Dhiraagu Renews Support for Maldivian Red Crescent’s Humanitarian Efforts
Dhiraagu has renewed its partnership with the Maldivian Red Crescent (MRC) under the Partners for Humanity Initiative for 2025-26, reaffirming its commitment to supporting humanitarian services across the country.
The renewed agreement will allow MRC to continue providing essential services, including first aid, psychological and social support, as well as disaster response and recovery...
Police Warn of Sophisticated Cryptocurrency Scam Targeting Foreign Workers in Maldives
A new and sophisticated scam targeting foreign workers in the Maldives has already resulted in losses exceeding MVR 2.9 million, according to the Maldives Police Service. The scheme, which mainly affects Chinese nationals, exploits both cryptocurrency dealers and unsuspecting foreign nationals exchanging money.
Here’s what’s happening
The scam begins when...
Chief AI Officers: Trend or Transformation for Businesses?
The rise of artificial intelligence has introduced a new figure to the corporate leadership table: the Chief AI Officer (CAIO). This emerging role is already taking shape in large corporations and institutions globally, reflecting the urgency with which businesses are trying to embed AI into their strategy and operations.
The CAIO’s mandate is simple...
MACL to Develop Fitness and Recreation Centres in 63 Islands
Maldives Airports Company Limited (MACL) has signed a Memorandum of Understanding (MoU) with the Ministry of Sports, Fitness, and Recreation to establish fitness and recreation centres in 63 islands across the Maldives.
The signing ceremony took place at H. Meeru Maa. MACL’s Chief Executive Officer and Managing Director, Ibrahim Shareef Mohamed, signed on behalf...
Water and Sewerage Deadline Extended to 2027 with New Standards for Service Providers
President Dr Mohamed Muizzu has ratified an amendment to the Water and Sewerage Act, extending the deadline to establish water and sewerage services across all inhabited islands to 2027.
The Act, first passed in 2020, required the government to provide water and sewerage services to every inhabited island within five years. While significant progress...
MMA to Gain Wider Oversight as Parliament Approves Payment System Amendment
Parliament has approved a legislative amendment to the National Payment System Act, introducing extensive reforms aimed at tightening financial oversight and combating unauthorised transactions.
The government’s amendment, passed with the support of 63 lawmakers on Monday, grants the Maldives Monetary Authority (MMA) new statutory powers to establish companies, partnerships, or joint ventures to operate...
Japan Hands Over Vessels to Strengthen Maldives’ Policing Capacity
The Government of Japan has handed over eight vessels to the Maldives Police Service under its Economic and Social Development Programme, aimed at enhancing the country’s maritime security and policing capacity.
In a ceremony held in Malé, the Ambassador of Japan to the Maldives, Her Excellency Ishigami Rumiko, officially presented five launch vessels and...
WAMCO Denies Plans to Enter Local Tourism, Reaffirms Focus on Waste Management
The Waste Management Corporation Limited (WAMCO) has dismissed speculation that it is venturing into local tourism, stating that its focus remains on strengthening waste management services while working with the private sector to diversify revenue streams.
Rumours circulating on social media suggested the company was looking to acquire land from islands in exchange for...
MIRA Seeks Prosecution in Major Tax Evasion Case Against Hope Travels
The Maldives Inland Revenue Authority (MIRA) has launched a major investigation and filed charges against Hope Travels, a company operating ferry services in Shaviyani and Noonu atolls, on suspicion of large-scale tax evasion.
According to MIRA, the case centres on tax filings covering July 1, 2020, to May 31, 2023. The authority alleges that...
Gov’t Expands Food Security Programme with Tree Distribution in Shaviyani Atoll
The Ministry of Agriculture and Animal Welfare has supplied more than 1,000 trees to four islands in Shaviyani Atoll under its Food Security Programme, part of broader efforts to strengthen food security across the Maldives.
According to the Ministry, a total of 1,159 plants were provided this month through its Hanimaadhoo centre in Haa...
Welcome to What Will Be the Maldives’ Most Iconic Gated Neighbourhood
On the northeastern edge of Hulhumalé Phase 2, Aséria brings together modern architecture, environmental sensitivity, and Maldivian design traditions. This project features 73 homes in three types: Beach, Garden and Urban. Each is designed to work with the climate, maximise natural light and ventilation, and accommodate both modern living and multi-generational households.
Homes...
WAMCO Seeks Investors for Island Development to Fund Waste Management
The Waste Management Corporation (WAMCO) has announced that it is seeking investors to develop island areas under a contractor-financed model, as part of efforts to raise funds for sustaining waste management services in local communities.
According to the company, several island councils have provided WAMCO with land in exchange for its waste management services....
Services Sector Felt Biggest Price Rise After 2023 Tax Increase, Study Shows
A new study by the Maldives Monetary Authority (MMA) has found that the January 2023 increase in Goods and Services Tax (GST) pushed up the cost of living across the country, especially in services like transport, hotels, and healthcare.
GST is a tax added to most goods and services that people buy. In January...
Tourist Arrivals in Early August Show Slower Growth Compared to Previous Months
Tourist arrivals to the Maldives in the first half of August reached 107,847, up 4.4 percent compared with the same period last year. The average daily arrival stood at 6,740, reflecting a steady but more modest increase than the double-digit growth recorded in most other months of 2025.
By 16 August, total arrivals for...
Favara Drives 20% Growth in Account Transfers as Cash Use Falls
The latest Payments Bulletin from the Maldives Monetary Authority (MMA) shows a sharp acceleration in the country’s transition to digital payments, with account transfers, card usage, and the Favara instant payment system replacing traditional methods like cheques and cash withdrawals.
In 2024, more than 132 million account-to-account transfers were made, valued at over MVR...
MT Hawks Liberty Joins Hawks Fleet as Nation’s Biggest Private Tanker
The Hawks Pvt Ltd has expanded its fleet with the acquisition of MT Hawks Liberty, now the largest oil tanker owned by a private company in the Maldives. With a carrying capacity of over 25,415 metric tonnes, the vessel represents a significant milestone for the fuel and logistics provider.
The company said the acquisition...
Corporate Maldives to Launch Job Fair as Flagship Addition to Bizweek 2026
We are excited to announce that we will be hosting our first-ever Job Fair in 2026, which will stand as a flagship addition to Bizweek. This new initiative is designed to connect job seekers with leading employers across the Maldives, opening doors to internships as well as semi-skilled and skilled opportunities.
Through the Corporate...
VIA’s Terminal 1 Expands with Arrival of Luxury Carrier beOnd
Velana International Airport’s Terminal 1 has reached another milestone in its phased operations as beOnd commenced services from the new facility. The luxury carrier is the third airline to begin operating from the terminal, following the relocation of Maldivian and Air Arabia.
The occasion was marked with a ceremony attended by Minister at the...
President Muizzu Hails India as Maldives’ Trusted Partner on Independence Day
President Dr Mohamed Muizzu has extended greetings to India on the occasion of its Independence Day, highlighting the close bond between the two neighbours as they mark six decades of diplomatic relations this year.
In a message shared on X, the President conveyed best wishes to President Droupadi Murmu, Prime Minister Narendra Modi, and...
Dhiraagu Signs as Main Partner for ITF Maldives Junior Open 2025
Dhiraagu has signed on as the Main Partner for the ITF Maldives Junior Open 2025 – J30, marking the first International Tennis Federation (ITF) event to be hosted in the Maldives.
Organised by the Tennis Association of Maldives (TAM), the tournament will take place from 16 to 30 August 2025 at the National Tennis...
President Ratifies 16th Amendment to Decentralisation Act Amidst Council Opposition
President Dr Mohamed Muizzu has ratified the 16th Amendment to the Decentralisation Act, bringing into force a series of reforms that redefine the scope of financial and administrative powers granted to local councils. The bill, passed by Parliament on 6 August with 45 votes in favour and seven against, has now been published in the Government Gazette.
How Parliament Has Lost Its Voice: No Debate, Only Deals
Parliament is supposed to be the nation’s forum for ideas and debate. At its best, it is the space where competing visions meet, where ideas are tested by fire before becoming law. In the Maldives today, that space has narrowed to the point of irrelevance. Debate is discouraged, dissent is a liability, and legislative work is too...
Maldives-China FTA: Online Certificate of Origin Process Begins for Exporters
Maldives Customs Service has announced that exporters can now apply online for the Certificate of Origin required for goods exported to China under the Maldives-China Free Trade Agreement (FTA).
Starting 15 August, applications will be available through the Customs portal, where exporters can submit the necessary documents and payments. Approval notifications will also be...
VIA’s New International Terminal Welcomes First Foreign Airline
Velana International Airport’s (VIA) new international passenger terminal welcomed its first foreign carrier on Tuesday, marking the start of phased operations for the 72,000 square metre facility. Air Arabia became the first international airline to operate from the new Terminal 1, following a ceremonial ribbon-cutting that signalled the milestone in the airport’s development.
Initially...
LATEST ARTICLES
Dhiraagu Renews Support for Maldivian Red Crescent’s Humanitarian Efforts
Dhiraagu has renewed its partnership with the Maldivian Red Crescent (MRC) under the Partners for Humanity Initiative for 2025-26, reaffirming its commitment...
Police Warn of Sophisticated Cryptocurrency Scam Targeting Foreign Workers in Maldives
A new and sophisticated scam targeting foreign workers in the Maldives has already resulted in losses exceeding MVR 2.9 million, according to...
Chief AI Officers: Trend or Transformation for Businesses?
The rise of artificial intelligence has introduced a new figure to the corporate leadership table: the Chief AI Officer (CAIO). This emerging...
MACL to Develop Fitness and Recreation Centres in 63 Islands
Maldives Airports Company Limited (MACL) has signed a Memorandum of Understanding (MoU) with the Ministry of Sports, Fitness, and Recreation to establish...
Water and Sewerage Deadline Extended to 2027 with New Standards for Service Providers
President Dr Mohamed Muizzu has ratified an amendment to the Water and Sewerage Act, extending the deadline to establish water and sewerage...
