Author: Mohamed Reehaan

The Bank of Maldives (BML) on Saturday, January 11, made announcement of a new promotional event ahead of this year’s Ramadan. Dubbed “Ran Furusathu 2026” which translates to ‘Golden Opportunity 2026’, this promotion entails a prize of MVR 100,000 for the winner. According to the Maldivian national bank, this promotion that has begun now will remain effective until March 16. BML further notes customers who shop from outlets listed for eligibility as per the bank, will stand the chance to win weekly cases prizes and become eligible to take part in the raffle for the grand prize. The bank also…

The premier telecommunication and internet service provider in Maldives, Dhiraagu, announces a new promotion specifically for fiber broadband internet. The new ‘Fiber Unlimited’ promotion entails prizes that include smart cameras and 65-inch televisions on a weekly basis. Dhiraagu adds that the promotion is applicable for both existing ‘Fiber Unlimited’ customers who plan to upgrade their packages as well as fresh subscribers. The promotion which is already in effect, will last until the end of January, adds Dhiraagu. New customers, who subscribe for Fiber Broadband packages of 30MBP/s and above will receive a free indoor smart camera, and customers who subscribe…

The Bank of Maldives (BML), on Monday, made the announcement of its latest promotion specifically targeting Student Card holders. This new promotion offers an exciting opportunity for said cardholders to win a family trip to Malaysia. BML adds the promotion will run from 1st January 2026 to 16th February 2026, and further says that all transactions from an eligible merchant through BML Point-of-Sale (POST) terminals and the BML Payment Gateway from a BML Student Card during the promotion period will be eligible. At the end of the promotion, BML will select a Grand Winner to a win a round trip…

Ooredoo Maldives on Monday, made announcement of the 13th winner of the telecom provider’s ongoing #LiveUnlimited Anniversary Campaign, awarding Ms. Aishath Mohamed Didi a fully sponsored Umrah pilgrimage. Ooredoo Maldives launched the campaign in commemoration of its 20th anniversary and through the #LiveUnlimited Anniversary Campaign, aims to reward customer loyalty through life enrichment experiences – which includes the Umrah pilgrimage. As part of the initiative, a total of 19 customers will receive an Umrah trip every 20 days with the 20th and final winner set to receive a Hajj pilgrimage for two. Customers can qualify for the draw by spending…

Dhiraagu becomes recipient of the ‘Fastest 5G Network’, ‘Best 5G Network’ and ‘Best 5G Gaming Experience’ from Ookla Awards for Q1-Q2 of 2025. This win echoes the continuous efforts of Dhiraagu in delivering world-class digital and internet services to its customer base, highlights Dhiraagu. In 2019, Dhiraagu became the first-ever telecommunication provider to introduce 5G services in South Asia and the Maldives. As of now, Dhiraagu has successfully expanded its 5G network to 73% of the country’s population. Dhiraagu has been the recipient of Ookla’s “Maldives Fastest Mobile Network” award for three consecutive years and the “Fastest 5G Network” award…

The Ministry of Housing, on Monday, made the announcement of the new round of social housing scheme to begin accepting applications from January 15, 2026 onward. The ministry’s announcement came hot in the heels of certain tweaks to the policy on government-initiated social housing schemes, which was officially put on the government gazette on Monday as well. The Minister of Housing, Muththalib, while speaking about these changes, said the tweaks to the policies enhances eligibility for previous social housing recipients. Among these include, as per Muththalib, those seeking more spacious two-room to three-room options due to spatial difficulties from previous…

Dhiraagu, the premier telecommunication and internet service provider of the Maldives, on Monday announces exciting new offers for customers ahead of 2026. As part of its latest offer roll-out, Dhiraagu made announcement of six distinct plans. Which include: Flexihour: perfect for customers who require short-term data plans and can be activated for as cheap as MVR 10. Data allowances under this plan range from 5GB to 26GB. The plans are optimized for web browsing and streaming. Salhi 365 Days: an annual plan of 765GB data allowance. Customers can stream songs on popular music application Gaana for an entire year under…

The Bank of Maldives on Monday, December 29, made official announcement of its latest venture – a new affordable housing project which would see the development of more than 3,000 units. The national bank’s subsidiary is in charge of this initiative, which added that it has signed on developers during a ceremony held at Hulhumale’ Phase II on Monday. The contractors, China’s Beijing Urban Construction Group (BUCG) and China Machinery Engineering Corporation (CMEC) will complete development of 2,341 units. BML’s Spokesperson, Mohamed Saeed, gave details of the project via his official X account adding that the BML subsidiary will rope…

The Maldives state has earned a revenue of MVR 18.58 billion (inclusive of foreign grants) as of June 26th, according to the Ministry of Finance. As per the ministry’s data, the state has earned this much on a cumulative year-to-date basis. During the same period, the government’s spending has reached MVR 17.95 billion which meant the overall balance for the period is a surplus of MVR 628.2 million. State has earned MVR 14.2 billion in tax revenues and another MVR 4.2 billion in non-tax revenues so far this year. In the same period last year, state earned MVR 13.3 billion…

Maldives Inland Revenue Authority (MIRA) data reveals the state earned MVR 2.63 billion in June 2025, a 27.0% increase compared to the same month in 2024. According to MIRA, the total revenue collected in June this year included USD 116.73 million. Total revenue in the review month increased mainly due to higher collections of TGST, Green Tax, and land acquisition and conversion fee. Tourist arrivals in May 2025 rose by 13.1% compared to the same month last year, which boosted collections of TGST, Green Tax, and airport taxes and fees. The revenue collected in June this year was also 10.4%…