MMA Urges Tourism Businesses to Comply with Foreign Currency Regulation by 30th October
The Maldives Monetary Authority (MMA) has issued a directive urging tourism sector businesses to adhere…
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Report: Tourist’s Death Sparks Debate Over Safety in Maldives’ Local Tourism Sector
The recent drowning of a Chinese tourist while snorkelling near Maafushi has cast a harsh…
Maldives Welcomes Surge in Budget-Friendly Tourism as Visitor Numbers Hit Record High
A recent report by the Mastercard Economics Institute has revealed a significant transformation in the…
Political Appointee Salaries Make Up Nearly Four Percent of Payroll
The Maldivian government has announced pay cuts for political appointees and other officials as part…
A Sudden Shift in Tobacco Policy: Assessing the Impacts of the Maldives’ Vape Ban and Tax Hike
The Maldives government’s recent announcement to implement new taxes on e-cigarettes and vaping products, followed…
Gov’t Submits MVR 5.1 Billion Supplementary Budget to Parliament
Finance Minister Moosa Zameer has submitted a supplementary budget of MVR 5.1 billion to the…
BML Increases Debit Card Limit for Maldivian Students Abroad to USD 1,200
The Bank of Maldives (BML) has announced an increase in the monthly foreign transaction limit…
Vice President Invites Commonwealth Businesses to Invest in Sustainable Growth
In a keynote speech at the Commonwealth Business Forum, held during the Commonwealth Heads of…
MPs Debate Timing of TGST Hike as Tourism-Related Bills Head to Sub-Committee
Two government-proposed bills seeking to increase tourism-related taxes have been forwarded to a sub-committee of…
MMPRC Advances Future of Tourism Marketing, Focuses on Personalised Strategies
The Maldives Marketing and Public Relations Corporation (MMPRC) is pushing forward into the future of…
Maldives to Co-Chair Commonwealth Ministerial Meeting on Small States in 2026
The Maldives will assume a leadership role as co-chair of the Commonwealth Ministerial Meeting on…
Ooredoo Announces 8 Winners in ‘Win a Motorcycle Every 3 Days’ Campaign
Ooredoo Maldives has announced the selection of eight lucky winners in its ongoing “Win a…
Minister Calls for Greater Investment in Agricultural Marketing at Global Food Security Forum
The Maldives’ Minister of Agriculture and Animal Welfare, Dr. Aishath Rameela, has called for increased…
Tourism Minister Outlines Promotional Plans to Boost Visitor Numbers During Low Season
The Minister of Tourism, Ibrahim Faisal, has announced that next year will be a key…
Maldives Urges Unity on Climate Finance at CHOGM 2024
The Vice President, His Excellency Hussain Mohamed Latheef, delivered a powerful address during the Climate…
Maldives Refinances USD 75 Million of Velana Airport Loan
The Government of Maldives has refinanced USD 75 million of a USD 378 million loan…
Tourism Ministry Opens Bidding for Ecotourism Project in Baarah
The Ministry of Tourism has announced the opening of public bidding for the lease of…
Op-Ed: Balancing Growth and Regulations, A Thoughtful Approach for the Maldives
By Sonu Shivdasani, CEO of Soneva As someone who has long admired and invested in…
President Proposes Raising Minimum Age to 21 for Tobacco Sales
President Dr Mohamed Muizzu has proposed raising the minimum legal age for purchasing tobacco products…
Registrations Closing Soon for Ooredoo Nation Inter-Resort Championship
Ooredoo Maldives has announced that registrations for the highly anticipated Ooredoo Nation Inter-Resort Championship will…
Minister Calls for Greater Transparency in Statistical Data to Shape Effective Policy
The Minister of Homeland Security and Technology, Ali Ihusaan, has highlighted the importance of transparency…
Vape Products to Face 200% Duty Increase Before Import Ban Next Month
The government has announced a significant increase in import duties on e-cigarettes and related vaping…
Can the Maldives Achieve Its 2 Million Tourist Arrival Goal for 2024?
As of 20th October 2024, the Maldives has recorded 1,598,345 tourist arrivals, based on data from the…
Gov’t to Mandate Chartered Accountants for State-Owned Companies
The Minister of Finance, Moosa Zameer, has announced plans to amend regulations requiring all government-owned…