Awesome Blog

Read more
Sun 07 Sep 2025

Maldives Exports Surge in July 2025, Driven by Tuna and Offset by Reduced Re-exports

The Maldives experienced a significant boost in exports during July 2025, with a 27 percent year-on-year increase, according to the latest Economic Update from the Maldives Monetary Authority (MMA). This surge, primarily fueled by higher earnings from domestic products, particularly frozen skipjack tuna, counterbalanced a decline in re-exports. Import levels remained relatively stable, increasing by […]

  • Awesome Maldives
  •  Maldives News
Read more
Sun 07 Sep 2025

Maldives and China Partner to Develop Addu City Fisheries and Maritime Logistics Hub

The Maldives and China have signed an agreement to establish a comprehensive fisheries and maritime logistics hub in Addu City, a significant development aimed at boosting the southern region’s economy and creating new opportunities for local fishermen. The agreement, signed during President Dr. Mohamed Muizzu’s official visit to China for the Shanghai Cooperation Organisation (SCO) […]

  • Awesome Maldives
  •  Maldives News
Read more
Sun 07 Sep 2025

Malé’s Essential Commodities Price Index Rises in August 2025

The Maldives Bureau of Statistics reported a 1.19% month-on-month increase in Malé’s Essential Commodities Price Index (ECPI) in August 2025, reaching 114.82. This represents a 1.92% year-on-year rise, primarily driven by escalating food prices. Food prices experienced a significant 1.62% increase from July, with fruits showing the most dramatic surge at 6.13%, followed by a […]

  • Awesome Maldives
  •  Maldives News
Read more
Sun 07 Sep 2025

Maldives Monetary Landscape Shows Mixed Signals in July 2025

The Maldives Monetary Authority (MMA) released its latest Economic Update, revealing a mixed picture of the nation’s monetary landscape in July 2025. While reserve money contracted, broad money and private sector credit experienced continued expansion, indicating a complex interplay of domestic and international financial factors. Reserve money (M0) decreased by 2% in July, marking the […]

  • Awesome Maldives
  •  Maldives News
Read more
Sat 06 Sep 2025

Maldives’ Public Debt Reaches 124% of GDP in Q2 2025

The Maldives’ public and publicly guaranteed (PPG) debt soared to MVR 148.9 billion by the end of the second quarter of 2025, representing a staggering 124% of the country’s Gross Domestic Product (GDP), according to the latest Debt Bulletin from the Ministry of Finance and Planning. This significant figure highlights growing concerns about the nation’s […]

  • Awesome Maldives
  •  Maldives News
Read more
Sat 06 Sep 2025

NH Collection Maldives Havodda Resort Named Best Dive Resort in the Maldives

The NH Collection Maldives Havodda Resort has been awarded the prestigious title of Best Dive Resort in the Maldives at the 2025 Travel Trade Maldives (TTM) Awards. This accolade follows its 2024 win for Best Beach Resort, highlighting the resort’s exceptional offerings both above and below the water. The resort was also nominated for Best […]

  • Awesome Maldives
  •  Maldives News
Read more
Sat 06 Sep 2025

Maldives MSME Awards 2025: Celebrating Small and Medium Enterprise Excellence

The Maldives Business Centre Corporation (BCC), under the Ministry of Economic Development and Trade, has opened applications for the prestigious Maldives MSME Awards 2025. This annual event, launched in November 2024, recognizes the outstanding achievements of small and medium-sized enterprises (SMEs) across the nation, fostering growth and innovation within the Maldivian business sector. The 2025 […]

  • Awesome Maldives
  •  Maldives News
Read more
Sat 06 Sep 2025

Maldives Records MVR 534.6 Million Surplus Amidst Slowdown in Capital Spending

The Maldives registered a budget surplus of MVR 534.6 million by the end of August 2025, according to the Ministry of Finance and Planning’s latest Weekly Fiscal Developments report. This positive fiscal outcome resulted from robust revenue collection coupled with lower-than-projected capital expenditure. While indicating short-term financial stability, the report also highlights concerns regarding the […]

  • Awesome Maldives
  •  Maldives News