Maldives Prioritises Exchange Reforms, Mandates Fixed USD Exchange for Tourists
The Maldives Monetary Authority (MMA) on Tuesday gazetted new regulations requiring tourism establishments to exchange foreign currency at fixed amounts...
Cabinet Reshuffle Due to Shafeeq’s Resignation: Government
Former Minister of Foreign Affairs Moosa Zameer’s portfolio shift to Finance Minister on Monday came on the heels of then-Minister...
Muizzu Administration Seeks $70 Million Loan From Swiss-Based Vitol Group
The Maldivian government has approached the Vitol Group, a Switzerland-based Dutch multinational energy and commodity trading company, for a $70...
Ambassador Wang Reaffirms China’s Commitment to Maldives’ Development
Chinese Ambassador to the Maldives Wang Lixin reaffirmed China’s continued cooperation and assistance in the Maldives’ development efforts during a...
Muizzu Praises China’s Development Contributions at National Day Celebration
President Dr Mohamed Muizzu highlighted China’s significant contribution to the Maldives’ development, reaffirming the strong ties between the two countries...
Former BML Employee Sentenced for Theft From Customer Accounts
A former Bank of Maldives (BML) customer service assistant has been fined and sentenced to community service by the Criminal...
Veteran Photographer Ibrahim Jauhari Found Dead at Sea Near Malé
Ibrahim Jauhari, a prominent photographer known for his involvement in the Maldives’ reform movement, was found dead in the sea...
MIFCO Disburses MVR 17 Million in Overdue Payments to Fishermen Amid Protests
The Maldives Industrial Fisheries Company (MIFCO) has disbursed MVR 17 million to fishermen for fish sold between 24 August last...
MIRA Collects MVR 639 Million in Revenue; Receivables Exceed MVR 10 Billion
The Maldives Inland Revenue Authority (MIRA) has collected MVR 639 million in taxes and other revenue, according to the agency’s...
MACL Pays MVR 25,000 Bonus to Each Employee Amid Profit Growth
Maldives Airports Company Limited (MACL), the operator of Velana International Airport, has paid a bonus of MVR 25,000 to each...
