Budget 2024 Forecasts 5.3% Rise Amidst Political Transition
The Ministry of Finance has forecast a 5.3% increase in the state budget for 2024, setting it at an estimated...
State Budget Woes: An Analysis of Fiscal Struggles and Remedial Measures
In a concerning report on the fiscal climate, the Ministry of Finance has shed light on the intricate challenges besetting...
Maldives’ Credit Rating at B-,Outlook Negative, Says Fitch Ratings
Fitch Ratings has affirmed the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a ‘negative outlook.’ In Fitch’s...
Premium Airline ‘BeOnd’ Unveils First Aircraft
Premium airline BeOnd has unveiled its first aircraft at a grand ceremony held at Velana International Airport (VIA) in the...
Economic Growth Positive But Reforms Needed to Stay on Track: World Bank
The Maldivian economy continued to expand in the first quarter of 2023 by 5.5 percent year-on-year, surpassing pre-pandemic levels, the...
Ifuru Island Maldives Opens in Raa Atoll
Ifuru Island Maldives, with Ifuru Airport developed alongside the premium all-inclusive resort property, opened Tuesday. The state-of-the-art resort, with a...
Apple’s New Mobile Devices Released Worldwide
Apple on Friday started selling its new generations of mobile products through its stores located around the world. The company,...
MIFCO Raises Per-Kilo Buying Rate of Skipjack Tuna by 47%
Maldives Industrial Fisheries Company (MIFCO) has said it will increase the per kilogramme buying rate of skipjack tuna to MVR...
Maldivian, Emirates Ink Interline Deal
Emirates, one of the two flag carrier airlines of the United Arab Emirates (UAE), and Maldivian, the Maldives’ national carrier,...
State Revenue for August Stands at MVR 1.6 Billion: MIRA
Maldives Inland Revenue Authority (MIRA) has revealed that the state had collected MVR 1.6 billion in state revenue in August...
