On Friday, August 11, Maldives President Ibrahim Mohamed Solih officiated the ceremony held to land the new submarine cable, that will see…
Maldives government has spent a supplement of MVR 367 million on subsidies after the budgeted total for 2023 was fully exhausted. According…
Maldives real Gross Domestic Product (GDP) grew by 5.5% in the first quarter of 2023, reports the Maldives Bureau of Statistics (MBS).…
According to the Ministry of National Planning, Housing and Infrastructure (MNPHI), 13,000 applications are eligible for the Gedhoruveriya social housing scheme. State…
Civil Court of the Maldives has declined to grant an interim injunction to delay the lease of Vaavu atoll Fohtheyo lagoon. After…
The Maldives government has collected a total revenue of MVR 5.19 billion in Q2-2023, a 2.4% drop compared to the same quarter…
The year-to-date total of state expenditure reached MVR 25.7 billion as of July 27, 2023, according to the Ministry of Finance. According…
A year after Russia invaded Ukraine, approximately 400,000 US-made semiconductors worth USD53.6 million were shipped to Russia via the Maldives, reports Russian…
The state expenditure has observed a slow-down whereas the revenues have observed noticeable increment. According to the Ministry of Finance, the cumulative…
In a bold move that promises to redefine luxury tourism in the Maldives, the visionary project known as Projekt Delfin is set…