Corporate Maldives

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LATEST ARTICLES

President Appoints Two Members to Tax Appeal Tribunal

President Dr Mohamed Muizzu has appointed two members to the Tax Appeal Tribunal in line with the Tax Administration Act.

World Bank Warns of Mounting Fiscal Risks in Maldives Amid Tourism-Driven Economy

The World Bank’s South Asia Development Update (October 2025) places the Maldives’ economic outlook in sharp relief against its regional peers, noting...

SIMDI Group Appoints Woodlane Pvt. Ltd. as Exclusive Sub-Distributor for Fuvahmulah

SIMDI Group has signed a sub-distributorship agreement with Woodlane Pvt. Ltd., appointing the company as the exclusive sub-distributor for Fuvahmulah.

Gov’t Expands Power to Award Contracts Without Open Bidding

The government has amended the Public Finance Regulation to allow the awarding of all government contracts without a competitive bidding process, provided...

Veligandu Maldives Resort Island Achieves Eight Hours of Clean Energy Daily

Veligandu Maldives Resort Island has successfully completed its Solar Energy Initiative, marking a major step towards sustainable island operations. Following two weeks...
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