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Financial experts have affirmed that the Maldives Monetary Authority (MMA) and the Pension Fund’s recent bond transaction is a legitimate investment arrangement aligned with international best practices, not an act of money printing as misrepresented by opposition voices. According to economists,...
President Dr. Mohamed Muizzu has announced that the government will pay MVR 2.3 billion to private businesses and award multiple development projects to private construction companies within the next 10 days. Speaking at a public gathering in Laamu atoll Gan on Tuesday evening, the President said...
President Dr Mohamed Muizzu has reiterated that his administration is settling outstanding debts to private businesses without resorting to printing money, despite public concerns over recent financial maneuvers. Speaking in Fonadhoo, Laamu Atoll on Monday evening, Muizzu said the government...
Ooredoo Maldives has credited strong government support for the company’s progress in introducing PayPal services to the Maldives, a move expected to significantly expand opportunities for local businesses and freelancers. Speaking on the “Heyanbo” program aired on state media, Ooredoo Fintech...
The Ministry of Economic Development and Trade has announced that arrangements have been made to introduce PayPal services in the Maldives, marking a major milestone in the country’s digital transformation efforts. According to the Ministry, Ooredoo Fintech has partnered with PayPal as the...
Ooredoo Maldives has announced plans to launch PayPal services in 2026, marking a major milestone in the country’s digital transformation and expanding access to international financial transactions for individuals and businesses. The company confirmed that it is in the final stages of partnership...
The Hotelier Maldives GM Forum 2025, the nation’s most prestigious gathering of resort general managers and hospitality leaders, concluded successfully on October 13, 2025 at Kurumba Maldives. This year’s edition, themed “Digitalisation and Expanding Experiences,” brought together the industry’s...
Tourism Minister Thoriq Ibrahim has announced that Shangri-La Villingili Resort, previously a key element of Addu City’s tourism industry, will reopen by the end of this year. The luxury resort, which was the first of its kind in Addu, has stayed closed since 2020, when its operations were halted...
The Maldives has made a strong appeal for worldwide reform and renewed dedication to justice during the 80th United Nations General Assembly, with Foreign Minister Dr. Abdulla Khaleel encouraging the global community to maintain sovereignty, safeguard human dignity, and enhance multilateral...
The SME Development Finance Corporation (SDFC) on Sunday introduced a new soft loan initiative tailored for content creators involved in different social media endeavors. This program honors a commitment made by President Dr. Mohamed Muizzu to offer financial support to the country's content...
On Monday, Mohamed Saeed, the Minister of Economic Development & Trade, convened with social media content creators and media experts to gather their views on the loan for content creators. On Sunday, President Dr. Mohamed Muizzu announced that the technical preparations for initiating a soft loan...
President Dr. Mohamed Muizzu and Nepali Prime Minister KP Sharma Oli have committed to enhancing collaboration between the Maldives and Nepal, emphasizing education, economic diversification, and regional involvement. The pledge was made during a meeting that took place on the margins of the...