CTL Strategies starts publishing “Tax Alert”

Leading tax advisory firm, CTL Strategies has started a new publication called ‘Tax Alert’. This is part of their ongoing effort to keep public...

More than 23,000 Businesses Registered: Economic Ministry

So far 23,626 businesses in Maldives have registered with the Ministry of Economic Development, the Ministry has said. Speaking at a press briefing held at...

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...

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...

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).

Amendment submitted to change duration period of Bank’s Board of Directors

Ruling Party member Jameel Usman has submitted amendments to Maldives Banking Act (24/2010). Amendments to Article 15 (b) is a change to the duration of...

Economic Ministry Winding Up over 6000 Companies

The Ministry of Economic Development has released a list of 6349 companies for winding up, for neglecting to pay the annual fees before the...

Micro Businesses Not Required to Submit Auditor’s Report

The Maldives Inland Revenue Authority has brought an amendment to the Business Profit Tax Regulation exempting micro businesses from submitting an auditor’s report with...

LATEST ARTICLES

Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives

Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...

Gov’t Eyes Fast-Paced Rollout of 550 Development Projects

President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...

Bayfancy Residence: Smart Living with a Personal Touch

Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...

President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January

President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...

Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...

Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...
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