Parliament Approves MVR 56.6 Billion Budget, Contingent on Project Details
The Parliament Budget Committee has approved the MVR 56.6 billion budget for 2025 , with no revisions, contingent on the government providing deta…
Business & Economy
Maldives to Establish Consortium for Implementation of UPI
A significant development is on the horizon for the Maldives as a consortium is being formed to implement India’s Unified Payment Interface (UPI) a…
Maldives Tax Revenue Climbs 93% in September, MIRA Reports
The Maldives Inland Revenue Authority (MIRA) has reported a significant increase of 93% in revenue for September, collecting a total of MVR 2.3 bi…
MPL to Reduce Free Storage Time for Goods at Male' Commercial Harbor to Tackle Overcrowding
Maldives Ports Limited (MPL) CEO Mohamed Wajeeh Ibrahim has announced a reduction in the free storage period for goods at the Male' Commercial …
WAMCO Takes Over Waste Management for Vessels Docking for Bunkering Services
Maldives Ports Limited (MPL) has officially handed over the responsibility of managing waste from vessels docking at the Maldives Economic Gateway …
Qatar and Ooredoo Strengthen Collaboration for Future Growth
Qatar’s newly appointed Ambassador to the Maldives, Jassim bin Jaber Jassim Al Sorour, has pledged to strengthen Qatar’s partnership with Ooredoo M…
Indian Citizen Arrested on Money Laundering Charges Found with USD 100,000
An Indian national arrested on money laundering charges was found with USD 100,000 in his possession. The suspect, identified as Abdul Ragub Nisth…
Total Reserve Increases to USD 444 Million, Usable Reserve at USD 61 Million
Recent data from the Maldives Monetary Authority (MMA) reveals that the national reserves of the Maldives experienced an impressive 11% increase b…
MPL Launches Uthuru Maritime Services Website to Enhance Northern Region Operations
Maldives Ports Limited (MPL) has officially launched the Uthuru Maritime Services (UMS) website, a new digital platform designed to provide compreh…