SOEs told to cut costs and freeze hiring

SOEs told to cut costs and freeze hiring

The Privatisation and Corporatisation Board (PCB) has issued new directives requiring state owned enterprises to reduce spending and pause hiring and promotions, citing economic pressure linked to the Middle East conflict. What the directive says Under the directive, companies are required to reduce expenditure on salaries and allowances, organise work within official hours, and limit […]

Read More
 Wave of SOE changes follows 4 April elections

Wave of SOE changes follows 4 April elections

A series of leadership changes across state owned companies has taken place within days of the 4 April 2026 Local Council Elections and referendum, where the government saw losses in city councils and the proposal to combine elections was rejected. Changes across key companies At Fenaka Corporation, Managing Director Mohamed Najah was dismissed on 6 […]

Read More
 Government says it is monitoring supplies and prices

Government says it is monitoring supplies and prices

Government of Maldives says it is monitoring the supply of essential goods and price changes as global disruptions linked to the Middle East conflict affect markets. Essential goods under watch Economic Minister Mohamed Saeed said 164 essential items are being tracked on a daily basis. He said no shortages have been reported over the past […]

Read More
 Ahmed Mohamed appointed Police Commissioner

Ahmed Mohamed appointed Police Commissioner

President Mohamed Muizzu has appointed Ahmed Mohamed, known as “Two Four,” as Commissioner of Police on 5 April 2026. He was presented with his letter of appointment at a ceremony held at the President’s Office. The position became vacant after former Commissioner Ismail Naveen retired last month. During the interim, Deputy Commissioner Farhad Fikry served […]

Read More
 Voters turn out in record numbers

Voters turn out in record numbers

Maldives held Local Council Elections, Women’s Development Committee (WDC) elections, and a national referendum on 4 April 2026, with turnout reaching 73 percent. According to the Elections Commission, 214,898 people voted out of 253,714 eligible voters. This is the highest turnout recorded in a Local Council Election and higher than around 67 percent in 2021. […]

Read More
 Student loan applications open for 2026

Student loan applications open for 2026

Applications for the 2026 student loan scheme opened on 1 April 2026, allowing students to apply for higher education and training both in Maldives and abroad. What the scheme offers Students can apply for programmes from Level 5 to Level 10 under the Maldives National Qualifications Framework. This includes diploma, degree, and postgraduate studies, as […]

Read More