President Aims to Phase Out Black Market as Maldives Targets Official Dollar Rate by...
The Maldivian government has set a target to eliminate the black market for US dollars and restore access to foreign currency...
Cabinet Reviews Progress of Key Infrastructure Projects in Working Session
The Cabinet convened a working session at the President’s Office on Tuesday to assess the progress of the government’s priority infrastructure...
PCB Updates Appointment Process for Senior Finance and Audit Roles in SOEs
The Privatisation and Corporatisation Board (PCB) has revised the eligibility criteria for Chief Financial Officers (CFOs) and Chief Internal Auditors (CIAs)...
Economic Minister Reports Gains from Bunkering, Dismisses US Tariff Concerns
Minister of Economic Development and Trade, Mohamed Saeed, has said that the Maldives’ newly launched bunkering services are already proving to...
Gov’t Issues New Treasury Bills Amid Soaring Local Debt Exposure
The Government of Maldives has announced a fresh round of treasury bill (T-bill) offerings totalling MVR 1.25 billion, as it continues...
MIRA Reveals 146 Businesses Owe Over MVR 600,000 in Unpaid GST
The Maldives Inland Revenue Authority (MIRA) has published the names of 146 establishments with overdue Goods and Services Tax (GST) of at...
Maldives Expands Aquaculture Zones to Include Lagoons and Offshore Areas
The Maldivian government has amended regulations to allow the lease of lagoons and offshore sea areas, those not under the jurisdiction...
WAMCO to Offer Jobs to People with Disabilities and Impoverished Through New Agreement
The Waste Management Corporation Limited (WAMCO) has entered into an agreement with the Ministry of Social and Family Development to offer...
MIRA Issues Guidance on Input Tax Claims for Capital Expenditure Under GST
The Maldives Inland Revenue Authority (MIRA) has issued a new guide to clarify how registered businesses can claim input tax under...
MACL Kicks Off Staff Awareness Sessions under ‘Green Airport’ Sustainability Drive
Maldives Airports Company Limited (MACL) has begun a series of employee awareness sessions aimed at strengthening sustainability efforts at Velana International...
President Ratifies Israeli Passport Ban, But Drops Clause on Dual Nationals
President Dr Mohamed Muizzu has ratified an amendment to the Maldives Immigration Act, enforcing a ban on the entry of Israeli...
POLCO Faces New Corruption Allegations Over MVR 350 Million Catering Contract
The Police Cooperative Society (POLCO) is facing renewed scrutiny as fresh allegations emerge over the awarding of a long-term catering contract,...
Gov’t Urges Employers to Complete Biometric Registration for Foreign Workers by End of April
The Ministry of Homeland Security and Technology has called on all employers in the Maldives to ensure that biometric registration for...
Gov’t Launches SFD-Financed Housing Development in Hulhumalé
A major new housing development was launched yesterday in Hulhumalé, with support from the Saudi Fund for Development (SFD). The project,...
Saudi Fund Extends Additional USD 17 Million Loan for VIA Terminal Project
The Government of Maldives has secured an additional USD 17 million (MVR 262 million) in financing from the Saudi Fund for...
Importers Now Required to Show Garage Space Before Bringing Four-Wheelers into Maldives
The Ministry of Transport and Civil Aviation has introduced a new requirement for importing four-wheel vehicles into the Maldives, mandating proof...
Green Tax Revenue Up 72%, But Environmental Spending Lags Behind
Green Tax collections in the Maldives reached MVR 401.2 million by 20 March 2025, marking a notable increase from the MVR...
Tobacco Use to Be Banned for Those Born On or After 1 Jan 2007
The Maldivian government has decided to implement a generational ban on tobacco, restricting the sale, purchase, and use of tobacco products...
Minister Khaleel Holds High-Level Talks with Global Counterparts in Türkiye
Minister of Foreign Affairs Dr Abdulla Khaleel is currently in Türkiye for the fourth edition of the Antalya Diplomacy Forum (ADF),...
Maldives to Launch National Cyber Security Operation Centre by Year-End
The Maldives is preparing to establish a National Cyber Security Operation Centre before the end of the year, as part of...
Parliament to Probe MFMC Over Stalled Addu Hankede Development
Central Hithadhoo MP Ahmed Azaan has submitted a request to the Speaker of Parliament to summon officials from the Maldives Fund...
Public Transport Struggles to Shift Gears in Malé’s Congestion Crisis
Despite expanding its bus fleet and recording millions of commutes annually, Greater Malé’s public transport system is still far from easing...
MACL Begins Reconstruction of Taxiway Charlie at VIA
Maldives Airports Company Limited (MACL) has officially begun the reconstruction of Taxiway Charlie at Velana International Airport (VIA), marking the start...
Major Study Recommends Slashing Vehicles in Greater Malé to Ease Congestion and Pollution
A comprehensive study by the Islamic University of Maldives (IUM) has recommended a significant reduction in the number of vehicles in...
LATEST ARTICLES
Maldives Sees Over 54,000 Tourists in First 10 Days of May
Tourist arrivals to the Maldives during the first ten days of May 2025 reached 54,058, reflecting a 17.6 percent increase compared...
Bank of Maldives Launches Student Debit Card
Bank of Maldives has launched the country’s first student debit card, aimed at helping children gain practical money management skills from...
Electricity Relief Carried Into April, STELCO Confirms
State Electric Company Limited (STELCO) has clarified that electricity bills issued for April 2025 closely resembled those of March in many...
Green Tax Haul Doubles in April After Rate Hike
Green Tax revenues for April 2025 more than doubled compared to the same period last year, according to the latest figures...
Maldivian Expands Domestic Network with Muli Route
Maldivian, the national airline of the Maldives, has announced the launch of direct flights to Meemu Muli, introducing scheduled air connectivity...
