Police Considering Criminal Charges Over BML ‘Financial Coup’
The Police will consider how to proceed with the criminal investigation into the Bank of Maldives (BML) after reviewing documents...
Over 50 Resorts Reject New Foreign Currency Rule, Demand Government Action
More than 50 resorts are refusing to comply with a controversial new foreign currency regulation, sending formal objections to the...
Proposed Commission Seeks to ‘Bury’ Press Freedom: MDP
The opposition Maldivian Democratic Party (MDP) has expressed concerned over a bill proposed to Parliament seeking the abolition of the...
Tourism Mogul Mohamed Moosa Urges Suspension of Foreign Currency Rule
Mohamed Moosa, one of the most influential business figures in the Maldives and a pioneer in the nation’s tourism sector,...
State Revenue for October Lower Than Last Year, Higher Than Projected
The Maldives Inland Revenue Authority (MIRA) collected MVR 1.73 billion last October, statistics show. While 14.2 percent lower than over...
Maldives Sliding Towards Authoritarianism, Ex-President Solih Warns
Former President Ibrahim Mohamed Solih has warned that the Maldives is heading towards a “terrible dictatorship,” citing the government’s efforts...
Government Onboards Two More Chinese Companies for Rasmalé Project Amid Ongoing Delays
Two Chinese companies have been awarded contracts to reclaim the last two of the 12 sites to be developed as...
MDP Decries Lack of Consultation as Government Declares Seven Urban Centres Across Maldives
The Mohamed Muizzu administration designated seven urban centres without any consultations whatsoever, the Chair of the Maldivian Democratic Party (MDP),...
Maldives Inks Economic Gateway and Free Zone Framework Agreement With Singapore-Based Firm
The Maldives has signed a framework agreement with Singapore-based investment firm Capital Asia Investments to establish a port and other...
National Budget 2025: Opposition Expresses Frustration Over Government Withholding Utilisation Details
A week after the Mohamed Muizzu administration presented the MVR 56.6 billion National Budget for 2025, the administration continues to...
