Maldives Airports Company (MACL) today confirmed that the rumors on MACL leasing the new seaplane terminal to TMA, are inaccurate and they do not have...
Category: Economy
80% percent of the state budget will be achieved
Ministry of Finance declared that 80% of the 2019 state budget will be achieved by the end of this year, on Tuesday.While speaking to the...
ADFD to Finance Greater Male’ and Addu Projects.
Abu Dhabi Fund for Development (ADFD) is willing to finance projects in the Maldives such as creating links between the islands in the Greater Male’...
The blue print of the new era!
President Ibrahim Mohamed Solih on Wednesday declared that the administration’s Strategic Action Plan (SAP) is organized, definitive, prioritized and time-bound.While speaking at the ceremony held...
MVR 3.2 Billion As Endowment
Minister of Finance, Ibrahim Ameer stated that they have received MVR 3.2 billion this year as endowment from different countries.In his statement, he highlighted the...
Number of Tourists Increased by 16% in the Month of August.
Minister of Tourism Ali Waheed stated that there was a 16% increase in tourists in the month of August 2019.According to statistics published by the...
Bank Loans Issued Increases by 5%
Bank loans issued during the second quarter of the year increased by 5% compared to the previous year.According to the quarterly bulletin report published by...
Maldives’ Economic Growth Slows Down
The Maldives economic growth slowed down during the first quarter of 2019.According to the Quarterly Bulletin Report published by Maldives Monetary Authority (MMA), the Gross...
China says Maldives is not ‘mired in a Chinese debt trap’
The Maldives are not “mired in a Chinese debt trap”, the Chinese government’s top diplomat told the visiting Maldivian foreign minister, amid fears in the...
MTCC to Develop a Water and Sewerage System in Gaadhiffushi
The Maldives Transport and Contracting Company (MTCC) signed a contract with the Ministry of National Planning and Infrastructure to develop a water and sewerage system...
Maldives to Cochin: Why Is The Shortest Route The Most Expensive?
The national airline of Maldives “Maldivian” has released their scheduled flights from Maldives to Cochin for the upcoming month, with flights taking off to Cochin...
Dredging for Faresmathoda Airport Development has been Completed.
Dredging works needed in the development of Faresmathoda Airport has been completed.According to Faresmathoda Council member Yasir Mohamed, the land has been reclaimed between four...