Business

IMF cautions Maldives against central bank financing of the government

October 9, 2021, 16:54

Unites States - The Executive Board of the International Monetary Fund (IMF) have cautioned cautioned against central bank financing of the government and encouraged developing a comprehensive debt management strategy,… Continued

Economic Minister to approve minimum wage next week

October 6, 2021, 16:39

Malé, Maldives - The Maldives Ministers of Economic Development Fayyaz Ismail Fayyaz Ismail has said that the minimum wage will be approved next week without any changes to the figures… Continued

MMPRC Corruption: Transparency Maldives condemns non-prosecution agreement with SOF

October 4, 2021, 18:49

Malé, Maldives - Transparency Maldives on Monday condemned the non-prosecution agreement made between the Prosecutor General's Office (PGO) and Scores of Flair (SOF), a private company implicated in the Maldives… Continued

Maldives reiterates commitment to exploring further avenues of cooperation with Saudi Arabia

September 29, 2021, 16:30

Malé, Maldives - Minister of Defence Mariya Didi has reiterated Maldives’ commitment to exploring further avenues of cooperation with Saudi Arabia, especially in the Defence and Security domain, and pledged… Continued

Maldives Economic, Finance Ministers discuss economic relations during official visit to Qatar

September 29, 2021, 15:49

Doha, Qatar - A high level delegation from Maldives, including the Finance and Economic Ministers, have met with several Qatari counterparts in an official visit to enhance Qatar-Maldives bilateral relations.… Continued

Minimum wage determination delayed until October 10

September 29, 2021, 15:21

Malé, Maldives - The minimum wage determination has been rescheduled again, with the target date set for 10 October 2021. Speaking to local news Dhauru, the Chairman of the Wage… Continued

Reduced mobile internet rates to be announced by October 1: CAM

September 28, 2021, 17:05

Malé, Maldives - Communication Authority of Maldives (CAM), today, stated that the reduced internet rates will be announced by telcos latest by Friday. Speaking to local news Mihaaru the CEO… Continued

Machinery for the Addu Road Development Project arrives in Addu City

September 28, 2021, 15:23

Addu City, Maldives - The machinery required for the Addu Road Development Project has been brought to Addu City this afternoon. Machinery brought for Addu Road Development Project Originally tweeted… Continued

MACL refuses to disclose the salary of upper management

September 25, 2021, 17:29

Malé, Maldives - Maldives Airports Company Limited (MACL) has refused to disclose the salaries of the upper management including CEO and directors, despite order by Information Commissioner's Office (ICOM). ICOM,… Continued

MTCC launches high-speed ferry for Integrated National Public Ferry Network

September 25, 2021, 15:24

Malé, Maldives - The first high-speed ferry for the Integrated National Public Ferry Network has been launched today. Phase 1 of the Integrated National Public Ferry Network was contracted to… Continued