayyaz Ismail said the newly opened Hanimaadhoo International Airport would play a...
Nasheed Warns of Default Risks as Maldives Struggles With $500M Sukuk
The Maldives is facing mounting investor scepticism over plans to refinance a $500 million Sukuk bond maturing in April 2026,...
STO, Makita Mark 25 Years of Partnership in Maldives
State Trading Organization (STO) and Japanese power tools manufacturer Makita celebrated the 25th anniversary of their partnership with a ceremony...
STO Releases Onion Shipment to Stabilise Prices Amid Supply Disruptions
State Trading Organization (STO) has released a shipment of onions into the local market as part of efforts to stabilise...
MMA Urges Government to Enact Reforms as Dollar Hits Record High in Black Market
The Maldives Monetary Authority (MMA) on Thursday called on the government to urgently implement its economic reform agenda, warning that...
