February 2024 – Page 2 – kaafu.mv English

Embracing the EV Revolution: Tesla’s Rise in the Maldives

In the bustling streets of Malé, the capital city of the Maldives, where the salty sea breeze mingles with the constant hum of traffic, a unique juxtaposition of automotive tradition and futuristic

09 Feb, 2024

CYBERIA·MALDIVES

Mixed Reactions Trail President Dr. Muizzu’s First Presidential Address

In a highly anticipated presidential address to the Majlis, President Dr. Muizzu delivered what many are calling an unprecedentedly honest and comprehensive overview of the country’s economic, financial, and social landscape. However,

07 Feb, 2024

FEATURED·MALDIVES·VISTASCAPE

Navigating Nationalism in Maldivian Education: President Dr. Muizzu’s Vision Unveiled

In a pivotal address opening the Majlis, President Dr. Mohammed Muizzu announced that his government would pay special attention to nationalism. He reiterated the changes introduced to the education system, emphasizing the

06 Feb, 2024

MALDIVES·VISTASCAPE

Maldives Ends 2023 with MVR 124 Billion Debt, Reflecting a 115.9% Debt-to-GDP Ratio

Maldives closed the fiscal year of 2023 with a total debt of MVR 124 billion, as revealed by data released by the Ministry of Finance. The figures encompass both domestic and external

05 Feb, 2024

CYBERIA·MALDIVES·VISTASCAPE

Pioneering New Frontiers: RACL and MNU Unite for a Groundbreaking Air Cargo Feasibility Study

In a significant leap towards advancing air cargo transportation capabilities in the country, the Regional Airports Limited (RACL) has partnered with Maldives National University (MNU) to undertake an extensive study on the

04 Feb, 2024

CAPITALOG·CYBERIA·MALDIVES

Velana International Airport's runway. (Photo credit: VIA)

Maldives Government Records Robust Revenue Growth from Airport Development Fee and Departure Tax

In the past fiscal year, the Maldivian government witnessed a substantial surge in revenue from the Airport Development Fee (ADF) and departure tax, reaching an impressive MVR 1.9 billion, according to data

04 Feb, 2024

CAPITALOG·CYBERIA·MALDIVES·VISTASCAPE

Bank of Maldives Eases Financial Strain for Borrowers

In a practical move aimed at assisting borrowers, the Bank of Maldives (BML) has decided to lower overdue interest rates, effective from January 24th, 2024. The reduction, from 2% to 0.5%, signifies

04 Feb, 2024

CAPITALOG·CYBERIA·MALDIVES·VISTASCAPE

Resounding Loss for Vocal MDP Figure Rozaina Adam as Ex-Footballer Clinches Feydhoo North Ticket

In a significant political development, Member of Parliament Rozaina Adam, a prominent figure within the Maldivian Democratic Party (MDP), has lost her bid for the Feydhoo North constituency in today’s MDP primary

03 Feb, 2024

FEATURED·MALDIVES·VISTASCAPE

Minister Saeed Briefs World Bank on Economic Outlook and Reforms

Economic Development and Trade Minister Mohammed Saeed engaged in a high-profile meeting with a delegation from the World Bank, currently in the country to gain insights into the government’s economic development plans

03 Feb, 2024

CYBERIA·MALDIVES·VISTASCAPE

Government Initiates Extensive Crackdown on Illegal Immigration and Criminal Activities

In a sweeping crackdown on illegal immigration and criminal activities, the country’s law enforcement authorities have handed over 173 foreigners to immigration authorities for deportation, according to a statement by Acting Head

03 Feb, 2024

MALDIVES

February 2024 - Page 2

Embracing the EV Revolution: Tesla’s Rise in the Maldives

Mixed Reactions Trail President Dr. Muizzu’s First Presidential Address

Navigating Nationalism in Maldivian Education: President Dr. Muizzu’s Vision Unveiled

Maldives Ends 2023 with MVR 124 Billion Debt, Reflecting a 115.9% Debt-to-GDP Ratio

Pioneering New Frontiers: RACL and MNU Unite for a Groundbreaking Air Cargo Feasibility Study

Maldives Government Records Robust Revenue Growth from Airport Development Fee and Departure Tax

Bank of Maldives Eases Financial Strain for Borrowers

Resounding Loss for Vocal MDP Figure Rozaina Adam as Ex-Footballer Clinches Feydhoo North Ticket

Minister Saeed Briefs World Bank on Economic Outlook and Reforms

Government Initiates Extensive Crackdown on Illegal Immigration and Criminal Activities

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