MMA Reports Increase in Foreign Currency Assets in February 2025

The Maldives Monetary Authority (MMA) has released its financial position for February 2025, highlighting notable growth, particularly driven by an increase in...

Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024

The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust growth in the tourism sector despite a...

February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt

The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an acceleration from the 4.1% growth observed in the second...

Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline

The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...

MIRA Collected MVR 63 Million in Employee Withholding Tax: Here’s Where It Came From

The Maldives Inland Revenue Authority (MIRA) has released its Quarterly Employee Withholding Tax (EWT) report for the fourth quarter of 2024 (24Q4), shedding light...

Inflation Rises by 0.33% in January as Food Prices Climb

The Maldives’ Consumer Price Index (CPI) saw a modest increase of 0.33% in January 2025 compared to December 2024, reflecting fluctuations in food, accommodation,...

LATEST ARTICLES

Corporate Maldives Wraps Up Bizweek with High-Level Engagements and Strategic Networking

Corporate Maldives officially concluded the inaugural edition of Bizweek 2025 this evening following a successful two-day programme that included curated Network Meetings,...

Ministry Issues Warning on Biometric Data Compliance for Migrant Workers

The Ministry of Homeland Security and Technology has issued a warning to employers and migrant workers, stating that strict measures will be...

Gasim Raises Concerns Over Shift to MVR Payments for Employees in Tourism Sector

Jumhoori Party leader Gasim Ibrahim has raised concern over the decisions by some tourism operators to pay service charge and salaries in...

Tourism Ministry Represents Maldives at China–Sri Lanka–Maldives Forum

The Maldives has taken part in the tri-nation ‘China-Sri Lanka-Maldives Tourism Forum’, aimed at promoting tourism and fostering greater collaboration among industry...

Dhiraagu Supports Nation’s Largest Education Event as Digital Partner

Dhiraagu has been announced as the Digital Partner for Education Expo 2025, the largest education-focused event ever hosted in the Maldives. The...
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