News
MMA expands dollar allocation to banks as Muizzu administration strengthens Ramadan market stability
The Maldives Monetary Authority has intensified its foreign currency support to commercial banks, increasing dollar allocations by 32 percent for three weeks starting 17 February 2026, to secure uninterrupted food…
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President Muizzu confirms Hulhumalé Phase 3 land handover to begin in January
President Dr Mohamed Muizzu has confirmed that the HulhumalĂ© Phase 3 reclamation project is advancing at remarkable speed, with completion…
Bank of Maldives sounds alarm after 100 plus cards taken overseas to exploit POS USD limits
Bank of Maldives has issued one of its starkest warnings to date, revealing that systemic misuse of international debit card…
âEconomic outlook brighter than expectedâ MMA reveals in Q3 2025 survey
Business sentiment across the Maldives strengthened sharply in the third quarter of 2025, with new survey findings showing rising activity,…
Finance Ministry Confirms Positive Fiscal Trend as Maldives Strengthens Economic Outlook
Maldives finances closed Week 45 on an encouraging upward trajectory, with new figures from the Ministry of Finance confirming stronger…
Maldives Wins Worldâs Leading Destination for Sixth Year, Strengthens Global Tourism Crown
The Maldives has cemented its status as the worldâs premier holiday hotspot after being crowned Worldâs Leading Destination 2025 for…
President Muizzu Ratifies Landmark Tourism Act Amendment to Accelerate Resort Growth
President Dr Mohamed Muizzu has ratified the 16th Amendment to the Maldives Tourism Act, ushering in one of the most…