Imports revenue at MVR 4.2 billion in January 2022
Male’, Maldives — The Maldives Customs Service on Saturday stated that import revenue grew by 49 percent earning MVR 4.2 billion in January 2022. The latest statement revealed by the… Continued
Business
National Airline Maldivian signs MOU with Emirates to expand operations
Male', February 10, 2022-Island Aviation Services Limited (dba. Maldivian) is pleased to announce that Maldivian has signed a Memorandum of Understanding (MoU) with Dubai-based Emirates airline to explore codeshare, interline,… Continued
Over MVR 2.6 billion to be spent on Addu development projects: President Solih
Malé, Maldives - President Ibrahim Mohamed Solih today stated that over MVR 2.6 billion will be spent on development projects in Addu City. The President said this while giving the… Continued
Corrections request Police to find Ashad
Malé, Maldives - The President's Office confirms that the State Minister for Youth and Sports Ashad Ali has been fired following a jail sentence by the Criminal Court of Maldives.… Continued
Four ferries transferred to HDh. Atoll for Phase 1 of Integrated National Public Ferry Network
Malé, Maldives - Four ferries built as part of the Integrated National Public Ferry Network have been transferred to HDh. Atoll under the Raajje Transport Link (RTL). Preparations are underway… Continued
City Council accepting applications for flats in Addu City’s Hulhudhoo district
Addu City, Maldives – Addu City Council has announced that 37 flats are open for application in the Hulhudhoo district of the southernmost city. The Addu City Council has decided to open… Continued
BML earns record Profit After Tax of MVR 1.7 billion in 2021
Malé, Maldives - Bank of Maldives stated today that the bank has recorded its best-ever performance in 2021 with unaudited figures for the full year showing a record Profit After… Continued
Govt. postpones setting price ceiling for pharmaceutical drugs amid pushback
Malé, Maldives – The implementation of a price ceiling or a maximum retail price (MRP) for pharmaceutical drugs have been postponed from January 1 to March 1, 2022. The new… Continued
Addu City Council passes MVR 220 million budget for 2022
Addu City, Maldives - Addu City Council today passed a budget of MVR 220 million for the year 2022. The budget was passed unanimously at the Addu City Council meeting… Continued
EXIM Bank of India extends USD 34 million for Hulhumalé Social Housing Projects
EXIM Bank of India has disbursed USD 34 million advance payment in connection with the Social Housing projects being executed under Buyers’ Credit in Hulhumale’ Phase II. This marks commencement… Continued
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