Justice Closing in on Medical Mafia: Joint Investigation Launched Into COVID-19 PCR Fraud by Dr. Ali Latheef, Ibrahim Saleem & Dr. Milza
In a significant move against alleged corruption within the healthcare sector, the Prosecutor General's Office has directed the Anti-Corruption Commission (ACC) and the Maldives Police Service to launch a joint…
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Recent News
Maldives’ usable foreign reserves reach USD 222.5 million
The Maldives' usable foreign reserves stood at USD 222.5 million at the end of July 2026, while total official reserve assets remained at USD 638 million, according to the latest…
President Muizzu’s Housing for All pledge advances as verification begins for 57,000 applications
The Ministry of Housing, Land and Urban Development has begun verifying applications for flats and land plots in the Greater MalĂ© Region under the government's "Housing for All" programme, moving…
Final segment installed, connecting Malé and Villimalé by bridge
MalĂ© and VillimalĂ© have been physically linked under the ThilamalĂ© Bridge project after the final structural segment connecting the two islands was successfully completed, marking a major milestone in one…
STELCO adds 360 kW generator to Dhiggaru power system
State Electric Company Limited (STELCO) has commissioned a new 360-kilowatt generator set in M. Dhiggaru, increasing the island's electricity generation capacity. STELCO said the generator has been delivered, installed and…
Dollar blackmarket crackdown: MMA revokes Express Money Exchange licence
The Maldives Monetary Authority (MMA) has revoked the money-changing licence of Express Money Exchange Private Limited after regulatory supervision found violations of the Money Changing Business Regulations. The decision, announced…
MWSC designates 1575 for customer care, 105 for emergencies
MalĂ© Water and Sewerage Company (MWSC) has introduced 1575 as its new Customer Care Hotline, separating general customer enquiries from emergency reports as part of changes to its customer support…
BML joins ICIA 2026 as Platinum Partner to advance research in Maldives
Bank of Maldives (BML) has become a Platinum Partner of the 11th International Conference on Intellectual Advancement (ICIA 2026), the flagship annual research conference organised by the Islamic University of…
Inguraidhoo power capacity rises to 2,200 kW with new 800 kW generator
Electricity generation capacity in R. Inguraidhoo is set to nearly double following the delivery of a new 800 kW generator, as Fenaka Corporation moves to strengthen the island's power supply.…
MMA seeks feedback on two new financial sector regulations
The Maldives Monetary Authority (MMA) has opened public consultation on two proposed regulations covering consumer protection in the financial sector and customer identification requirements for financial institutions. The central bank…
STO launches âSalhiey Makitaâ promotion with MVR 50,000 grand prize
State Trading Organization (STO) Construction Solutions has launched its annual "Salhiey Makita" promotion, offering customers the chance to win an MVR 50,000 grand prize alongside weekly rewards and discounts of…
MTCC moves to revive long-awaited Hiyaa housing project for employees
Maldives Transport and Contracting Company (MTCC) has begun discussions with Housing Development Corporation (HDC) to secure land for the revival of its long-awaited Hiyaa staff housing project, nearly a decade…
STO brings GE HealthCareâs portable ultrasound technology to Maldives
State Trading Organisation (STO) has introduced GE HealthCareâs Vscan portable ultrasound devices to the Maldivian market, offering healthcare providers a more mobile approach to diagnostic imaging that could expand access…
HDC posts MVR 2.01 billion profit as Auditor General issues clean audit opinion
Housing Development Corporation (HDC) recorded a net profit of MVR 2.01 billion in 2024, as the Auditor General issued an unqualified opinion on the state-owned company's financial statements for the…
STELCO explores stronger energy sector cooperation with UAE
State Electric Company Limited (STELCO) Managing Director Dr. Ali Azwar has met with the United Arab Emirates' Head of Mission and ChargĂ© dâAffaires to the Maldives, Heba Hamoud Nafea Saeed…
Sri Lanka tops the world in positive views of India, Pew survey finds
Sri Lanka has emerged as the country with the most favourable view of India, while Pakistan sits at the opposite end of the spectrum, according to a new Pew Research…
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