Government Slashes Over MVR 2 Billion from 2024 Budget Amid Funding Shortfall
The Muizzu government has reduced more than MVR 2 billion from this year’s MVR 49.8 billion budget as part of…
Maldives Lowers 2024 Overall Growth Projection from 5.5% to 4.9%
The nation’s growth outlook will be lower than expected this year, the Ministry of Finance projected in its Macro Economic…
Radiant Engineering Appointed Authorised Dealer for JCB in Maldives
Radiant Engineering is now the authorised dealer for the entire range of JCB machinery and equipment in the Maldives. JCB…
Over 30% of Thilamalé Bridge Complete; Project 1.2% Ahead of Schedule
Over 30 percent of the India-funded Thilamalé Bridge project has been completed, Minister of State for Construction and Infrastructure Ibrahim…
Tourism Job Market Expanded in Q4 of 2023: MMA Report
The tourism industry saw an increase in jobs in the last quarter of 2023, the Monetary Authority of Maldives (MMA)…
Muizzu Administration to Establish MTCC ‘Twin’ to Relieve Overly Burdened SOE
The administration will establish a twin company to provide services similar to that of Maldives Transport and Contracting Company (MTCC)…