Maldives Financial Review - Financial, Industry, Public and International

Opinion

The Gen Z Workforce: Challenges, Strengths, and the Future of Work

Consequently, understanding Gen Z's distinct characteristics and workplace practices is essential in engaging them.

Research presented at the 2023 MATI Member Forum, focusing on the Maldivian hospitality sector, identified recurring challenges in managing Gen Z employees. Issues relating to work ethics, punctuality, and professional...

3 min read

Travel & Tourism

Maldives joins forces with Liverpool FC to boost tourism

1 min read

Travel & Tourism

Maldivian announces new route between Hanimaadhoo and Bangalore

Maldivian, the national airline of the Maldives, has announced the launch of its new flight services between Hanimaadhoo International Airport and Bangalore, India, commencing on May 15, 2025.

1 min read

Health Sector

Maldives to develop new hospitals and health centres across islands

The Government is moving ahead with its plans to develop new hospitals in the Maldives to ensure accessible and affordable healthcare in the Maldives. One of the biggest issues that...

1 min read

Public Sector

Maldives expands waste management efforts with 32 new disposal centres

1 min read

International Sector

Mark Carney set to replace Justin Trudeau as Canada’s Prime Minister

Mark Carney, a distinguished economist and former central banker, is predicted to be elected as Canada's new Prime Minister, succeeding Justin Trudeau. Carney secured a commanding 85.9% of the vote...

1 min read

Gross domestic product (GDP)	2021	2020	2019
Real GDP growth rate %	13.5%	-29.3%	7.0%
Nominal GDP (MVR) Millions of MVR	66,371.9	57,941.6	86,787.9
Nominal GDP (USD) Millions of USD	4,304.3	3,757.6	5,628.3
Nominal GDP per capita USD	7,573	6,741	10,541

Tourism Sector	2020	2019
Total tourist arrivals thousands	555.5	1703
Tourist bednights thousands	3,985	10,689
Occupancy rate %	26%	62%
Average stay days	18.5	6.3

Maldives National Debt 94,001,001,001.00 MVR for every single Maldivian

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Public Sector

Maldives to strengthen sports and fitness infrastructure with 77 development projects

1 min read

While sports is often overlooked in many countries, it plays a vital role in shaping a healthy, active, and resilient society. Beyond being a form of recreation, sports and fitness...

Public Sector

Maldives Government to develop new healthcare facilities on 10 islands

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International Sector

Myanmar earthquake triggers widespread devastation and rising death toll

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Public Sector

BML Islamic hosts 'Eid Sai' for communities in 9 islands

1 min read

As the Maldives celebrates Eid al-Fitr, the Bank of Maldives (BML) Islamic branch has taken the initiative to host Eid Sai (tea) for communities in 9 different islands. Eid Sai...

Travel & Tourism

Maldives continues to see positive changes with new Foreign Exchange Regulation

1 min read

Opinion

The Generational Ban debate: will the Maldives succeed in stamping out smoking?

3 min read

Public Sector

Contract signed to develop an immigration office in HA. Uligam

1 min read

In a move towards developing better tourist facilities in HA. Uligam, the Maldives Government has signed an agreement with the Maldives Transport and Contracting Company (MTCC). This agreement was signed...

Public Sector

MTCC awarded contract for Islamic Center in Sh. Milandhoo

1 min read

Climate Change & Environment

Maldives aims for a new world record with largest snorkeling event in Baa Atoll

2 min read

As World Tourism Day draws closer, the Maldives—one of the world's most celebrated travel destinations—is gearing up to showcase its unparalleled marine beauty in an extraordinary way. In a bid...

Banking

BML introduces Guest House Financing to Haa Alifu Atoll

1 min read

Bank of Maldives has introduced its Guest House Financing product to Haa Alifu Atoll at a ceremony held today in Filladhoo. 

Banking

BML launches ATM services across Haa Alifu Atoll

1 min read

Bank of Maldives has today introduced Self-Service Banking ATMs in 7 islands of HA. Atoll, marking the significant milestone of launching ATM services in all inhabited islands of the atoll....

Public Sector

Fighting for fair pay: the struggles and triumphs of Maldivian healthcare workers

3 min read

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