MIFCO Looking to Attract Investors and New Business to Maldives Fisheries
The Maldives Industrial Fisheries Company (MIFCO) will always look to attract foreign investors to bring in resources, and new businesses,...
Government Ready to Implement Fiscal Reform Programme; SOEs First in Line: Minister Shafeeq
The administration is ready to take the necessary measures to manage the nation’s debt; starting with reforms to state-owned enterprises...
RACL Assures Continuity of Airport Projects Despite Delays
Regional Airports Company Ltd. (RACL) has expressed its commitment to the ongoing airport development projects across the country despite unexpected...
Met Office Forecasts Week-Long Monsoonal Rain and Strong Winds
Severe weather conditions associated with the onset of the southwest monsoon are expected to persist across the country throughout the...
Coastguard Rescues Missing Cargo Boat Crew; Kayaker Lost at Sea Found Safe
The Maldives National Defence Force (MNDF) Coastguard has safely rescued the crew of a missing cargo vessel, while a kayaker...
State Debt Reaches MVR 126 Billion at End of Q1 2024
Total state debt rose to MVR 126 billion as of the end of the first quarter (Q1) of this year,...
Fish Processing to Move Towards 35 Percent Renewable Energy; Will Seek to ‘Add Value’ to Exports: Minister Shiyam
Fisheries Minister Ahmed Shiyam has said that the administration will convert 35 percent of the energy used in fish processing...
Maldives Launches Sea-to-Air Cargo Transhipment Service
The Maldives has successfully executed the first movement of cargo under the new sea-to-air transhipment service. This innovative service combines...
Maldives Waives MVR 4.2 Million Fine for Detained Indian Fishing Vessel ‘Holy Spirit’
The President’s Office, having waived a fine of MVR 4.2 million imposed on the detained fishing vessel ‘Holy Spirit,’ has...
Bilateral Projects in Maldives Going Well, India Confirms
External Affairs Minister Subrahmanyam Jaishankar has confirmed that projects initiated by the Indian government in the Maldives are progressing well....
