Speaking at a ceremony held this morning for signing the loan agreement, finance minister Abdulla Jihad said the loan was arranged within two to three months,...
The Maldives and China signed a memorandum of understanding (MoU) today to launch negotiations to establish a free trade agreement between the countries.
The immigration department has widened the age range for foreign domestic servants, drivers and attendants to between 23 and 58 years of age.
The MDP has expressed concern over a "ballooning budget deficit," and said the Maldives will not meet targeted 1.4million arrivals, or raise expected revenue from SEZs.
Arrivals from China declined last month by 4 percent compared to July 2014. However, Total arrivals from January to July rose 1.7 percent compared to the...
The government has reduced the minimum reserve requirement (MRR) for commercial banks at the Maldives Monetary Authority (MMA) from 20 percent to 10 percent, Vice President...
Mauroof Ahmed, the secretary general of TEAM, said delays and non-payment are common in resorts operated by three Maldivian companies - Villa Hotels, J Resorts and...
Economic development minister Mohamed Saeed told the press on Thursday that more than 3,400 invitations have been sent out ahead of the 2nd edition of the...
A number of Maldivian workers at a Villa Group resort have gone on strike over unpaid service allowances. The company is struggling after months of government...
Dutch Docklands, the company which plans to build a floating 18-hole golf course in the Maldives, has announced a new project to build luxury floating island...
A three-year study by the Asian Development Bank (ADB) titled “The Maldives: Overcoming The Challenges of a Small Island State” found that the government’s effectiveness declined...
The government has identified several plots of lands in Fuvahmulah to lease or sell for economic development, without consultation with the island's residents or its council.
Fisheries minister Dr Mohamed Shainee held a press conference at the president's office with officials from the company yesterday amidst skepticism over the possibility of extracting...
On the government's request, the Chief Justice Abdulla Saeed has agreed to expedite judicial processes in cases involving unpaid loans so that a final judgement could...
Migrant workers found working as cashiers will be deported immediately, the department of immigration has warned. A “special raid operation” has been launched in Malé today...
President Abdulla Yameen today inaugurated a US$80 million project for the construction of a multi-specialty tertiary hospital in Hulhumalé by Tree Top Investments.
Changes brought to the public finance regulations by the finance ministry in late May has authorised the cabinet to award 'mega projects' and projects carried out...
