The Maldives “will not entertain” private arms depots, the government has declared, after it emerged that a Malta based maritime security firm was planning to set...
A Malta company has confirmed plans to set up a private armory in a northern island in the Maldives, supervised by the Maldivian army, to cater...
“The ministry believes that the mobile phone business has much potential. We would like to encourage and pave way for locals to invest in the trade,"...
Saeed told reporters the main target of this year's forum will be "opening the eyes of the world" to the potential of the Maldives' banking and...
"The purpose of the project is to develop controlled environment protected cropping. Temperature controlled greenhouses will be used to grow European variety salad crops and various...
The finance ministry has put a halt to spending on development projects in a bid to reign in a ballooning budget deficit. The ministry has also...
High levels of public debt "driven by high and rising public spending" is the immediate macroeconomic challenge facing the Maldives, observed the World Bank's South Asia...
"[Mohamed] Musthafa has been presiding over Maafushi council meetings and participating in the decision making process of matters directly relating to guest houses of the island....
Mariyam Hussein Didi, assistant governor of MMA, told reporters on Monday that some 20 counterfeit MVR500 notes had reached the bank so far.
After registering a four percent decline in July, arrivals from China increased by 7.8 percent in August despite a slowdown in the Chinese economy and a...
The government has ceased filling vacancies in the civil service in a bid to reduce recurrent expenditure. The cost cutting measures suggest the government was unable...
An Australian mining company Stonehenge Metals has announced plans to install a 2MW wave energy farm off the coast of Hanimaadhoo Island.
The Maldives has pledged to reduce greenhouse gas emissions by 10 percent before 2030 in a new action plan. The target falls far short of ambitious...
The project to develop a domestic airport in Noonu Maafaru was awarded in November 2013 to Millennium Capital Investment - a local company involved in a...
The housing ministry on September 17 opened up a call for proposals for 7,120 social housing units and 3000 medium-end housing units on the newly reclaimed...
A High Court verdict barring banks from imposing limits on the amount of money customers can withdraw from their accounts is a "risky move" that could...
The government had said that a joint venture agreement would be signed with the global marine terminal operator in April, but Fisheries Minister Dr Shainee revealed...
