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India approves INR 30 billion currency swap extension, strengthening Maldives financial stability
India has approved the Maldives government's request to roll over an INR 30 billion currency swap facility, reaffirming its commitment to supporting the country's financial stability and strengthening bilateral economic…
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President Muizzu: Every forex reform is based on facts, research and consultation
President Dr Mohamed Muizzu has defended his administrationās foreign exchange reforms, saying the measures are based on extensive research, technical…
Parliament passes 40% resort dollar conversion rule, tightens penalties on black market trading
The Peopleās Majlis has passed major amendments to the Foreign Exchange Act, requiring resorts to convert 40% of their foreign…
Ooredoo Maldives continues as Digital Partner for 10th edition of TTM Maldives
Ooredoo Maldives will continue its partnership with Travel Trade Maldives (TTM) as the Digital Partner of TTM Maldives 2026, which…
Dhiraagu concludes 20th edition of DESCUP futsal tournament
Dhiraagu has concluded the 20th edition of its annual employee futsal tournament, DESCUP 2026, with more than 300 staff members…
Ooredoo Masrace returns to Maafushi this Friday with MVR 43,000 prize pool
Sixteen teams are set to compete in Ooredoo Masrace 2026 in K. Maafushi this Friday, with MVR 43,000 in prize…
Illicit fortunes at risk as President Muizzu government tables Asset Recovery Bill
The government has submitted an Asset Recovery Bill to the Peopleās Majlis, seeking sweeping legal powers to recover property and…