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Travel restrictions as govt to submit spending cuts next week

Finance Minister Moosa Zameer said the Ministry of Finance has completed its review of areas where spending can be reduced.

SOEs directed to suspend new recruitment, says Zameer

Zameer said recruitment will be limited to essential roles required for ongoing projects and government operations.

Maldives to meet $500 million Sukuk payment next month

Finance Minister Moosa Zameer said there are no obstacles to making the payment according to the schedule.

Maldives to expand gas storage capacity in Malé region this year

The State Trading Organisation (STO) currently operates a storage facility with a capacity of 1,000 tonnes.

BML applies for licence to open branch in Sri Lanka

He said several factors are considered when opening a branch outside the country, including capital requirements and regulatory conditions.

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No supply interruptions, price hikes for essential items: Pres

He said the government is monitoring the impact of the conflict on the Maldives and is conducting assessments to determine the required measures.

Maldives targets April launch of investor residence visa

These include plans to extend the current 30-day visa on arrival and introduce a remote working visa and a visa category for content creators.

Fuel subsidy extended to yellowfin tuna fishing vessels

Earlier, the Maldives Industrial Fisheries Company (MIFCO) reversed a planned increase in fuel prices.

Deadline extended for helicopter service EOI in Maldives

The selected operator will be granted exclusive rights to provide these services in the Maldives for a period of 10 years.

Maldives seeks trade arrangements with Asia and Africa

Saeed said import markets are expanding as part of efforts to address disruptions caused by the conflict in the Middle East.

Full 10kg gas cylinders available again after supply restored

Global supply challenges have affected several countries.

BML estimates rent at MVR 10,000 for three-bedroom flats

Construction of 1,224 units under the housing scheme commenced on Saturday.