Central Bank Projects National Reserves to Rise to US$605.7 Million by End of 2024
The Maldives Monetary Authority (MMA), in its latest Quarterly Economic Bulletin, has projected an optimistic outlook for the nation’s economy,...
Growth in Key Sectors Up as Fisheries Sector Declines in Q1 2024
The Maldives’ key industries, with the exception of the fisheries sector, grew in the first quarter (Q1) of 2024, the...
Inflation for Q1 2024 Down Over Q1 2023
The price of goods and services fell sharply in the first quarter (Q1) of 2024 compared to the same period...
Maldives Customs Intercept Cigarette Shipment Disguised as Tissue Paper
The Maldives Customs Service has seized a substantial shipment of cigarettes, initially declared as tissue paper. After reports emerged on...
Spike in Salary Spend and Operating Expenses Inflates Recurrent Expenditure by 4.5%
The state’s recurrent expenditure increased more than 4.5 percent this year compared to 2023, figures from the Ministry of Finance...
President Muizzu Calls for Reflection and Solidarity in Eid al-Adha Message
President Mohamed Muizzu has called on the nation to appreciate the blessings from Almighty Allah in his message for Eid...
STO Proposes MVR 80 per Share Dividend for 2023, Highest in 17 Years
The State Trading Organization (STO) has announced plans to propose a dividend of MVR 80 per share for 2023 at...
Meral Ayn Latheef Breaks Own National Record
At the 19th Singapore National Swimming Championships 2024, Maldivian swimmer Meral Ayn Latheef broke her own national record in the...
Bundled Constitutional Amendments Part of Legislative Agenda: AG Usham
Attorney General (AG) Ahmed Usham said on Thursday that the administration aims to, after public consultations, submit a comprehensive bill...
Government Considering Amendments to Israeli Passport Ban Bill
Attorney General (AG) Ahmed Usham said on Thursday that a blanket ban on Israeli passports warrants additional consideration. Replying to...
