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The Bank of Maldives (BML) has launched a new USD ATM in Fuvahmulah City, expanding access to foreign currency services for residents and businesses. The inauguration ceremony was attended by President Dr Mohamed Muizzu, Ministers of State, BML Chairman Ahmed Ali Habeeb, BML CEO and Managing...
The Bank of Maldives (BML) has concluded its Kaanivaa carnival in Addu City with a massive turnout and overwhelmingly positive public response. Held from October 29 to 31, the event featured daily raffles, with four lucky winners each receiving a bicycle. The carnival also included a wide range of...
The Ministry of Climate Change, Environment and Energy has announced plans to recruit a contractor to conduct a study on alternatives to single-use plastics, as part of its ongoing efforts to phase out disposable plastic products nationwide. According to the ministry’s announcement on Tuesday,...
Maldives Airports Company Limited, the operator of Velana International Airport, has significantly expanded its staff development initiatives in the third quarter of this year. The company delivered 447 targeted training programs over the past three months as part of a broad Learning and...
MGH Investment, a member of the broader Gage group of businesses, has been appointed as the official and exclusive representative of V Marine Yachts & Floating Properties in the Maldives. The Chairman of MGH Group, Mr. Abdulla Riyaz, expressed his enthusiasm for the partnership, stating that he...
Former President Abdulla Yameen on Monday criticised the Maldives Transport and Contracting Company (MTCC) for using a low-capacity excavator in the construction of the harbour in Lh. Kurendhoo. Speaking at the ‘Thila Uthuru Award’ ceremony held in HA. Dhidhdhoo, Yameen referred to recent photos...
Bank of Maldives has initiated construction of a new branch in Lh. Hinnavaru, positioning the island to receive expanded financial services in line with the nation’s growing banking needs. The groundbreaking ceremony took place today with President Dr Mohamed Muizzu in attendance, joined by key...
The Parliament’s 241 Committee on Monday approved a resolution directing the Maldives Customs Service to amend its regulations to require all Customs employees and their spouses to declare their assets. The resolution follows an inquiry launched by the committee into the illegal import of large...
A Chinese company has been contracted to provide technical advice for the bridge connecting Addu’s Hithadhoo and Hulhumeedhoo. The bridge project was announced in March last year, and the deadline for expressions of interest closed the same month. The contract was awarded to China’s TY Lin...
Maldives Airports Company Limited (MACL) has held a high-level coordination meeting bringing together all departments and senior management to prepare for the upcoming peak season at Velana International Airport (VIA). The session focused on identifying operational challenges, proposing practical...
CDL Hospitality Trusts, a stapled entity made up of CDL Hospitality Real Estate Investment Trust, a real estate investment trust, and CDL Hospitality Business Trust, a business trust, announced that as of 1 November 2025, the resort now known as Raffles Maldives Meradhoo will be renamed The Halcyon...
Statistics show the cost of living in the Maldives is the highest in South Asia. Bangladeshi media outlet,Fintech News BD, published a statistics of the estimated monthly cost of living for a single person, excluding rent, across South Asian Association for Regional Cooperation (SAARC)...