News - Page 19

21 Aug, 2026

Central Bank Revokes Foreign Exchange License of Express Money Exchange

The Maldives Monetary Authority (MMA) has cancelled the money-changing license of Express Money Exchange Private Limited after discovering the company violated foreign exchange regulations. In a statement issued on Wednesday night, the

Business·News

21 Aug, 2026

Maldives to Host Global SIDS Business and Investment Forums in Malé Later This Month

The Maldives is set to host two major international economic gatherings for Small Island Developing States (SIDS) from August 23 to 25 at the Barceló Nasandhura Hotel in Malé. The dual events—the

News

21 Aug, 2026

Yazmeed Picked to Lead Pension Office Amid MVR 2.4B Bond Turmoil

Former Judicial Service Commission (JSC) vice president Yazmeed Mohamed has been appointed as the Chief Executive Officer of the Maldives Pension Administration Office (MPAO) for a five-year term. The board confirmed Yazmeed’s

Scholarships From a Foreign Billionaire, Distributed by a Political Party: Who Is Really Benefiting?

MALE’ — The press release from the Adhaalath Party read like a straightforward act of generosity. Twenty fully funded undergraduate scholarships to a university in Malaysia, open to underprivileged Maldivian youth aged

13 Jul, 2026

News·Politics

Diplomatic Outreach: Maldives and Pakistan Strengthen Ties Amid Regional Tensions

MALE’ — The foreign ministers of the Maldives and Pakistan held high-level discussions via telephone on Saturday, focusing on deepening bilateral cooperation and navigating the escalating volatility in the Gulf. The conversation,

12 Jul, 2026

News

Three-Year Medium-Term Budget Planning Begins

MALE’ — The Ministry of Finance and Treasury has officially commenced the formulation of the country’s medium-term budget, covering the fiscal cycle from 2027 through 2029. In a circular issued to all

12 Jul, 2026

News

Six Children Depart for India for Life-Saving Bone Marrow Transplants Funded by Zakat

MALE’ — In a significant humanitarian effort, six children diagnosed with thalassemia have departed for India to undergo bone marrow transplant surgeries. The complex, life-saving procedures are being fully supported by the

12 Jul, 2026

News

Discrepancies Emerge as Officials Tout Improved Dollar Access

MALE ‘— A sharp divide has emerged between the government’s narrative regarding foreign currency liquidity and the practical realities faced by the Maldivian business community. While senior ruling party figures maintain that

12 Jul, 2026

Business·News

State Payroll Expenditure Surges by 10 Per Cent Amid Rising Fiscal Pressures

MALE’ — The government’s expenditure on state employee salaries and benefits has continued its upward trajectory, reaching MVR 8 billion for the first half of 2026. According to the latest data from

12 Jul, 2026

News

Revenue from Airport Fees and Departure Taxes Climbs

MALE’ — The country has recorded a significant uptick in state revenue collected from aviation-related levies during the first half of the year, underscoring the resilience of the nation’s tourism-dependent economy. According

11 Jul, 2026

News

Maldives Population Surpasses 590,000, New Data Reveals

MALE’ — The Maldives’ population has reached an estimated 590,079, according to the latest figures released by the Maldives Bureau of Statistics (MBS) in observance of World Population Day. The data underscores

11 Jul, 2026

News

The Managing Director of Maldives Gas, right, appears on a delivery pickup in a promotional photograph.

Expatriate Male Workforce Outnumbers Local Counterparts in Key Demographic

MALE ‘— A definitive shift in the Maldivian labour landscape has been confirmed, as new data from the Maldives Bureau of Statistics (MBS) reveals that the number of expatriate men in the

11 Jul, 2026

News

The ‘Tuition Trap’: A Growing Crisis in Maldivian Education

MALE ‘— For thousands of students across the country, the school bell does not signal the end of the academic day; it merely marks the transition to a second, often exhausting, shift.

11 Jul, 2026

News

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News - Page 19

Central Bank Revokes Foreign Exchange License of Express Money Exchange

Maldives to Host Global SIDS Business and Investment Forums in Malé Later This Month

Yazmeed Picked to Lead Pension Office Amid MVR 2.4B Bond Turmoil

Scholarships From a Foreign Billionaire, Distributed by a Political Party: Who Is Really Benefiting?

Diplomatic Outreach: Maldives and Pakistan Strengthen Ties Amid Regional Tensions

Three-Year Medium-Term Budget Planning Begins

Six Children Depart for India for Life-Saving Bone Marrow Transplants Funded by Zakat

Discrepancies Emerge as Officials Tout Improved Dollar Access

State Payroll Expenditure Surges by 10 Per Cent Amid Rising Fiscal Pressures

Revenue from Airport Fees and Departure Taxes Climbs

Maldives Population Surpasses 590,000, New Data Reveals

Expatriate Male Workforce Outnumbers Local Counterparts in Key Demographic

The ‘Tuition Trap’: A Growing Crisis in Maldivian Education

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