Abdulla Faiz Appointed as Chairperson of MIFCO
Abdulla Faiz, a veteran commercial and tourism executive, appointed Chairperson of state-owned MIFCO.
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Author: Corporate Maldives
What the Maldives’ New GST Rules Mean for Overseas Tour Operators
Maldives extends 17 per cent tourism GST to qualifying overseas tour operators from October 2026.
Maldivian Expands India Services to Six Flights Weekly
Maldivian increases Thiruvananthapuram and Kochi routes to six weekly flights from 13 December.
MIRA Demands Foreign Tourism Booking Data
MIRA orders tourism operators to disclose foreign booking partners to enforce new GST registration rules.
Visit Maldives Corporation Requires a Complete Structural Overhaul, Not Just a Leadership Change
Maldives tourism marketing agency needs structural reform and financial accountability, not just repeated leadership changes.
MTDC Passes Dividend Distribution of Half a Rufiyaa Per Share
MTDC approves half-rufiyaa dividend and elects board amid scrutiny over lease transfers and rights issue.
Deadline Set for Unregistered Fishing Vessels to Secure Fuel Subsidies, Ministry States
Maldives sets 2026 deadline for fishing vessels to register for subsidised fuel access.
Maldives and Japan Sign Scholarship Agreement to Strengthen Civil Service
Maldives and Japan sign scholarship agreement to strengthen civil service through Japanese Master's degrees.
Maldives to Establish Legal Framework for Offshore Resource Exploration
Maldives Cabinet approves legal framework to regulate offshore exploration and extraction of natural resources.
AutoSphere Expands EV Range with New BYD Arrivals
AutoSphere expands its electric vehicle line-up with three newly arrived BYD models at its showroom.
Seven New Laws Reshape Tax, Forex and Transport Rules
Seven ratified laws expand state regulation over forex, taxation, land, transport and fisheries.
Maldives Seeks Closer Economic Cooperation with Malaysia
Maldives seeks deeper economic ties with Malaysia while marking five decades of diplomatic relations.
Jameela Ali Khalid Appointed Maldives High Commissioner to UK
President Muizzu appoints Jameela Ali Khalid as Maldives High Commissioner to the United Kingdom.
Gov’t to Allocate Half of Higher Education Loans to STEM Fields
Maldives to allocate half of government higher education loans to STEM fields, expanding workforce.
New Regulations Expand MMA Oversight of Insurance Sector
MMA issues two new insurance regulations tightening local coverage, licensing, and enforcement oversight standards.
STO Gives Engineering Students Practical Exposure to Construction Operations
STO gave MNU engineering students hands-on construction exposure for National Engineers' Day 2026 activities.
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.
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.