Ooredoo Maldives Highlights Success of Leadership Development Program with Harvard University
Ooredoo Maldives has announced the continued success of its Leadership Development Program, run in collaboration…
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Review of Council Proposals for Uninhabited Island Acquisitions Begins
Minister of Cities, Local Government, and Public Works, Adam Shareef Umar, has announced that the…
Gov’t to Amend Taxation Act to Strengthen MIRA’s Authority
The government has announced plans to amend the Administrative Taxation Act, aiming to enhance the…
Maldives Expands Sea-to-Air Cargo Transshipment Services to Seven Airlines
Maldives Airports Company Limited (MACL) has announced that the number of airlines participating in its…
Gov’t Submits Bill to Parliament Seeking to Raise Tourism and Airport Taxes
The government has submitted three crucial bills to the Parliament aimed at increasing taxes in…
Japan Donates Surveillance Equipment to Boost Maritime Security in Maldives
The Government of Japan has donated pier surveillance equipment to the Maldives, valued at ¥347…
MIRA Publicly Names 170 Tourism Sector Defaulters
The Maldives Inland Revenue Authority (MIRA) has revealed the names of 170 individuals within the…
UN Assistant Secretary-General Concludes Official Mission to Maldives
United Nations Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific, Ms. Kanni…
Development Bank of Maldives Granted Banking Licence
The Maldives Monetary Authority (MMA) has officially granted a banking licence to the Development Bank…
MIRA’s Revenue Recovery Efforts Yielding Positive Results, Says Commissioner General of Taxation
The Commissioner General of Taxation, Hassan Zareer, has revealed that the Maldives Inland Revenue Authority’s…
Dr. Mohamed Mahid Shareef Appointed CEO of Institute of Chartered Accountants of the Maldives
The Institute of Chartered Accountants of the Maldives (CA Maldives) has appointed Dr. Mohamed Mahid…
Targeted Cash Transfers Proposed to Mitigate Impact of Subsidy Reforms in the Maldives
A recent report by the World Bank has raised concerns about the potential impact of…
Maldives Strengthens Conservation Efforts for Whale Sharks with New Regulation
The Government of Maldives has introduced a new regulation, No. 2024/R-96, aimed at enhancing the…
GEF Allocates MVR 1.5 Million to Community Organisations in Laamu Atoll Through ‘Endheri’ Project
The Global Environment Facility (GEF) has allocated MVR 1.5 million in financial aid to three…
469 STELCO Employees Complete Leadership Enhancement Programme
The State Electric Company (STELCO) has announced that 469 of its employees have successfully completed…
Renovation Works Begin at Kooddoo Airport Following Suspension of Flights
The government has initiated renovation efforts at Kooddoo Airport after national carrier Maldivian halted its…
The Role of SOE Reform in Restoring the Maldives’ Fiscal Health
According to the latest World Bank Maldives Development Update (October 2024), state-owned enterprises (SOEs) in the…
Maldives Sees Slower Credit Growth as Personal Loans Surge
The Maldives has experienced a deceleration in private sector credit growth, as highlighted in the…
Long-Term Policies Crucial for Maldives’ Development, Says UN Official
Kanni Wiganaraja, Assistant Secretary of the United Nations and UNDP Regional Director for South Asia…
World Bank Urges Urgent Economic Reforms Amid Rising Vulnerabilities in Maldives
The World Bank has called for urgent and comprehensive economic reforms in the Maldives to…
FNFC Acquires Investment Fund Licence for Real Estate and Hospitality Fund
The First National Finance Corporation (FNFC) has secured an investment fund licence from the Capital…
Creative Economy Fund Now Open for Applications
The Business Centre Corporation (BCC) has announced that applications are now open for the Creative…
Report: Bridging Horizons, The Maldives’ Imperative to Maintain Close Ties with India
President Dr Mohamed Muizzu’s recent state visit to India from 6th to 10th October 2024…
Maldives Sees 93% Revenue Surge as Resorts Extend Leases to 99 Years
The Maldives recorded a substantial increase in revenue collection for September 2024, totalling MVR 2.3…