Agriculture Minister Announces Expansion of “Dhanduveri Nafaa Loan” and New Initiatives for Farmers

Minister of Agriculture and Animal Welfare, Dr. Aishath Rameela, has announced the expansion of the Dhanduveri Nafaa Loan Programme, which will now offer loans...

Foreign Relations Committee Approves Aishath Azeema as High Commissioner to India

The Foreign Relations Committee of the Parliament has approved Aishath Azeema’s appointment as the High Commissioner of Maldives to India. Her nomination,...

Biometric Data of Over 4,000 Migrants Collected Under Operation Kurangi

The Ministry of Homeland Security and Technology has gathered biometric data from more than 4,000 expatriates as part of Operation Kurangi, an...

Maldives to Increase Import Duties on Tobacco and Ban Vaping

President Dr Mohamed Muizzu has announced an increase in import duties on cigarettes and tobacco products as part of efforts to reduce...

Ooredoo Maldives Highlights Success of Leadership Development Program with Harvard University

Ooredoo Maldives has announced the continued success of its Leadership Development Program, run in collaboration with Harvard University, one of the world's...

Review of Council Proposals for Uninhabited Island Acquisitions Begins

Minister of Cities, Local Government, and Public Works, Adam Shareef Umar, has announced that the review of proposals submitted by local councils...

Gov’t to Amend Taxation Act to Strengthen MIRA’s Authority

The government has announced plans to amend the Administrative Taxation Act, aiming to enhance the Maldives Inland Revenue Authority’s (MIRA) powers in...

Maldives Expands Sea-to-Air Cargo Transshipment Services to Seven Airlines

Maldives Airports Company Limited (MACL) has announced that the number of airlines participating in its Sea-to-Air Cargo Transshipment services has increased to...

Gov’t Submits Bill to Parliament Seeking to Raise Tourism and Airport Taxes

The government has submitted three crucial bills to the Parliament aimed at increasing taxes in the tourism sector and airport-related fees, as...

Japan Donates Surveillance Equipment to Boost Maritime Security in Maldives

The Government of Japan has donated pier surveillance equipment to the Maldives, valued at ¥347 million (approximately USD 2.5 million or MVR...

MIRA Publicly Names 170 Tourism Sector Defaulters

The Maldives Inland Revenue Authority (MIRA) has revealed the names of 170 individuals within the tourism sector who have failed to meet...

UN Assistant Secretary-General Concludes Official Mission to Maldives

United Nations Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific, Ms. Kanni Wignaraja, has successfully concluded her three-day official...

Development Bank of Maldives Granted Banking Licence

The Maldives Monetary Authority (MMA) has officially granted a banking licence to the Development Bank of Maldives Limited, a state-owned financial institution....

MIRA’s Revenue Recovery Efforts Yielding Positive Results, Says Commissioner General of Taxation

The Commissioner General of Taxation, Hassan Zareer, has revealed that the Maldives Inland Revenue Authority’s (MIRA) ongoing efforts to recover outstanding revenue...

Dr. Mohamed Mahid Shareef Appointed CEO of Institute of Chartered Accountants of the Maldives

The Institute of Chartered Accountants of the Maldives (CA Maldives) has appointed Dr. Mohamed Mahid Shareef as its new Chief Executive Officer...

Targeted Cash Transfers Proposed to Mitigate Impact of Subsidy Reforms in the Maldives

A recent report by the World Bank has raised concerns about the potential impact of removing blanket subsidies in the Maldives, warning...

Maldives Strengthens Conservation Efforts for Whale Sharks with New Regulation

The Government of Maldives has introduced a new regulation, No. 2024/R-96, aimed at enhancing the conservation of whale sharks, reinforcing its commitment...

GEF Allocates MVR 1.5 Million to Community Organisations in Laamu Atoll Through ‘Endheri’ Project

The Global Environment Facility (GEF) has allocated MVR 1.5 million in financial aid to three community-based organisations in Laamu Atoll as part...

469 STELCO Employees Complete Leadership Enhancement Programme

The State Electric Company (STELCO) has announced that 469 of its employees have successfully completed the company's leadership enhancement programme.

Renovation Works Begin at Kooddoo Airport Following Suspension of Flights

The government has initiated renovation efforts at Kooddoo Airport after national carrier Maldivian halted its flights to the island due to the...

The Role of SOE Reform in Restoring the Maldives’ Fiscal Health

According to the latest World Bank Maldives Development Update (October 2024), state-owned enterprises (SOEs) in the Maldives continue to be a significant fiscal...

Maldives Sees Slower Credit Growth as Personal Loans Surge

The Maldives has experienced a deceleration in private sector credit growth, as highlighted in the Maldives Monetary Authority’s (MMA) Economic Update for...

Long-Term Policies Crucial for Maldives’ Development, Says UN Official

Kanni Wiganaraja, Assistant Secretary of the United Nations and UNDP Regional Director for South Asia and the Pacific, has stressed the importance...

World Bank Urges Urgent Economic Reforms Amid Rising Vulnerabilities in Maldives

The World Bank has called for urgent and comprehensive economic reforms in the Maldives to address heightened external and fiscal vulnerabilities. According...

LATEST ARTICLES

Parliament Pushes Through MVR 56.6 Billion Budget, Axes Accountability Measures

The Maldivian Parliament has approved a state budget of MVR 56.6 billion for 2025, despite criticism over the lack of specifics on...

MIRA Implements Changes to GST Regulation, Eases Rules for Staff Cafes

The Maldives Inland Revenue Authority (MIRA) has published the 31st Amendment to the Goods and Services Tax (GST) Regulation, introducing key updates...

Construction Minister Flags Misuse of Advance Payments by Contractors

Minister of Construction Dr Abdulla Muthalib has raised concerns over the misuse of advance payments by contractors, which has stalled several development...

Opening of New International Terminal at VIA Delayed Until Mid-2025

The opening of the new international terminal at Velana International Airport (VIA) has been postponed until mid-2025 at the recommendation of the...

The Cost of Control: What the Maldives Stands to Lose with Power Centralisation

In a move that has raised alarms about the erosion of democratic norms, President Mohamed Muizzu has ratified amendments to the laws...
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