Economic Minister predicts boom in economic activity next year
Minister of Economic Development and Trade Mohamed Saeed has predicted a boom in economic activity next year. He made the remarks during the "Transforming Tomorrow"...
MIFCO reports 35% increase in revenue
Maldives Industrial Fisheries Company (MIFCO) has reported a revenue of USD 20.8 million from the sale of its 'Fasmeeru' products in the previous year, reflecting...
HDC launches several transformative projects for Hulhumale’
Housing Development Corporation (HDC) has launched several projects, which are bound to bring revolutionary transformations to Hulhumale'. The projects were offically inaugurated by the Minister...
USD 646 million in annual subsidies unsustainable: Construction Minister
Minister of Construction and Infrastructure Dr. Abdullah Muththalib has stated that the government currently spends USD 646 million annually on subsidies for essential services, a...
President Muizzu calls for urgent and transformative action on climate change
President Dr. Mohamed Muizzu calls for urgent and transformative action on climate change, stressing that for small island nations, climate change is a present and...
Maldives calls on wealthy nations to share SDR reserves with smaller countries
Maldives has called on wealthy nations to share Special Drawing Rights (SDR) reserves with small island nations. The statement was made by the Minister of...
Low-carbon development is a necessity, not a choice: President Muizzu
President Dr. Mohamed Muizzu has described the International Zero Carbon Island initiative as a critical step forward in the global effort to combat climate change....
38 projects completed despite budget constraints: Construction Minister
Minister of Construction and Infrastructure Dr. Abdulla Muththalib stated that the current administration has ensured the completion of 38 developmental projects, regardless of the budget...
MIRA receives USD112 million in October; 30.5% more than expected
Maldives Inland Revenue Authority (MIRA) has received USD 112 million in October, which is a 14.2% decrease compared to the same month the previous year....
Tourist arrival jumps to 1.7 million; a notable progress
The Ministry of Tourism has revealed that the Maldives has welcomed over 1.7 million tourists, a remarkable increase of 9.5% compared to the same period...