Author: Mohamed Reehaan
State Trading Organization (STO) on Wednesday, February 25, announced a revision in the prices of onions and potatoes, effective from the date of announcement. This price revision aims to reduce the cost of essential commodities during Ramadan, the Islamic holy month where Muslims all over the world observe fasting. STO also said this decision will enhance financial relief for consumers during this period when demand for such commodities increase. STO further said the company was working to stabilize the prices of essential food items and ensure uninterrupted availability. According to the new price revisions, onions will now be sold at…
Visit Maldives Corporation (VMC) is set to make a strong return to ITB Berlin 2026. The ITB Berlin will take place from March 3 to 5, 2026 at Messe Berlin. Maldives is set to showcase its industry strength through a dynamic national pavilion, while this year’s participation extends beyond the exhibition floor. Moreover, Visit Maldives will be reviving the Maldivian Night and a dedicated international press conference at the world’s largest travel trade show. The reintroduction of Maldivian Night marks a significant highlight in the destination’s global engagement calendar. Designed as an exclusive, invitation-only gathering, the Maldivian Night is poised…
In conjunction with the Maldives Marine Expo, Caudwell Marine has officially launched its diesel outboard engines in the Maldivian market for the first time. Caudwell Marine is a renowned British marine engineering firm dedicated to revolutionizing the outboard engine industry through high-quality and dependable products. The company has now commenced the introduction of its product line in the Maldives, marked by its participation in the Maldives Marine Expo and a specialized event for its “AX300 Diesel Outboard” engine. The event was attended by media representatives, maritime professionals, industry leaders, and partners of Caudwell Marine. The primary objective of this event…
Nobu Hospitality has officially confirmed its debut in the Maldives with the announcement of Nobu Hotel, Residences, and Restaurant Maldives. This new property, the first-ever of Nobu Hospitality in the Maldives, is set to be developed on the private island of Munyafushi in Laamu atoll. According to Seanses, the property is scheduled for a 2029 debut. Seanses also reports this development “is being undertaken in partnership with Sarat International” led by Managing Director Ali Ahsan. Sarat International has appointed Engineer Abdulaziz Bin Mohammed Alkhudair as Chief Advisor for the project. The tourist property will reportedly be comprised of a total…
The Ministry of Construction, Housing and Infrastructure has revealed that a total of 5,067 applications have been submitted so far for the latest housing schemes introduced under the current administration. According to information the ministry shared with state media, out of the total 5,067 applications, 3,434 individuals have applied for flats while 1,633 individuals have applied for land plots. The current administration officially opened application window earlier on January 18, and said that interested applicants were required to submit their forms through the designated portal via eFaas login. The deadline for land plot applications is set at 23:59hrs of March…
According to the latest statistics from the Ministry of Tourism, tourist arrivals to the Maldives so far this year has surpassed 400,000. This represents a significant growth compared to the corresponding period last year. As per the data from the ministry, Maldives has welcomed a total of 418,034 tourists as of February 21, 2026. This is a 9.5% increment compared to the 381,870 arrivals recording during the same period in the previous year. The tourism ministry data also reveals that the country currently sees an average daily influx of approximately 8000 visitors. In terms of accommodation preferences, resorts remain the…
Nova Maldives has announced that it has been recently awarded ‘Best of Barefoot 2026′ at the Stop Over Reisen Awards 2026. The Stop Over Reisen, a leading luxury tour operator with more than 35 years of expertise in curating high-end Maldivian escapes, presents the annual awards to celebrate the resorts that have most captured guests’ hearts. The awards are given entirely based on client votes, which reflect genuine guest experiences and the meaningful connections they formed during their stays. The General Manager of the resort, Abdulla Aboobakuru said that this recognition was meaningful as it “came directly from guests” and…
Grand Park Kodhipparu Maldives reports strong demand from the Chinese market this Lunar New Year. The resort confirms reaching high occupancy levels and limited villa availability throughout the festive period, which “reflects a growing appetite among Chinese travelers.” With the growth in Chinese arrivals, and to commemorate the Chinese New Year, the resort announces The Lunar Retreat: New Moon, New Memories. A festive period that invites couples to “plan a future escape to the Maldives at a time that allows for deeper relaxation, reflection and connection.” According to Grand Park, the experience is now available for direct booking via the…
The first-ever outdoor gym developed in Hulhumale’ Phase 2 has officially opened. Housing Development Corporation (HDC) Managing Director Ali Zuhair opened the new facility at a special ceremony held on Wednesday afternoon. Located adjacent to the futsal turf pitch in Hulhumale’ Phase 2, this newly developed gym features 22 different types of outdoor exercise equipment. HDC stated that the establishment of this gym is a vital initiative aimed at promoting well-being of Hulhumale’ residents and fostering a healthier community. The new outdoor gym will serve as an environment that facilitates a healthy lifestyle for the residents of Phase 2. The…
The Maldives Monetary Authority (MMA) has increased the amount of foreign currency allocated to commercial banks to facilitate the seamless import of food supplies by businesses, coinciding with the Islamic holy month of Ramadan. The central bank announced that for a period of three weeks starting from Wednesday, February 18, it will increase the supply of foreign exchange beyond its regular allocation. MMA stated that it would release 32% more foreign currency to banks compared to the standard amount. According to MMA, this measure was taken to alleviate the pressure caused by the heightened demand for foreign exchange by commercial…