State Budget Absorbs MVR 300 Million in Loans for SOEs’ Cash Flow
The Finance Ministry has disclosed that the state budget has utilised MVR 300 million in…
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88 Undeveloped Resorts in the Maldives Incur Annual Loss of MVR 26 Billion
The Ministry of Finance has revealed that 88 of the resorts in the Maldives lose…
MMA Governor Hashim Selected as a World Bank and IMF Governors’ Board Chairman
Yesterday, during the Annual Meetings of the International Monetary Fund and the World Bank Groups…
MIRA Organises ‘Compliance Day’ Visits to Businesses in Male’ City and Islands
Today, the Maldives Inland Revenue Authority’s (MIRA) team is conducting visits to businesses in both…
Finance Ministry Reveals 2024 Budget Projection of MVR 50.6 Billion
The Finance Ministry has unveiled its fiscal strategy report, outlining a budget projection of MVR…
Maldives Delegation Participates in the 54th Session of the Human Rights Council
The 54th Session of the United Nations Human Rights Council concluded in Geneva yesterday. The…
Dhiraagu Celebrates Long-Serving Staff for Their Contributions to 35 Years of Enriching Lives
Dhiraagu has held a special staff event to honour the company’s long-serving staff who have…
Rules Revised for Foreign Employee Pension Fund Disbursement
The rules have been updated to permit foreigners who have contributed to pension funds to…
2022 Survey Highlights Trust Issues Concerning Governmental Tax Bodies
Taxes contributed to a substantial 70% of the Maldives’ total government revenue and grants last…
Finance Ministry Report Reveals Increase in Fuel and Electricity Subsidies
The Finance Ministry’s latest report, titled ‘Statement on Fiscal Constraints,’ shows a substantial increase in…
Foreign Secretary Highlights the Priority Areas for the Maldives During the 23rd IORA Meeting
Foreign Secretary His Excellency Ahmed Latheef participated in the 23rd Meeting of the Council of…
MIFCO Boosts Capacity from 40,000 to 63,000 Tonnes
In a statement, CEO Ismail Fauzee announced that the capacity of the Maldives Industrial Fisheries…
Bank of Maldives Announces Winners of Startup Grant 2023
Bank of Maldives announced the two winning businesses for the BML Startup Grant 2023 today.…
MACL Reports Q1 Revenue MVR 2.7 Billion
Maldives Airports Company Limited (MACL) has reported a revenue of MVR 2.7 billion in the…
MPL Clears Over 1,282 TEUs of Cargo
Maldives Ports Limited’s (MPL) statistics reveal that they successfully cleared 1,282 TEUs of cargo from…
Maldives Wins 31 SATA Awards
The Maldives was honoured with 31 awards at this year’s South Asian Travel Awards (SATA)…
Instagram Baker ‘Hawwan Cakes’ Expands with BML Startup Grant
‘Hawwan Cakes,’ a popular Instagram baker, has successfully launched a bakery in Male’ city, with…
MIRA Introduces Three-Step Business Deregistration Process
The Maldives Inland Revenue Authority (MIRA) has rolled out a three-step procedure on its official…
Foreign Ministry Clarifies On-Arrival Visa Conditions for Maldivians Travelling to Oman
The Ministry of Foreign Affairs has announced that Maldivian citizens travelling to Oman are required…
State Minister Khaleel Calls for Stronger Unity Among Archipelagic Island States
The Minister of State for Foreign Affairs, Ahmed Khaleel, today delivered a statement at the…
MIRA Reports MVR 1.18 Billion Revenue for September 2023
According to the Maldives Inland Revenue Authority (MIRA) September revenue report, they received MVR 1.18…
MMPRC Promotes the Sunny Side of Life at IFTM Top Resa 2023
Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives) has promoted the breathtaking Sunny Side…
Urbanco Announces Progress in Hulhumale’ Phase 3 Land Reclamation
In the latest update on the Hulhumale’ Phase 3 land reclamation project, Urbanco has announced…
RJ Reddy Appointed as CEO of Jalboot Marine Services
Jalboot Marine Services Pvt ltd, a distinguished leader in the marine services industry in the…