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IEA Not Considering Second Release of Strategic Oil Reserves

Maldives’ foreign debt falls 18% after record quarterly repayments

Parliament Committee Set 24-Hour Review Window For Mandatory Resort USD Surrender Amendments

MMA Proposes Mandatory 20 Percent USD Revenue Conversion For All Maldivian Resorts

Central Bank Increases Reserve Requirement To Soak Up Excess Rufiyaa Liquidity

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Boat Owners Given Seven Days To Clear Thilafushi Lagoon For Port Relocation

Boat Owners Given Seven Days To Clear Thilafushi Lagoon For Port Relocation

The Housing Development Corporation has instructed owners to clear all anchored and sunken vessels from the Thilafushi lagoon within seven..

Economic Minister Rejects Opposition Claims On Inflation Ahead Of Planned August 12 Protest

Economic Minister Rejects Opposition Claims On Inflation Ahead Of Planned August 12 Protest

Economic Minister Mohamed Saeed released a video statement countering opposition MDP Chairperson Mohamed Nasheed’s criticism of rising commodity and fuel..

New Bill Grants President Key Powers Over Uninhabited Islands and Lagoons

New Bill Grants President Key Powers Over Uninhabited Islands and Lagoons

The Parliament held the first reading today of a new 75-clause bill governing uninhabited islands and lagoons, which grants the..

Maldives and Bangladesh Explore Direct Shipping Route

Maldives and Bangladesh Explore Direct Shipping Route

The Maldives and Bangladesh have held official bilateral discussions regarding the establishment of a direct sea shipping link aimed at..

BKMU Raises Alarm Over Below-Market Tuna Prices and Extended Delays at Processing Plants

BKMU Raises Alarm Over Below-Market Tuna Prices and Extended Delays at Processing Plants

The Bodu Kanneli Masveringe Union (BKMU) has voiced strong concerns over severe challenges facing yellowfin tuna fishermen, highlighting prolonged harbor..