Official Reserves, Inflation Decline in March
The Maldives’ Official Reserves stood at US$541.8 million at the end of March 2024, according to data released by the...
Government Initiates Treasury Bills Sale Worth MVR 2 Billion
Treasury Bills (T-Bills) worth MVR 2 billion will be issued to cover government expenditure, with the Ministry of Finance issuing...
Government Faces Criticism Over Delayed Pay Rise for Civilian Police Staff
Amid mounting pressure, Homeland Security Minister Ali Ihusaan has announced that civilian police staff are set to receive a salary...
MDP to Analyse Election Losses; No Leadership Resignations Planned
The Maldivian Democratic Party (MDP) has announced its decision to undertake a comprehensive assessment to determine the reasons behind its...
Supreme Court Review Sought in Ex-President Gayoom’s Debt Liability Case
The legal battle concerning former President Maumoon Abdul Gayoom’s alleged debt liability continues as the case ascends to the Supreme...
Maldivian to Expand International Operations With Wide-Body Aircraft in October
Maldivian, the national flag carrier, will enhance its international operations by adding wide-body aircraft to its fleet in October, Minister...
STO Revenue Hits MVR 4.49 Billion in Q1
The State Trading Organization (STO) exceeded individual earnings in all quarters of 2023, reporting a first quarter (Q1) revenue of...
MATATO Rejects World Bank View, Attributes Tourism Slump to Gap in Marketing of Increasing Beds
The Maldives Association of Travel Agents and Tour Operators (MATATO) has said that the country is not undertaking enough marketing...
Opposition Leader Applauds Continuation of MDP’s Migrant Worker Policies
The leader of the opposition Maldivian Democratic Party (MDP), Fayyaz Ismail, has commended the current administration under Mohamed Muizzu for...
President Muizzu Announces Measures to Stop Businesses Activities by Illegal Immigrants
President Mohamed Muizzu has said that the administration is implementing stringent measures to curtail the operation of businesses by undocumented...
