ARISE Phase 3 Begins with Eydhafushi Solar Grid Connection
Eydhafushi's new 1.2MW solar grid under ARISE cuts diesel use and boosts renewable energy.
Section
Government
Withholding Tax on Foreign Contractors Set to Double Under Gov’t Proposal
Maldives government proposes doubling withholding tax on foreign contractors from five to 10 per cent.
ESCAP Workshop Examines Data-Driven Social Protection Policy in Maldives
Maldives reviews social protection gaps using census data at ESCAP workshop, producing evidence-based policy recommendations.
Bill Seeks GST Registration for Foreign Travel Agents and Booking Platforms
Proposed GST amendment taxing offshore travel platforms could generate MVR 1.6 billion annually.
President Nominates Jameela Ali Khalid as High Commissioner to UK
President Muizzu nominates senior diplomat Jameela Ali Khalid as Maldives' UK High Commissioner.
Maldives to Integrate Thilafushi Port Operations with ‘Maldives 2.0’ Digital System
Maldives to relocate main port to Thilafushi, integrating operations with 'Maldives 2.0' digital system.
MMA Invites Public Feedback on Two Insurance Regulations
MMA opens two draft insurance regulations under the Insurance Act for public feedback until August.
MPL Consults Clearing Agents and Truck Drivers on Thilafushi Port Move
MPL consults port users as it prepares to relocate commercial harbour to Thilafushi by 2026.
President Muizzu Projects National Infrastructure Deliveries to Peak in 2027
President Muizzu projects national infrastructure project completions to peak in 2027, spanning 2026 to 2028.
Dharavandhoo Airport Terminal Project Put Out for Re-Bid with Contractor Financing
IASL reopens bidding for Dharavandhoo Airport terminal project requiring contractor financing and 18-month completion.
Port Services to Begin Moving to Thilafushi from October
Maldives to begin relocating Malé Commercial Harbour services to Thilafushi from October this year.
MACL Launches Aviation Institute of Maldives to Accelerate Technical Sector Training
MACL launched the Aviation Institute of Maldives, graduating its first cohort of 29 students.
Maldives and US Discuss Expanding Trade and Investment Relations
Maldives and U.S. discuss strengthening trade, investment, and digital connectivity to deepen economic partnership.
ADB Approves USD 50 Million Emergency Loan to Support Maldives Fuel Imports
ADB grants Maldives USD 50 million emergency loan to fund fuel imports and services.
MMA to Propose Comprehensive Revisions to the Foreign Currency Act
MMA proposes major Foreign Currency Act reforms tightening conversion rules and expanding central bank oversight.
Maldives Identifies 294,000 Foreign Workers in Biometric Audit
Maldives biometrically identifies 294,000 foreign workers, leaving only 1,102 unidentified amid immigration crackdown.
July Revenue Holds at MVR 3.41 Billion as Non-Tax Receipts Offset Tax Decline
July revenue held at MVR 3.41 billion as non-tax receipts offset tax declines.
President’s Office Reopens Applications for Deputy Tax Commissioner
President’s Office reopens applications for MIRA Deputy Commissioner General of Taxation, deadline 23 August 2026.
Gov’t Moves to Set CITES-Compliant Export Process for Amberfish Sea Cucumber
Maldives government outlines CITES-compliant export framework and licensing rules for amberfish sea cucumber exporters.
Government Launches ‘My Career Portal’ to Streamline Employment and Skills Development
Maldives launches My Career Portal centralising jobs, recruitment, and career guidance for skilled national workforce.
Maldives Introduces New Framework to Standardise Non-Residential Land Allocation
New Maldivian regulations standardise non-residential land allocation, valuation, registration, and transparency across councils and institutions.
Maldives Opens Applications for Agricultural Loan Scheme to Boost Local Farming
Maldives opens second-round agricultural grants and Islamic financing to boost climate-smart local farming production.
Maldives Advances Renewable Energy Push as ‘Magey Solar’ Reaches First 250 Households
Maldives' 'Magey Solar' reaches 250 households, advancing renewable energy goals and easing utility bills nationwide.
Central Bank’s Government Bond Holdings Rise by MVR 2.4 Billion in July
MMA's balance sheet expanded in July as government bond holdings rose sharply despite foreign asset…