STO Sets Date for Annual General Meeting
State Trading Organization (STO) has announced that the company’s Annual General Meeting (AGM) will be held on 12 July. The...
Maldives Celebrates Arrival of One-Millionth Tourist This Year
The Maldives has marked a significant milestone, welcoming its one-millionth tourist for the year. Sutapa Amornvivat, a Thai national, arrived...
Minister Zameer Meets UN Chief Guterres, Discusses Sustainable Development
Foreign Minister Moosa Zameer met with the Secretary-General of the United Nations, António Guterres, at the UN Headquarters on Thursday...
Israel’s War on Gaza: Palestinian Families Flee Amid Mounting Civilian Death Toll
The streets of Shujayea in Gaza City are witnessing an exodus as Palestinian families flee their homes as Israeli tanks...
Minister Shafeeq Refuses Disclosure on Political Appointees Amid Public Scrutiny
Finance Minister Mohamed Shafeeq has refused to answer probing questions from the Public Accounts Committee of Parliament regarding the number...
More Tax Hikes Coming: Government’s 2024 Medium Term Revenue Strategy
The Ministry of Finance will seek to increase the GST, green tax and telecom fees as well as import duties...
Fitch Downgrades Maldives’ Rating From B- to CCC+ Citing Worsening External Financing
Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘. An IDR is an...
Ex-President Solih Criticises Muizzu Administration’s Economic Policies, Fiscal Priorities
Former President Ibrahim Mohamed Solih delivered pointed criticism of the Mohamed Muizzu administration’s economic and fiscal strategies, asserting they have...
Minister Saeed, Chinese Banking Executives Discuss Enhancing Cooperation
Economic and Trade Minister Mohamed Saeed has held high-level discussions with senior executives of prominent Chinese financial institutions, including the...
China’s Chongqing Airlines Begins Operations to Maldives
China’s Chongqing Airlines has commenced operations to the Maldives. Chongqing Airlines operated its maiden flight from Chongqing to Malé via...

