New Regulations Could Boost Tourism Financing, Claims MMA
The Maldives Monetary Authority (MMA) has introduced two new regulations designed to increase the flow of foreign currency within the Maldivian banking...
President Muizzu Begins State Visit to India, Focusing on Bilateral Cooperation
President Dr Mohamed Muizzu arrived in New Delhi yesterday for a state visit to India, following an official invitation from the President...
Maldives’ Export Growth Rebounds in August, Driven by Re-Exports
The Maldives recorded a significant rise in exports in August 2024, marking a 29% increase compared to the same period in 2023....
Maldives on Track for 2 Million Tourists by Year-End as Arrivals Continue to Climb
The Maldives is on track to welcome a record number of tourists in 2024, with the latest data from the Ministry of...
Corporate Maldives “Bizweek” to be held in May 2025
Corporate Maldives is delighted to announce the rebranding of its flagship event, the Corporate Maldives Business Expo, to Bizweek. “Bizweek,” the ultimate...
Maldives Expands Sea-to-Air Cargo Transshipment Services
The Maldives has seen further growth in its sea-to-air cargo transshipment operations, with Velana International Airport announcing the latest milestone in its...
Centara Grand Lagoon Maldives to Host Job Fair Ahead of February 2025 Opening
Centara Grand Lagoon Maldives, the latest addition to Centara Hotels & Resorts, has announced a Job Fair to be held on Tuesday,...
Maldives Ranks Among the World’s Friendliest Countries in 2024
In a significant recognition of the country’s famed hospitality, the Maldives has been ranked fourth in Condé Nast Traveller’s 2024 Readers’ Choice...
Maldives Signs Agreement with Australia for National Development Plan
The Government of the Maldives has signed a Letter of Exchange Agreement with Australia to receive key technical guidance and assistance in...
World Teachers’ Day 2024: Celebrating the Voices Shaping Maldives’ Future
On 5 October, the world comes together to honour the indispensable role of teachers in shaping our societies. World Teachers’ Day, observed...
Gov’t Revenue Surges, But Debt Levels Continue to Climb
The Maldives continues to experience growth in both government revenue and expenditure, as the latest data from the Maldives Monetary Authority’s (MMA) Economic...
Applications Open for Deputy Commissioner General of Taxation at MIRA
The government has announced that applications are now open for the position of Deputy Commissioner General of Taxation at the Maldives Inland...
New Regulations Announced to Address Illegal Immigration in the Maldives
The Minister of Homeland Security and Technology has announced new regulations concerning the employment of foreigners in the Maldives, aimed at tackling...
First Vessel Utilises Uthuru Maritime Service as Oil Tanker “JIAN JIE” Docks in Uligan
The oil tanker "JIAN JIE" became the inaugural vessel to utilise the Uthuru Maritime Service (UMS) on 3rd October, marking a significant milestone for...
President Muizzu to Embark on State Visit to India: Strengthening Maldives-India Relations
President Dr Mohamed Muizzu is set to embark on a state visit to India from 6th to 10th October 2024, following an...
MIRA Publishes List of Large Taxpayers Who Failed to File Income Tax Returns
The Maldives Inland Revenue Authority (MIRA) has published a list of individuals and companies who have failed to submit their income tax...
Gender Disparity in Maldivian Resorts: What the Tourism Statistics Survey Reveals
The tourism sector is a cornerstone of the Maldivian economy, providing substantial employment opportunities. However, an analysis of the 2022 employment data...
Registration Opens for TGST Entities and Money Changer Licenses Under New MMA Regulations
The Maldives Monetary Authority (MMA) has introduced important updates regarding the registration of tourism entities and the application for money changer licenses....
Bidding Opens for Industrial Land in Hulhumale’ Phase 2
Industrial land plots in Hulhumale' Phase 2 are now available for sale through a competitive bidding process. The available plots range in...
STELCO Plants Over 36,000 Trees in First Three Months of Reforestation Project
The State Electric Company (STELCO) has successfully planted more than 36,000 trees in the three months since launching its ambitious initiative to...
MMA to Issue Licence for Development Bank of Maldives
The Governor of the Maldives Monetary Authority (MMA), Ahmed Munawwar, has confirmed that the Development Bank of Maldives (DBM) will soon receive...
MATI Raises Concerns Over New Foreign Currency Regulations
The Maldives Association of Tourism Industry (MATI) has expressed dissatisfaction with the Maldives Monetary Authority (MMA), accusing the central bank of disregarding...
New Regulation on Foreign Currency and Money Changing Business in the Maldives
The Maldives Monetary Authority (MMA) has introduced new regulations concerning the use of foreign currency and the operation of money-changing businesses in...
Economic Minister Announces Investor Forum to Attract Saudi Businesses to the Maldives
The Minister of Economic Development and Trade, Mohamed Saeed, has announced plans for an investor forum in the Maldives, specifically aimed at...
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...
