Maldives Monetary Authority (MMA) has reported that the transactions conducted through the Maldives Instant Payment System ‘Favara’ amounted to over MVR 10…
Maldives Vice President Faisal Naseem highlighted the importance of establishing housing finance banks in the island nation. VP Naseem said this while…
Maldives President Ibrahim Mohamed Solih shared his vision to attract three million annual tourists in the next five-year period. While President Solih…
The cumulative total of state expenditures reached MVR 27.7 billion as of August 17, 2023, reports the Ministry of Finance. According to…
Maldives Monetary Authority (MMA) launches the instant payment system ‘Favara’ on August 26, Saturday. The new instant payment system was launched by…
Effective from August 20, Maldivians traveling to Kyrgyz Republic will be exempted from visa for a 30-day stay. The Ministry of Foreign…
The governments of Maldives and Mongolia have signed a Visa Exemption Agreement. The agreement will allow Maldivians to travel to Mongolia on…
Maldives Ports Limited (MPL) has partnered up with Maldives Hajj Corporation to launch the “Muazzafunge Scheme” (Employees’ Scheme). The memorandum of undersrtanding…
The cumulative total of state expenditure reached MVR 26.9 billion as of August 10, reports Ministry of Finance. State’s revenues inclusive of…
Preparations are underway for the reclamation of Hulhumale’ 2 lagoon which will be the venue for the state to issue lands under…