Tourism Ministry Reinforces Mandate for Monthly Statistics Submissions
The Ministry of Tourism has released a circular announcing that Guesthouses and Safari Operators who fail to submit monthly statistics reports will be penalized...
BPT Return Exemption for Individuals and Deemed Partnerships
The Maldives Inland Revenue Authority has amended the Business Profit Tax Regulation exempting registered individuals and deemed partnerships who fulfill certain conditions from submitting...
Small Businesses required to submit GST return online
The Maldives Inland Revenue Authority has published a ruling on 5 June 2017 which makes it mandatory for certain businesses to submit their General...
CTL Strategies Conducts Seminar on Withholding Tax for Tourism Professionals
A seminar on “Contemporary Issues on Withholding Tax in the Tourism Industry” was conducted by CTL Strategies on 12 August 2017.
The seminar held at...
Gov’t to Explore Chinese Trade in Rufiyaa, Aims to Reduce Dollar Reliance
Minister of Economic Development and Trade, Mohamed Saeed, disclosed that China is poised to enable payments for goods in Maldivian Rufiyaa (MVR).
Gov’t Reports Progress in Stabilizing Dollar Exchange Rate
Mohamed Saeed, Maldives' Minister of Economic Development and Trade, has announced progress in stabilizing the nation's dollar exchange rate. Minister Saeed attributes...
Ministry Seeks Participation in Restructured Minimum Wage Advisory Board
The Ministry of Higher Education, Labor and Skills Development in the Maldives has issued a call for civil society organizations to apply...
Maldives Welcomes Over 7,000 Tourists Daily
The Maldives is enjoying a significant resurgence in tourism, with the Ministry of Tourism reporting an average of over 7,000 tourists visiting...
LATEST ARTICLES
Solar City, Residence by Investment Programme Among Key Deals at Business Forum
The Maldives–Singapore Business Forum 2025, held yesterday at Capella Singapore, brought together over 200 delegates, including high-ranking government officials, international investors, and...
PCB Appoints Directors to Support State-Backed Development Bank
The Privatisation and Corporatisation Board (PCB) has appointed four members to the Board of Directors of the newly established Development Bank of...
Sargsyan to Oversee IFC and MIGA Operations in Maldives as World Bank Group Consolidates...
Gevorg Sargsyan, who has been serving as the World Bank Country Manager for the Maldives since 2023, has now assumed an expanded...
Thilamalé Bridge Reaches Key Milestone with Piling Phase Finished
The Thilamalé Bridge project has passed a critical juncture with the completion of its piling works, marking significant progress in one of...
President Muizzu, Singapore Leaders Chart Future of Bilateral Ties
President Dr Mohamed Muizzu and First Lady Sajidha Mohamed were formally welcomed in Singapore yesterday, as part of the President’s ongoing state...
