Local SMEs to Benefit as Financial Expo Supports Small Businesses
Small and medium-sized enterprises will be among the notable beneficiaries of the Maldives Financial Expo…
Section
Government
Minister Says Domestic Fare Cuts Remain Difficult
Tourism and Civil Aviation Minister Mohamed Ameen has said reducing domestic flight fares in the…
Parliament Committee Backs Cigarette Duty Cut Less Than Two Years After Tax Hike
A proposed reduction in tobacco import duties has moved closer to parliamentary approval, marking a…
ACC Amends Procedures to Speed Up Corruption Investigations
The Anti-Corruption Commission has revised its criminal procedure rules as part of an effort to…
Velana International Airport Crisis Response Framework Strengthened Through New MoUs
Maldives Airports Company Limited (MACL) has signed Memoranda of Understanding with the National Disaster Management…
President Sets Out MSME Priorities as Government Focuses on SME Growth
President Dr Mohamed Muizzu has outlined the Government’s policy priorities for micro, small and medium…
Laamu Atoll’s Second Airport to Be Developed in Isdhoo-Kalaidhoo
The government has selected Isdhoo-Kalaidhoo as the site for Laamu Atoll’s second airport, following earlier…
MMA Raises Dollar Allocations to Banks by 25 Percent Amid Off-Season FX Pressure
The Maldives Monetary Authority has moved to ease pressure in the foreign exchange market by…
PCB Appoints Zaina Abdulla as New Board Member from Banking Sector
Zaina Abdulla from Ga. Dhaandhoo has been appointed as a member of the Privatization and…
Gov’t Sets Investment Requirements for Cross-Subsidy Projects
The government has identified 19 projects eligible for cross-subsidy investment, setting out a framework that…
MIRA Begins ADB-Funded E-Invoicing Mission
Maldives Inland Revenue Authority has commenced an Asian Development Bank-funded e-invoicing mission as part of…
Gov’t Seeks to Cut Cigarette Import Duty Less Than Two Years After Tobacco Tax Hike
The government is seeking to significantly reduce taxes on imported tobacco products, marking a major…
Ibrahim Ziyath Steps Down as MPL Deputy CEO
Ibrahim Ziyath has resigned from his position as Deputy Chief Executive Officer of Maldives Ports…
SOEs Required to Meet 45 Percent Government Shareholding Threshold for Resort Leases
State-owned enterprises seeking to lease lagoons, islands, or land for resort development will be required…
Parliament Opens Cyber Security Bill for Public Consultation
The public has been invited to submit feedback on a proposed cyber security law that…
SAMPA Introduces Vessel Registration and Stricter Whale Shark Tourism Rules
Vessels operating within the South Ari Marine Protected Area will be required to register with…
Gov’t Plans More Global Digital Platforms, Minister Saeed Says
The government plans to expand access to international digital platforms following the introduction of PayPal…
‘Maldives 2.0’ Digital Transformation Bill Submitted to Parliament
A proposed legal framework for digitising government services has been submitted to Parliament, setting out…
Maldives Customs Study Calls for Expanded Courier Cargo Facilities at VIA
Air cargo clearance in the Maldives has become considerably faster for general and perishable goods,…
Finance Ministry Opens Subscription for MVR 1.26 Billion T-Bill Issue
The government is seeking to raise MVR 1.26 billion from the domestic market through a…
President’s Office Seeks New Commissioner General for MIRA
The President’s Office has opened applications for the position of Commissioner General of Taxation at…
Foreign Minister Departs for China to Attend China-South Asia Cooperation Forum
Minister of Foreign Affairs Iruthisham Adam departed for an official visit to the People’s Republic…
Gov’t Sets MVR 10,000 Fine Under New Single-Use Plastic Ban
The Ministry of Climate Change, Environment and Energy has introduced fines of up to MVR…
Ambassadors of France, Netherlands and Philippines Present Credentials to President Muizzu
The non-resident ambassadors of France, the Netherlands and the Philippines to the Maldives presented their…