BCC Announces Webinar on Business Structures
The Business Center Corporation (BCC) has unveiled a new webinar designed to guide entrepreneurs through…
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News
President Muizzu Addresses Pension Reform During Public Forum
President Dr Mohamed Muizzu has reaffirmed his commitment to improving the pension scheme in the…
“Favara” Instant Payment System Transfer Limit Increased
The Maldives Monetary Authority (MMA) has announced a significant increase in the transfer limit for…
Insurance Sector Disburses MVR 615.7 Million in Claims During 2023
The release of new data by the Maldives Monetary Authority (MMA) indicates that insurance companies…
“Ras’Ain” App Launched to Support Fishermen and Maritime Safety
A new mobile application called “Ras’Ain” has been launched in the Maldives, providing essential tools…
MCC Fines Market Stall Owners for Employing Foreigners Without Permits
The Male’ City Council has imposed fines on nine stall owners operating in the Travelers…
Immigration Deports Foreign Nationals Exploiting Dollar Shortage
Maldives Immigration has taken decisive action against foreign nationals implicated in the country’s persistent dollar…
IASL Launches Seaplane Air Ambulance
Island Aviation Services Limited (IASL) has launched a new air ambulance service utilising seaplanes to…
Surveillance in the Maldivian Economic Zone: A Balancing Act Between Security and Prosperity
The Maldives’ Exclusive Economic Zone (EEZ), a vast swath of the Indian Ocean, is a…
Maldivian Launches Promotional Fares Across Domestic Routes
Maldivian, has unveiled promotional fares across all domestic routes, effective from March 17, 2024. These…
Parliament Targets Real Estate Sector Reform with New Legislation
The parliament convened on Wednesday to discuss longstanding issues within the country’s real estate sector.…
MPL Launches Sea-to-Air Transshipment
Maldives Port Limited (MPL) has unveiled a new sea-to-air cargo transshipment service, transforming regional freight…
Report: MTCC Expansion, a Double-Edged Sword for the Maldives’ Economy
The proposed expansion of the Maldives Transport and Contracting Company (MTCC) reveals a complex tension…
MIRA Sees Increase in Zakat al-Mal Collections
Zakat al-mal collections in the Maldives rose by 16.7% in February compared to the same…
BCC Joins oneGov Platform, Paving the Way for Enhanced Services
The Business Center Corporation (BCC) has become the first Maldivian corporation to integrate its services…
SBI Issues Notice Regarding Dormant Accounts
The State Bank of India (SBI) has issued a public notice in the Gazette addressing…
President Muizzu Vows to Address Health Insurance Challenges
In a recent public engagement series titled “Raees ge Javaab,” President Dr Mohamed Muizzu made…
Gov’t Streamlines Land-Use Plan Approvals, Boosting Business Opportunities in the Maldives
The Ministry of Cities, Local Government, and Public Works has announced a significant streamlining of…
Maldives Bets on Bunkering to Fuel Economic Transformation
Leveraging its prime position amidst bustling Indian Ocean shipping lanes, the Maldives is poised to…
Yazeed Mohamed Nominated for Reappointment as Tax Commissioner in Maldives
President Dr Mohamed Muizzu has put forth two former Maldives Inland Revenue Authority (MIRA) chiefs,…
Maldives Tax Revenue in February 2024 Surpasses Estimates
The Maldives Inland Revenue Authority (MIRA) has reported a significant increase in tax revenue for…
Hithadhoo Tourism Zone Opens for Investors
The Addu City Council has opened the Eedhigali Tourism Zone in Hithadhoo, Addu City, for…
Maldives Pursues Official Host Country Role for 2026 ITB Berlin Fair
The Ministry of Tourism in Maldives has announced ambitions to be the official host country…
Agriculture Ministry and SDFC Launch MVR 15 Million Grant Scheme for Farmers
The Ministry of Agriculture and Animal Welfare has partnered with the SME Development and Finance…