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Today: the Maldives in the news, story by story

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Developing now
Good evening · Wednesday 11 November · Maldives time
Week in brief
Weather
27°C
Showers · feels like 32°
Sunrise & sunset
05:52–17:48
Calculated for Malé
Dollar 23.23 street, a crowd’s report 15.42 official, MMA · 30 Sep

Weather is a model’s estimate for Malé from Open-Meteo, not a Met Service report.

Today's card

Open
  1. President Dr. Muizzu departs for COP31 climate summit in Türkiye 10 outlets
  2. MTCC to build roads, harbours and coastal protection in 22 islands 6 outlets
  3. Ras Male' reclamation project to cost $330 million: Minister Muththalib 5 outlets

Promise due todayComplete and operationalise the Thilafushi port, reducing current 9- and 14-day waits for unloading goods to less than three days. the government

Happening todayThe government aims to sign the definitive agreement for the Rasmalé deal.

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Numbers

All numbers
Total index 109.09Index Sep 2026 · MMA up+0.3% vs previous up+1.2% vs a year earlier Inflation rate 1.17% Sep 2026 · MMA up+0.4 pts vs previous down-2.6 pts vs a year earlier Total tourist arrivals 148,801Tourists Sep 2026 · MMA down-23.8% vs previous down-0.5% vs a year earlier Occupancy rate 44.10% Sep 2026 · MMA down-14.8 pts vs previous down-2.6 pts vs a year earlier

Promises

All
234 promises4 kept · 0 broken
Due in the next 30 days Complete and operationalise the Thilafushi port, reducing c…Due todayDeliver the Healthy Senior Citizens Programme, running for …Due in 5 daysComplete its examination of the proposed MVR 59.7 billion S…Due in 8 days

What the news is about

stories, last 7 days · as of 18:32

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Shading shows how the writing reads, where 5 or more of a sector's stories were read. Details

Stories: Tourism industry · Finance & banking

About Finance & banking All stories RSS
Filters: Tourism industry · Finance & banking
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AllConstruction & property 216Finance & banking 187Public finance & tax 178Tourism & hospitality 126Transport & ports 118Health 110Trade & customs 110Education 83Energy & utilities 65Telecom & digital 60Fisheries & agriculture 56
Construction & property Private sector lending surges in the Maldives, central bank data shows PSM News Malé USD 2.66 billion Total lending to private sector Source (opens PSM News in a new tab)
Construction & property Private sector lending reaches MVR 47 billion in September 2 reports : MM TV (English) MVR 47 billion private sector loans in September Source (opens MM TV (English) in a new tab)
Finance & banking SME Digital doubles business financing limit to MVR 10 million 2 outlets : MM TV (English), PSM News MVR 10 million Revised financing limit for three… Source (opens MM TV (English) in a new tab)
Finance & banking Government to reverse 17 percent TGST on foreign tour operators PSM News 17 per cent Tourism Goods and Services Tax ra… Source (opens PSM News in a new tab)
Finance & banking · Opinion 11/17 advisories spark questions as nations issue identical preparedness messages Sun English Source (opens Sun English in a new tab)
Finance & banking Government to provide guarantee for BML sukuk Adhadhu (English) $300 million Sukuk size sought by BML Source (opens Adhadhu (English) in a new tab)
Finance & banking Fayyaz responds to allegations regarding a loan taken for resort development! Raajje (English) Source (opens Raajje (English) in a new tab)
Construction & property No alcohol, pork or casinos will be allowed in Rasmalé, President Muizzu assures 2 outlets : The Standard, Adhadhu (English) Hulhumalé USD 20 billion Value of the proposed Rasmalé Wat… Source (opens The Standard in a new tab)
Finance & banking · Press release Speech by His Excellency Dr. Mohamed Muizzu, President of the Republic of Maldives at the China–Maldives Investment Cooperation Forum, at Maldives Expo 2026 4 outlets : Office of the President, The Edition, Byline and 1 more approximately 440 million US dollars Maldives imports from China Source (opens Office of the President in a new tab)
Finance & banking Resorts Required to Deposit 40% of Monthly Revenue in Banks Miadhu 40% share of monthly revenue resorts … Source (opens Miadhu in a new tab)
Finance & banking MMA reminds foreign currency earners of monthly conversion obligations The Standard 40 percent Required conversion rate for reso… Source (opens The Standard in a new tab)
Finance & banking MMA to Publish Names of Businesses Missing Foreign Currency Conversion Deadline Corporate Maldives 40 per cent Required conversion of monthly gr… Source (opens Corporate Maldives in a new tab)

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