Bank of Maldives Error Sends $77.3 Billion to Resort Employee
The Maldives National Bank, Bank of Maldives (BML), mistakenly deposited over $77.3 billion into the account of an employee at...
China FTA Damaging to Maldives’ Economic Independence: MDP
The Free Trade Agreement (FTA) between the Maldives and China will be damaging to the Maldives’ economic independence, Chairperson of...
Noomadi Compensation Was ‘Big Slap in the Face’ to Citizens From President Muizzu: Opposition Leader
Noomadi Resorts and Residences had to be paid US$55 million (MVR 848 million) in compensation for the unfair termination of...
China’s Xiamen Airlines Commences Scheduled Services to Maldives
China-based Xiamen Airlines has launched scheduled flights between Xiamen, China, and Velana International Airport (VIA). The airline’s expansion follows the...
Ahmed Munawar Appointed Governor of Maldives Central Bank
Ahmed Munawar has assumed the role of governor of the Maldives Monetary Authority (MMA). President Mohamed Muizzu made the appointment...
Munawar Outlines Policy Approach During Committee Vetting; Governor Nomination Green-Lit for Final Floor Vote
Abandoning control of the US dollar exchange rate in the Maldives will not be in the best interest of the...
Ex-President Yameen Challenges President Muizzu to Investigate MMPRC Scandal
The Mohamed Muizzu administration dare not investigate the Maldives Marketing and Public Relations Corporation (MMPRC) scandal, former President Abdulla Yameen...
Environment Ministry Seeks Investor for 10 MW Floating Solar Project in Addu City
The Environment Ministry has launched a search for an investor to finance the development of a 10-megawatt floating solar panel...
MDP Backs Proposal to Cap Number of MPs, Stresses Need for Fair Representation
The opposition Maldivian Democratic Party (MDP) has backed a motion to limit the number of Members of Parliament (MPs), stressing...
Maldivian, TrueNoord Ink Deal for Airbus A330-200 Lease
National carrier Maldivian has signed an agreement with TrueNoord to lease an Airbus A330-200 aircraft as part of its efforts...
