Dhiraagu opens a wallet through ‘DhiraaguPay’ for the International Aid Campaign’s (IAC) Gaza Emergency Relief Fund. The telecommunication service provider has donated…
The president-elect’s office has said that the state-owned enterprises (SOEs) are experiencing severe cashflow shortages. According to the office, the cashflow shortages…
Ministry of Finance has revealed Maldives government spent nearly MVR 300 million from the 2023 fiscal budget on treasury loans to facilitate…
The Maldives Civil Court has issued a prohibition of travel on a vessel that capsized on Kudagiri lagoon. AM MSV Mariya Sinthayathirai…
One of the largest credit rating agencies in the world, Fitch Ratings, has once again assigned a “B minus” rating to the…
Maldives National Association of Construction Industry (MNACI) raised concerns over the government delays in paying private contractors for state-initiated projects. MNACI said…
Indira Gandhi Memorial Hospital (IGMH) has spent nearly MVR 1 billion for its outsourced departments. IGMH said that it outsourced only two…
Maldives government has sold an additional MVR 3.1 billion worth of treasury bills (T-Bills) to adjust state expenditure. The Ministry of Finance…
The World Bank has forecast Maldives’ national debt to Gross Domestic Product (GDP) to increase by 115%. The bank said that though…
Kaafu atoll Maafushi Council has begun the process of allocating 84 additional land plots. Maafushi Island Council’s President Hassan Sobah said the…