Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA
The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...
Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports
The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety issues following the implementation of the Food...
MIRA Clarifies Tax Obligations on Directors’ Account Balances
The Maldives Inland Revenue Authority (MIRA) has issued detailed guidance on how directors' financial transactions with their companies should be treated...
Immigration Reports Rise in Expatriates with Valid Visas at Malé Local Market
Maldives Immigration has reported an increase in the number of expatriates working at Malé City’s local market with valid visas, following a...
Development Bank of Maldives Rollout Progressing on Schedule, Says Economic Minister
Economic Minister Mohamed Saeed has reaffirmed that the rollout of the Development Bank of Maldives (DBM) is progressing on schedule, despite criticism...
Operation Kurangi Collects Data on Over 25,000 Migrant Workers
The Ministry of Homeland Security and Technology has revealed the collection of biometric data on 1,455 migrant workers during a programme conducted...
Maldives Ends 2024 With MVR 1.61 Billion Green Fund Balance Despite High December Spending
The latest Green Fund Report published by the Ministry of Finance and Planning shows that the Maldives Green Fund collected MVR 109.46 million in December 2024,...
Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll
Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in Gaafu Dhaalu Atoll. Both Maldivian and international...
Maldives International Financial Services Authority Placed Under Finance Ministry
President Dr Mohamed Muizzu has designated the Maldives International Financial Services Authority (MIFSA) as an institution operating under the Ministry of Finance...
CFC Offers Loans for Agribusiness Ventures: Deadline Set for April 2025
The Common Fund for Commodities (CFC) has announced financial support for small to medium-sized agribusiness projects. The initiative aims to provide loans...
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)...
World’s Tallest Navigation Span Segment Installed in Maldives Under GMCP
A major engineering milestone was reached on 3 April 2025 with the successful erection of the tallest precast navigation span segment...
Tourism Minister Says New Law Will Address Delayed Resort Reopenings
Minister of Tourism and Environment Thoriq Ibrahim has stated that recent amendments to the Tourism Act will help address delays in reopening...
Senior Officials Inspect Immigration Area of New Velana Terminal
Senior officials from Maldives Airports Company Ltd (MACL) and the Ministry of Homeland Security and Technology visited the New Passenger Terminal...
Health Ministry Clarifies Food Advertising Rules Amid Business Concerns
The Ministry of Health has clarified the requirements for advertising food and beverage products following concerns from small businesses and individual service...
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...
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...
Maldives’ Aviation History Revived with ‘Dornier Wreck’ Dive Site
An old Dornier 228 aircraft that once belonged to Air Maldives has been submerged near Kudagiri Picnic Island to create a new...
More Island Leases Under Review as Government Targets Inactivity
The government has begun taking back leased islands and lagoons where developers have failed to meet contract obligations, starting with Minaavaru...
President’s Office Confirms Government Closure for Ramadan’s Final Days
The President's Office has announced that government offices will be closed for the last ten days of Ramadan, starting from Thursday, 20...
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 Launches First Overseas Passport and ID Issuance in Malaysia
The Maldives has launched its first overseas passport and identity card issuance service in Malaysia, marking a significant milestone in making...
President Establishes New State-Owned Infrastructure Development Company
President Dr Mohamed Muizzu officially established a new state-owned enterprise, Infrastructure Development Solution Company Limited, under Article 15 of the Companies Act...
Maldives Launches MVR 250M Islamic Social Finance Initiative
A new social financing initiative focused on expanding Islamic Finance and addressing community needs was officially launched in the Maldives on...
LATEST ARTICLES
Maldives and the Global South: A Strategic Recalibration Through India and Sri Lanka
Since the election of President Mohamed Muizzu in November 2023, Maldives’ foreign policy has undergone a profound recalibration. Once known for the...
STO Sees Resilient Second Quarter Despite Lower Revenue from Global Fuel Market
State Trading Organization (STO) reported steady performance for the second quarter of 2025, with strong profitability and improved liquidity, even as overall...
Embracing Paperless Accounting: Why Odoo is Gaining Ground in the Maldives
Maldivian businesses are steadily moving away from paper trails and spreadsheets, driven by the growing need to eliminate inefficiencies, reduce operational costs,...
Maldives Grants 90-Day Free On-Arrival Visas to Sri Lankan Tourists
Sri Lankan citizens travelling to the Maldives will now be eligible for a 90-day free on-arrival tourist visa, according to an announcement...
Dhiraagu Launches Colocation Services to Strengthen Maldives’ Digital Infrastructure
Dhiraagu has expanded its suite of enterprise services by introducing a new Colocation Service aimed at supporting businesses with secure and reliable...
