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Government subsidy spending surges 86% to MVR 3.13 billion as fuel, electricity costs rise
Government spending on subsidies has climbed to MVR 3.13 billion as of 16 July, an 86 percent increase compared to the same period last year, driven largely by higher fuel…
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MWSC Delivers Maldives’ First Fully Solar-Powered Water System in Kulhudhuffushi
As the global community marks World Water Day, the Maldives is spotlighting a major milestone in its push toward sustainable…
BML Proposes Record Profit Per Share with 2-for-1 Bonus Shares and Dividend Boost
The Bank of Maldives (BML) has unveiled a sweeping capital restructuring plan that includes a dividend payout, bonus share issuance,…
Final Day Alert: Win MacBook, AirPods and More in Dhiraagu Rann-Kaashi Draw
Dhiraagu has rolled out a festive extension of its popular Ramadan campaign, offering customers another opportunity to win high-value prizes…
Fenaka boosts power capacity in northern islands with new generator rollout
The Fenaka Corporation has deployed two new generator sets to strengthen electricity supply in the northern Maldives, as part of…
Hulhumalé Phase 3 plots ready for handover under Binveriya scheme
Final preparations are underway to hand over land plots in Hulhumalé Phase 3 to beneficiaries of the government’s ‘Binveriya’ housing…
“Measures to cut costs underway,” says Zameer as Maldives tightens budget
The government is preparing a targeted expenditure reduction plan to counter mounting fiscal pressures triggered by escalating geopolitical tensions in…