Business

MP Nashiz appointed as budget committee chair for 3rd consecutive year

November 1, 2021, 17:28

Male’, Maldives – The Budget Evaluation Committee of the Parliament of Maldives has appointed Kinbidhoo constituency MP, Mohamed Nashiz as the chair of the 2022 budget committee. The committee appointed Alifushi… Continued

Government proposes MVR 36.9 billion as budget for 2022

October 31, 2021, 15:23

Malé, Maldives - Minister of Finance Ibrahim Ameer, ealier today, presented the proposed budget for the year 2022 to the Maldives parliament. The proposed budget by the state for the… Continued

IAS & Gan International Airport sign lease agreement for Addu Flight Training School

October 28, 2021, 16:56

Addu City, Maldives - Island Aviation Services (IAS) and Gan International airport today signed a lease agreement for the establishment of the Addu Flight Training School to be managed by… Continued

Price hikes due to appalling services at Addu City Port

October 26, 2021, 19:44

Malé, Maldives - The Managing Director of Maldives State Shipping (MSS) Abdulla Saeed stated today that the prices of goods are unstable due to the appalling service received at the… Continued

CAG of India and Auditor General of Maldives sign MOU to strengthen public audit

October 25, 2021, 20:24

Malé, Maldives - The Auditor General’s Office of the Maldives and the Comptroller and Auditor General of India signed a Memorandum of Understanding (MOU) on 24 October 2021 to strengthen… Continued

Parliament rejects motion to provide sovereign guarantee to private companies

October 25, 2021, 14:07

Malé, Maldives - The Parliament of Maldives today rejected a motion proposed to provide easy access to sovereign guarantees for large private businesses. The motion submitted by the MP for… Continued

President Solih announces nationwide housing project of MVR 1.2 billion

October 24, 2021, 14:42

HDh. Atoll, Maldives - President Ibrahim Mohamed Solih has stated that a nationwide housing project of MVR 1.2 billion is set to commence in 2022. The President stated that the… Continued

JUST IN: Construction of Hithadhoo-Maradhoo bridge commences

October 23, 2021, 21:19

Addu City, Maldives - The construction of the bridge connecting Addu City's Maradhoo and Hithadhoo, Gaukendi district have commenced today. The USD 147.1 million project to develop the roads of… Continued

India provides grant assistance of USD 2.3 million for Community Development Projects in the Maldives

October 21, 2021, 18:38

Malé, Maldives - The Maldives and India government have signed Memorandum of Understandings (MOUs) under the Indian grant assistance scheme for eight High Impact Community Development Project (HICDP) through local… Continued

Maldives prints MVR 20 notes amid low stock

October 14, 2021, 18:33

Malé, Maldives - The Maldives Monetary Authority (MMA) stated today that MVR 20 notes have been printed and brought to the country amid low stocks. MMA stated that MVR 20… Continued