Gov’t Seeks MVR 2.23 Billion in Treasury Bills

The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...

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...

Registrar of Companies Mariyam Visam Resigns After a Decade in Office

The Registrar of Companies, Mariyam Visam, has stepped down from her position at the Ministry of Economic Development. Her resignation is effective...

New Animal Protection Bill Proposes Fines Up to MVR 1 Million

The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...

New Foreign Currency Regulation Sets Reporting & Compliance Standards

The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...

New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts

The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures for redetermining previously assessed tax amounts in...

Consultancy Sought for Addu City’s 14km Bridge Link Project

The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...

Electricity Demand in Male’ Falls Below Average During First Day of Ramadan

Electricity consumption in Male’ during peak hours on the first day of Ramadan was recorded at 78 megawatts, significantly lower than the...

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...

Public Can Now Track Essential Goods Prices via Agu Magu Portal

The Ministry of Economic Development and Trade has officially launched the Agu Magu Portal, a new platform designed to provide the public with...

Fines Imposed for Goods Transport Violations During Ramadan

The Ministry of Transport has announced designated hours for commercial goods transportation during Ramadan, imposing fines for violations under the Road Traffic...

New Finance Rules Permit Government Projects Without Competitive Bidding

The government has changed public finance regulations, allowing the procurement of goods and services without a competitive bidding process for the next...

STELCO Deploying 350 Employees for Single-Day Electricity Meter Readings

State Electric Company Limited (STELCO) is set to dispatch 350 employees tomorrow to conduct electricity meter readings across the Malé area in...

Gov’t Moves Towards Sustainable Transport with Electric Taxis Initiative

The Ministry of Transport and Civil Aviation, in collaboration with the Ministry of Tourism and Environment, has signed an agreement to introduce...

Maldives Enforces Stricter Rules on Food Advertising to Protect Consumers

The Maldives Food and Drug Authority (MFDA) has introduced new regulations governing food advertising in the country, aiming to prevent misleading promotions,...

STELCO to Offer Minimum 10% Discount on Electricity Bills During Ramadan

STELCO has announced that all households will receive a discount of at least 10% on their electricity bills during the month of...

Operation Kurangi Event Organised for Migrant Workers in North Harbour

The Ministry of Homeland Security and Technology has announced that a special Operation Kurangi event will take place today for migrant workers in the...

Fishermen Register to Improve Financial Access and Social Benefits

The government’s newly established fishermen membership register will provide crucial social protection and financial opportunities for local fishermen, Minister of Fisheries and...

New Aviation Regulations in the Maldives: What You Need to Know

The Maldives Civil Aviation Authority (MCAA) has introduced updated aviation regulations under the MCAR-2 Rules of the Air, which came into effect on 20...

President Addresses Medicine Shortage: STO Pharmacies to Stock Essential Medicines

President Dr Mohamed Muizzu has declared that all medications listed on the Maldives Food and Drug Authority (MFDA) essential medicine list will...

MPL to Prioritise Perishable Goods in Ramadan Port Operations

Maldives Ports Limited (MPL) has announced plans to clear 150 containers per day, except on Fridays, during the month of Ramadan to...

Gov’t Conducts Nationwide Food Safety Inspections Ahead of Ramadan

The government launched a nationwide inspection of food safety standards in restaurants, cafés, and marketplaces on Monday as part of preparations for...

The Cost of Undermining Judicial Independence: Economic and Investment Risks

The recent proposal by the ruling People's National Congress (PNC) to reduce the number of Supreme Court justices from seven to five...

Kudahuvadhoo to Become Logistics Hub with New Port Development

The government has officially handed over a project to Maldives Ports Limited (MPL) for the development of a port in Dhaalu Atoll...

LATEST ARTICLES

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...

Dhiraagu Offers Customers Chance to Win Smart Home Kits Until End of April

Dhiraagu has rolled out a limited-time promotion giving customers the chance to win a complete Smart Home Kit every other day,...

President Says Fishing Sector Projects to Conclude Within Two Years

President Dr Mohamed Muizzu has said that ongoing projects to support the Maldivian fishing community will be completed within the next...

What Does a Healthy Economy Look Like for the Maldives?

In the Maldives, discussions around economic health frequently hinge on metrics such as GDP growth, tourist arrivals, and foreign investment flows....
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