Business

Pilots agree to fly after Maldivian issues verbal concession

September 12, 2021, 12:54

Malé, Maldives - The pilots of national airline Maldivian have cancelled their strike scheduled for 16:00 today after the airline management agrees to pay their full salary. The pilots stated… Continued

Government to hold talks to ensure fair tuna prices

September 8, 2021, 14:54

Shaviyani Atoll, Maldives - President Ibrahim Mohamed Solih has assured the fishermen of Sh. Foakaidhoo island that the government would hold talks with private parties to ensure fair prices for… Continued

Planning Minister refuses to provide justification for R. Alifushi Airport construction

September 6, 2021, 12:12

Raa Atoll, Maldives - Planning Minister of Maldives, Mohamed Aslam refrained from responding to the Government's sudden plan to construct an expensive airport in Raa Atoll by reclaiming the lagoon… Continued

Govt. of Maldives & EXIM Bank of India sign USD 40 million LOC for Sports infrastructure development

September 2, 2021, 13:38

Malé, Maldives - A USD 40 million Line of Credit (LOC) was signed between the government of Maldives and EXIM Bank of India earlier today. The LOC initially offered during… Continued

Maldives Trade Union Congress request the State to ratify Industrial Relations Bill

September 2, 2021, 09:53

The Maldives Trade Union Congress (MTUC), an association representing different labour rights associations met with President Ibrahim Mohamed Solih on Thursday and requested the President to ratify a law on… Continued

Thilafushi Link Project to commence in January 2022

September 1, 2021, 16:00

Malé, Maldives – Spokesperson of the President's Office Mabrook Azeez has said that the construction of the Malé - Thilafushi Link Project, as part of the Greater Malé Connectivity Project… Continued

Finance Minister forecasts GDP jump to USD 10 billion in the near future

August 26, 2021, 16:27

Malé, Maldives - Finance Minister Ibrahim Ameer, today, said that the Maldives GDP will double and jump to USD 10 billion in the upcoming years. Speaking at the agreement signing… Continued

Government of Maldives and India’s Afcons Infrastructure Limited sign Thilafushi bridge agreement

August 26, 2021, 14:08

Malé, Maldives - The government of Maldives and Afcons Infrastructure Limited, today, signed the agreement regarding the Greater Malé Connectivity Project, that connects capital city Malé and industrial island Thilafushi.… Continued

Business Visa requests accepted from Economic Ministry portal

August 26, 2021, 11:09

Male', Maldives - A regulatory reform update has been made to request for Business Visa's at the Economic Ministry portal from August 25, 2021 onwards. The regulations gazetted by the… Continued

Govt. liquidates 9 State-owned companies including Felivaru, Koodoo Fisheries

August 26, 2021, 09:45

Male', Maldives - Finance Ministry of Maldives revealed this Wednesday that there are currently nine state-owned companies assigned for liquidation. The latest list released by the Finance Ministry shows nine… Continued