Police Investigate Alleged Information Leak at MMA
Police entered the Maldives Monetary Authority (MMA), the country’s central bank, on Wednesday and Thursday to investigate the alleged leak...
Muizzu Government Pushes Swift Constitutional Amendment to Block MP Defections
The Muizzu government has proposed a constitutional amendment to prevent parliamentarians from switching political parties and to mandate the loss...
National Budget 2025: US$705 Million Surge in Reserves Projected as Usable Reserves Decline
State reserves are expected to increase by US$705 million next year, spurred on by the recent change in foreign exchange...
Muizzu Stands Firm on Controversial Forex Policy Despite Industry Backlash
President Mohamed Muizzu has reaffirmed his commitment to the Maldives Monetary Authority’s (MMA) controversial foreign exchange rules, dismissing widespread opposition...
Maldives Launches First Development Bank
President Mohamed Muizzu officially inaugurated the Development Bank of Maldives (DBM) on Saturday night. The nation’s first development bank will...
STO Chairman Amir Mansoor Hits Out at Government’s New Foreign Exchange Rule
Prominent businessman and State Trading Organization (STO) Chairman Amir Mansoor has criticised the government’s new foreign exchange regulation, declaring he...
Muizzu Indirectly Criticises Resort Owners Amid Foreign Exchange Dispute
President Mohamed Muizzu issued an indirect critique of the country’s leading hoteliers on Thursday, accusing some business figures of prioritising...
Muizzu’s Top Tourism Advisor Joins Growing Opposition to Foreign Exchange Regulation
A senior advisor to President Dr Mohamed Muizzu has joined the expanding chorus of protests against the Maldives Monetary Authority’s...
Universal Enterprises Raises Concerns Over New Foreign Exchange Rules in Letter to MMA
Universal Enterprises Pvt Ltd, one of the Maldives’ largest hospitality companies, has formally voiced its opposition to the Maldives Monetary...
National Budget 2025: SOE Salaries Should Be on Par With Civil Servants, says MMA Governor
The Governor of the Maldives Monetary Authority (MMA), Ahmed Munawar, has said that salaries of employees at state-owned enterprises (SOEs)...
