Opposition Leader Praises India for T-Bill Rollover Amid Economic Challenges
Opposition leader and Maldivian Democratic Party (MDP) chairperson Fayyaz Ismail has commended India for its continued support to the Maldives,...
Bunkering Services Launched After Multiple Delays
The long-postponed bunkering service, touted by the Mohamed Muizzu administration to expand the Maldives economy by US$400 million annually, finally...
India Rolls Over $50 Million Treasury Bill for Maldives Amid Geopolitical Tensions
At the request of the Government of Maldives, the State Bank of India (SBI) has rolled over a $50 million...
Maldives Faces Deadline on $50 Million Payment to India Amid Ongoing Negotiations
The Maldives government must pay $50 million to India by the end of the day, marking the third instalment of...
Cabinet Secretary Habeeb Nominated as New Bank of Maldives Chairman
The government has nominated Principal Secretary to the President on Cabinet Affairs Ahmed Ali Habeeb as the next chairman of...
Nazim Urges Oversight on Foreign Executives in State-Owned Companies
Deputy Speaker of Parliament Ahmed Nazim raised concerns on Monday over the role of foreign executives in state-owned companies during...
STO CEO Appointed Fenaka Chair as Utilities SOE Transitions to Subsidiary
The Chief Executive Officer (CEO) and Managing Director (MD) of the State Trading Organization (STO), Shimad Ibrahim, has been appointed...
Onion Prices Surge to MVR 60 per Kilogramme Amid Supply Shortage
The price of onions in the Maldivian market has risen to MVR 60 per kilogramme, according to market prices on...
India Open to Offering Financial Support to Maldives
The Indian government is ready to assist the Maldives with financial support as the risk of the first sukuk default...
Maldives, China Sign Currency Swap Agreement to Boost Trade
The Maldives and China have signed a memorandum of understanding (MoU) to exchange bilateral currencies, a move aimed at facilitating...
