Audit: PGO complied with finance rules in 2024
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MIFCO: Price hike was business‑driven
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Weekslong holdup in cargo clearance at Male’ Port 14 minutes ago It is now taking weeks to clear cargo at the Male’ Commercial Port, leaving multiple containers stuck in ports in other countries, with businesses unable to transport it to Maldives.
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BML action drives Maldives market cap to MVR 62bn
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Andey: Same‑day elections benefit politicians 14 minutes ago Former Economic Minister Ahmed Mohamed (Andey) said Thursday that holding the presidential and parliamentary elections on the same day would benefit politicians rather than the economy or the country’s longâterm stability.
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Economic Minister: Maldives getting new fuel shipments
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SME Digital supports over 4,000 small businesses
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'President more focused on referundum than economy'
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STO implements major fuel price increase for businesses 14 minutes ago Effective Monday, the State Trading Organization (STO) has introduced a significant increase in the prices of petrol and diesel supplied to private businesses.
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MVR 126m modern market to replace local market
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Russia says global energy market needs its oil
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MDA backs holding two elections on same day 10 minutes ago The Maldives Development Alliance (MDA) announced on Tuesday evening that it supports holding the parliamentary and presidential elections on the same day, describing the move as the most responsible choice for the country’s current economic climate.
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MIFCO seeks to expand products in Japanese market
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Oil shock may cost Maldives USD 1m a day 5 minutes ago Former Economic Minister Ahmed Mohamed (Andey) says the ongoing conflict in the Middle East could increase the Maldives’ daily fuel import bill by USD 1 million, warning that the country faces severe exposure to global oil price shocks.
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Solih: Public must know the real impact of the war 7 minutes ago Former President Ibrahim Mohamed Solih has said the public must be given accurate information about the economic difficulties that may arise from the ongoing conflict triggered by the USâ and Israeliâled attacks on Iran.
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Israel: Iran war could cost economy about $3B a week
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'Sukuk to be refinanced after securing ways to repay'
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Economic Minister: Maldives will not run out of fuel
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Nasheed pitches Addu as Indian Ocean trade hub 8 minutes ago Former President Mohamed Nasheed on Monday outlined a proposal to develop a transshipment port and a “green economic corridor” in Addu, connecting East Africa and Southeast Asia.
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Shortage pushes up banana prices to MVR 60 per kilo 9 minutes ago A shortage in supply of bananas in the Traveler’s Market in Male’ has pushed up the price of the popular fruit.
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BML as banking partner for Oevaru Conference
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A multi-million-dollar formula for agriculture? 9 minutes ago To many Maldivians, the idea of generating millions in revenue from local agriculture might seem far-fetched. In an economy deeply anchored in its identity as a luxury global tourism brand, one might question the necessity of looking beyond the lucrative
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HDC opens temporary Roadha Market for Ramadan
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Temporary market for local farmers’ produce opened
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'Govt systematically destroying small business'
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Boduthakurufaanu Magu market area opened for public
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Atoll Business Expo 2026 to be held in Eydhafushi
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Boduthakurufaanu Magu market area opened for public
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MACL takes USD 40M loan to refinance VIA's terminal 7 minutes ago Maldives Airports Company Limited (MACL) has taken a USD 40 million (MVR 618 million) syndicated loan from Sri Lankan banks to refinance a portion of the capital expenditure incurred to build the new international passenger terminal at the Velana International Airport (VIA).
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Road development in Male’ market area completed
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