The Bank of Maldives recorded a substantial expansion in international financial activity during the first quarter of the year, as a robust influx of foreign capital was met by a significant rise in o...
State revenue and grants increased by 11.6 percent, according to the Weekly Fiscal Development Report released by the Ministry of Finance and Public Enterprises.
The report shows that as of April 16,...
During a meeting held with the Ministry of Economic Development, Transport and Trade, discussions were held on a broad scale regarding exporting Maldivian fish products to China’s Sichuan Province. Th...
Minister of Economic Development, Transport and Trade, Mohamed Saeed, has committed to addressing widespread concerns regarding the administration of the government's taxi loan scheme, vowing to ensur...
The government has announced plans to construct a dedicated building to house the Ministry of Infrastructure, Housing and Urban Development, marking a significant move to address the chronic shortage...
The government has settled two major debts totalling nearly USD 1 billion this quarter, easing immediate pressure on the economy amid recent concerns over fiscal stability.
The most substantial paymen...
In a wide-ranging press conference on 20 April, President Dr Mohamed Muizzu outlined a significant shift in his administration's approach to governance, firmly stating he will not pursue further const...
Rising global oil prices driven by unrest in the Middle East are placing pressure on Maldivian fishermen, prompting government intervention to ensure continued fishing operations.
The government, unde...
Parents have been urged to remain vigilant against child abuse by Minister of Homeland Security, Labour and Technology Ali Ihusaan, amid a rise in reported cases.
Speaking to journalists, the Minister...
The Road Development Corporation (RDC) has trained a large number of technical personnel to operate and maintain its newly acquired fleet of heavy vehicles.
The fleet, comprising 230 vehicles, was bro...
