Maldives Business Bulletin
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Maldives Business Bulletin

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Republic of Maldives bans smoking for Gen Z, future generations
Maldives enacts first ever generational bar on tobacco
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Maldives Business Bulletin

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Maldives operator orders 12 Candela foiling ferries

Maldives operator orders 12 Candela foiling ferries

Written by Nick Blenkey Maldives operator Ego Shuttle has ordered twelve Candela P-12 electric foiling ferries. [Image: Candela] In another success for Sweden’s Candela Technology AB, Maldives operator Ego Shuttle has ordered twelve Candela P-12...

Owner:  McGinnis Family
Flying Electric Ferries to Clean Up the Maldives and End Seasickness

Flying Electric Ferries to Clean Up the Maldives and End Seasickness

A fleet of revolutionary electric vessels will help the Maldives cut pollution, while giving tourists a smooth, seasickness-free ride. Meet the Swedish-made engineering marvel Candela P-12. In 2026, tourists will be able to leave behind the bumpy,...

Owner:  TSC Strategic
Finance ministry orders Hulhumalé Hospital to stop accepting MVR cash payments
Can This High-Tech, Electric-Powered, Hydrofoiling Boat Save The Maldives…And Seasick Tourists Too?
Maldives unveils sustainable townships plan a foundation of diversified economy
Gov’t sets record for project awards to private companies in a single day, while failing to pay outstanding dues
10 companies secure over MVR 1.5 billion in no-bid projects from Muizzu administration
Candela’s flying electric boats set to soar around the Maldives

Candela’s flying electric boats set to soar around the Maldives

In a landmark move for sustainable maritime transport, Swedish firm Candela is bringing its hydrofoiling electric vessel, the Candela P‑12, to the Maldives, promising faster, cleaner, seasickness-free transfers from the airport to the remote...

Owner:  Seth Weintraub
SDFC opens new loan scheme for women entrepreneurs

SDFC opens new loan scheme for women entrepreneurs

The SME Development Finance Corporation (SDFC) has opened applications for a new financing scheme aimed at supporting women-led businesses. The scheme offers Shariah-compliant, collateral-free financing ranging from MVR 25,000 to MVR 250,000. It...

Owner:  Ahmed Siyam
A New Economic Blueprint: Maldives Introduces Sustainable Townships

A New Economic Blueprint: Maldives Introduces Sustainable Townships

The Maldives is moving to expand its tourism model with proposed amendments to the Special Economic Zones (SEZ) Act. The changes create a new category of Sustainable Townships, designed for large-scale, integrated developments that combine...

Owner:  Graham Edward Cooke
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