September Tourism Holds Steady as Annual Arrivals Remain Below 2025
September tourist arrivals held steady year-on-year, but annual totals remain below 2025's pace.
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August CPI Falls, but Food and Transport Remain Costlier
August CPI fell on cheaper cigarettes, but food and transport costs remained higher for households.
Singapore Court Orders Soneva Holdings Sale Process to Begin by November
Singapore court orders Soneva Holdings majority shareholder to begin marketed sale process by November.
Major-Power Rivalry Must Not Limit Small States’ Choices, Maldives Tells UN
Maldives urges UN cooperation protecting small states' sovereignty amid rivalry, debt and climate change threats.
Aman to Open First Maldives Resort in Vaavu Atoll
Aman debuts in Maldives with Amanolu resort and private-island residences in Vaavu Atoll, 2028.
Finance Minister Says Ras Malé Project Could Ease Dollar Shortage
Finance Minister says Ras Malé project could ease dollar shortage, though key financing details remain…
Eagle Hills, Government Agree Terms for USD 20 Billion Ras Malé Development
Government and Eagle Hills agree terms for USD 20 billion Ras Malé waterfront development.
Maldives Completes Repayment of USD 150 Million SBI Facility
The Maldives has completed repayment of a USD 150 million budget support facility arranged through…
Maldives Tests Climate Data Framework for Island States
The Maldives is being used as a pilot site for a climate-data framework designed to…
Maldives Ends Work Visa Conversion for Business Visa Holders
Maldives bars Business and Special Visa holders from converting to Work Visas, targeting employer misuse.
Minister Saeed Claims Dollar Black Market Rate Returns to 2023 Level
Minister Saeed says dollar black market rate returned to 2023 level, but shortages persist.
BML Shifts New Personal Accounts and Financing to Islamic Banking
BML makes Islamic banking the default for new personal accounts and financing, keeping conventional services…
BML Sets USD 16 Million Monthly E-Commerce Allocation for MVR Cards
BML sets shared USD 16 million monthly dollar allocations for MVR card e-commerce transactions.
New MIRA Guide Clarifies GST on Tourism Resellers and Agents
MIRA guide explains how expanded 17 percent tourism GST applies to inbound resellers and agents.
State Revenue Reaches MVR 2.42 Billion as Delayed Taxes Lift August Collections
August state revenue rose to MVR 2.42 billion, boosted by delayed taxes and overdue payments.
UK Says Chagos Sovereignty Talks Remain Bilateral Matter
UK reaffirms Chagos sovereignty is bilateral with Mauritius, rejecting Maldives' push to join negotiations.
Gov’t Moves to Retake Dhiraagu Majority and Fully Own MWSC
Government moves to secure majority Dhiraagu stake and full ownership of MWSC utility companies.
European Operators Raise Concerns Over Maldives Tourism Tax
European operators seek delay to new Maldives tourism tax on offshore travel businesses.
Maldives’ Foreign Currency Changes: What Businesses, Suppliers and Employees Need to Know
New Maldives foreign currency rules raise conversion requirements and shorten deadlines for businesses and tourism…
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.
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.
Seven New Laws Reshape Tax, Forex and Transport Rules
Seven ratified laws expand state regulation over forex, taxation, land, transport and fisheries.
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.
Abdulla Yaasir Appointed Managing Director of Visit Maldives Corporation
Abdulla Yasir appointed CEO and Managing Director of Visit Maldives Corporation, succeeding resigned Shiuree.