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...
SDF Deposits in 2023 Exceed MVR 886 Million
The Sovereign Development Fund (SDF) has received MVR 886.7 million so far this year, surpassing the earlier estimate of MVR...
Minister Saeed Seeks to Assuage Public Concerns Over India’s Onion Export Ban
Minister of Economic Development and Trade Mohamed Saeed on Saturday sought to assure Maldivians that the country will not be...
China Assures Increased Investment, Development Projects: Minister Saeed
China has assured that it will increase investment and development projects in Maldives, Economic Minister Mohamed Saeed said on Thursday....
Local Councils To Get Broader Jurisdictional Authority Over Uninhabited Islands, Lagoons
The Muizzu administration will allow island councils to incorporate nearby uninhabited islands and lagoons into their jurisdiction under specific guidelines...
Saudi Arabia Approves Trade Agreement With Maldives
The Kingdom of Saudi Arabia’s cabinet has agreed to enter into a trade agreement with the Maldives, the Maldives’ Ministry...
Maldives’ Credit Rating at B-,Outlook Negative, Says Fitch Ratings
Fitch Ratings has affirmed the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a ‘negative outlook.’ In Fitch’s...
