MIFCO Lowers Purchase Price of Skipjack Tuna Amid Financial Challenges
Maldives Industrial Fisheries Company (MIFCO) on Monday reduced the per kilogram purchase price of Skipjack tuna from MVR 25 to...
Parliamentary Motion Urges Expedited Payments to Fishermen as Concerns Grow Over Unpaid Dues
A resolution has been introduce to Parliament calling on the current administration to pay fishermen their dues as soon as...
IMF Cautions Maldives on Slowdown After Positive Post-Pandemic Growth, Urges Implementation of Proposed Fiscal Reforms
The Maldives’ post pandemic growth has been strong, but recently normalised, with growth in 2024 projected at 5.2 percent even...
Maldives’ Economy Set To Grow by 5%, on Par With Other Developing Countries: IMF Report
The Maldives’ economy will grow by five percent this year, the International Monetary Fund (IMF) has forecast in its Global...
Government Will Introduce MVR 100 Million Loan Scheme for Women Entrepreneurs: Minister Aishath Shiham
Minister of Social and Family Development Aishath Shiham has announced a MVR 100 million loan scheme that will seek to...
Maldivian Trade Delegation Invited to US: Minister Saeed
A Maldivian trade delegation has been invited to visit the United States of America, Minister of Economic Development and Trade...
Saeed Unveils Strategic Expansion of VIA’s Cargo Terminal
Minister of Economic Development and Trade Mohamed Saeed has announced that the government is planning to significantly expand the cargo...
November Inflation Down on Average, Rose for Key Commodities
Prices of goods and services fell in November compared to October this year, the National Bureau of Statistics (NBS) has...
International Flights to Maldives Jump 15% Compared to Pre-Pandemic Figures: MMA
The number of international flights to the Maldives in the third quarter (Q3) of this year increased by 15 percent...
Bunkering Facility Project at Ihavandhippolhu to Move Ahead
The government is reviewing the agreement for the Ihavandhippolhu Atoll bunkering facility project, to provide refuel and services to marine...
