Fiscal Deficit Reaches MVR 1.13 Billion Despite Revenue Growth
Maldives swings to MVR 1.13 billion deficit as spending outpaces revenue growth in 2026.
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Author: Corporate Maldives
Gov’t Plans High-Tech Engineering Lab for Local and International Research
Muizzu announced a high-tech engineering lab for local and international research, funded without state budget…
MACL Showcases Aviation Engineering Expertise to Youth at National Engineers’ Day Children’s Evening
MACL showcased aviation engineering operations to youth at National Engineers' Day Children's Evening in Hulhumalé.
Maldives Forecast Warns of Heat and Uneven Rainfall
El Niño brings above-average heat and uneven rainfall across Maldives, threatening reefs and agriculture.
Deadline Approaches for Tourism Project Bids for Dhapparu of Haa Alif Filladhoo
Investors have until 31 August to bid for Filladhoo's Dhapparu tourism development project.
Skipjack Tuna Prices Rise in Maldives as Seasonal Catch Scarcity Drives Market Demand
Skipjack tuna prices rise to MVR 21 amid seasonal catch scarcity across Maldives.
MIC Group Names Mohamed Nisham as Chief Financial Officer
MIC Group promotes Mohamed Nisham to Chief Financial Officer, expanding his financial leadership responsibilities.
Internal Audit Association Prepares to Host 360 Degree Summit Next Month
Internal Audit Association readies second annual 360 Degree Summit on 6 September, expecting 100 delegates.
Immigration Extends Passport Validity as Booklet Shortage Continues
Maldives Immigration extends passport validity and issues emergency passports amid delayed booklet shipment from Germany.
Why Taxing Foreign Booking Platforms Is Long Overdue
Maldives passes law taxing foreign booking platforms' margins, closing a longstanding tourism GST gap.
Maldives Seeks Greater Use of China FTA Through Hainan Cooperation
Maldives seeks expanded fisheries exports to Hainan and greater use of China FTA cooperation.
SIMDI Group and Care Society Maldives Continue Workplace Training Partnership
SIMDI Group and Care Society Maldives continue workplace training partnership for a fourth year.
The Hawks Sets MVR 17 Diesel Price for Registered Fishing Vessels
Hawks offers MVR 17 diesel for registered fishing vessels across 21 nationwide outlets.
Abdulla Yaasir Appointed Managing Director of Visit Maldives Corporation
Abdulla Yasir appointed CEO and Managing Director of Visit Maldives Corporation, succeeding resigned Shiuree.
Parliament Passes 40% Resort Dollar Conversion Rule and Restricts Black Market Rate Publication
Parliament mandates resorts convert 40% of foreign revenue and restricts publishing black market currency rates.
Parliament Approves Changes Enabling State Acquisition of Council Land for Development
Parliament approves Decentralisation Act amendments allowing state acquisition of council land for government development projects.
Parliament Passes New Land Transport Bill to Overhaul Road Safety Standards
Parliament passes Land Transport Bill modernising road safety, licensing, vehicle lifespan, and Greater Male mobility…
Maldivian Foreign Minister Travels to Saudi Arabia for Crucial OIC Meeting Regarding Palestine
Maldivian Foreign Minister travels to Saudi Arabia for OIC meeting advocating Palestinian rights.
My Career Portal: A Roadmap to Career Pathways
National Career Service launches My Career Portal connecting Maldivian job seekers with employers and guidance.
Parliament Committee Approves Harsher Penalties for Tax Offences
Parliament committee approves amendment increasing prison sentences and penalties for various tax offences.
Gov’t Proposes Legal Framework for Confiscating Criminal Property
Government proposes new legal framework to confiscate criminal assets, addressing gaps and poor enforcement of…
Tobacco-Free Pledge Faces Another Reversal as Import Concessions Expand
Government expands tobacco import concessions while claiming to fight tobacco use, raising policy contradiction concerns.
Palau Minister Highlights Strong Potential for Private Sector Collaboration with Maldives
Palau's minister highlights private sector collaboration opportunities with Maldives, citing Four Seasons and technology.
New Rule Requires Expatriate Workers to Receive Salaries Through Banks
New Maldives rule mandates expatriate salaries be paid directly into workers' bank accounts.