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MTCC shareholders approve MVR 3 per share dividend at annual general meeting
Maldives Transport and Contracting Company (MTCC) has approved a dividend of MVR 3 per share for the 2025 financial year, following a resolution passed by shareholders at the company's Annual…
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Maldivian engineers train in China for future maintenance of major bridges
A team of Maldivian engineers undergoing specialised training in China has visited major bridge projects in Chongqing as part of…
VIA operation nets MVR 3.8 million in foreign currency amid illegal trading crackdown
Six Bangladeshi nationals have been arrested at Velana International Airport (VIA) after authorities intercepted them with foreign currency worth an…
MTCC begins final paving works on Ameenee Magu Segment 1
Maldives Transport and Contracting Company (MTCC) has begun laying asphalt on Segment 1 of Ameenee Magu, moving the ongoing reconstruction…
Finance Ministry says $50 million SBI debt repaid from Sovereign Development Fund, not BML deposits
The Ministry of Finance and Public Enterprises has clarified that the final USD 50 million payment on the State Bank…
President Muizzu formally receives PNC presidential ticket for 2028
President Dr Mohamed Muizzu has formally received the People’s National Congress (PNC) presidential ticket to contest the 2028 presidential election,…
$1.29 billion repaid, Muizzu government continues clearing debts inherited from past administrations
President Dr Mohamed Muizzu’s administration has repaid about USD 1.29 billion in foreign debt during its first two and a…