News

Two Maldivians arrested for dealing in counterfeit dollars

November 25, 2022, 07:44

Hulhumalé, Maldives - Police have arrested two Maldivians for dealing in counterfeit dollars at a large scale. A 23-year-old man and a 24-year-old woman were arrested in an operation conducted… Continued

Law to be amended to ease foreign investments: Minister Fayyaz

November 25, 2022, 07:32

Malé, Maldives - Economic Minister Fayyaz Ismail today said that the Foreign Direct Investment (FDI) Act is being amended to provide a more favorable environment and ensure security for investors… Continued

TGST hike will bring positive changes in reserves: Gov’t

November 24, 2022, 20:59

Malé, Maldives - President's Office Spokesperson Miuvan Mohammed has said that the increase in TGST will bring positive changes to the government's foreign exchange reserves. Replying to a question from… Continued

President ratifies 4th amendment to Criminal Procedure Act

November 24, 2022, 20:49

Malé, Maldives - President Ibrahim Mohamed Solih on Thursday ratified the fourth amendment bill to the Criminal Procedure Act (Law No. 12/2016). The Parliament passed the bill at the 33rd… Continued

Don’t undermine credibility of financial system: MP Shareef

November 24, 2022, 11:59

Malé, Maldives - Parliamentarian for Maradhoo constituency, Ibrahim Shareef has called on Speaker Mohamed Nasheed to refrain from any remarks which would undermine the credibility of the Maldivian financial system.… Continued

BML announces value ceiling for cheques

November 24, 2022, 11:42

Malé, Maldives - Bank of Maldives (BML) has announced that they will accept cheques up to MVR 50,000 from April 2023 onward. In an announcement, BML stated that this was… Continued

Private beach to be allocated for Hulhumalé guesthouses

November 24, 2022, 09:55

Malé, Maldives - Housing Development Corporation (HDC) has announced that they will designate a private beach for guesthouses in Hulhumalé. HDC said in a statement that it has decided to… Continued

President Solih meets with EU Ambassadors 

November 23, 2022, 16:00

Malé, Maldives - A delegation of the European Union (EU) Ambassadors on Wednesday paid a courtesy call on President Ibrahim Mohamed Solih. The delegation is in the Maldives to attend… Continued

Solih’s government has failed: Siyam

November 23, 2022, 10:47

Malé, Maldives - President Ibrahim Mohamed Solih's Government has failed, MDA leader and MP for Meedhoo constituency Ahmed Siyam said. Siyam criticized the Government on a tweet, saying the people… Continued

Bankruptcy talks are illusions to distract from development: Nihad

November 23, 2022, 10:31

Addu City, Maldives - Opposition's talks of bankruptcy in the government is coming from a point of jealousy, says MP Nihad. Nihad, MP for Addu City Feydhoo constituency is a… Continued