Middle East Conflict
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NewsMaldives Gas to take measures due to import issues
Maldives Gas is temporarily reducing the amount of gas in cylinders due to import challenges and rising global prices. Customers will be charged based on the actual weight at existing rates per kilogram. The government is working on a bulk storage project to provide a permanent solution to these supply issues.
NewsMVR 59.7 billion budget proposed for 2027
The Maldives government proposed a MVR 59.7 billion budget for 2027, focusing on increased development spending despite a lower total figure than 2024. While revenue is expected to rise, a MVR 9.4 billion deficit is projected due to higher expenditures. The state plans to secure MVR 18.9 billion in financing to manage debt and costs.
News
Muizzu orders projects to be accelerated
Business
Tourist arrival figures still lag behind last year
News
Maldives condemns Houthi missile attacks on Saudi Arabia
Business
Maldive Gas hikes prices for 45kg and 22kg cylinders
Business
Ameen disputes industry claims of $500 million loss
Business
Maldives growth to drop to one percent: ADB
Business