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President announces plan to transform Galolhu stadium into a modern leisure spot
The government has decided to redevelop the Galolhu National Stadium into a modern, attractive venue for sports and leisure, President Dr Mohamed Muizzu has announced. Speaking at a press conference…
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Ameenee Magu Segment 1 enters final stretch as MTCC begins ABC laying
The Maldives Transport and Contracting Company (MTCC) has commenced Aggregate Base Course (ABC) laying on Segment 1 of Ameenee Magu,…
Police bust alleged illegal dollar network, six expatriates detained over MVR 54 million, USD 1.6 million
Six expatriates have been detained in a major crackdown on illegal foreign currency trading after authorities traced more than MVR…
President Muizzuâs Cabinet takes first step towards oil and gas exploration
The Maldives has officially begun work towards establishing a dedicated legal framework for the exploration and extraction of oil, gas,…
President Muizzu assures resorts can pay loans, salaries despite 40% FX rule
President Dr. Mohamed Muizzu has assured resort operators that the new requirement to convert 40 percent of monthly gross sales…
President ratifies Fisheries Act amendments with tougher penalties for protected species
President Dr Mohamed Muizzu has ratified amendments to the Fisheries Act, introducing tougher penalties for catching and exporting protected species…
President calls 40 percent resort conversion requirement a national responsibility
President Dr Mohamed Muizzu has defended the government's decision to require Category A tourism establishments to convert 40 percent of…