2022 Survey Highlights Trust Issues Concerning Governmental Tax Bodies
Taxes contributed to a substantial 70% of the Maldives’ total government revenue and grants last…
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News
Finance Ministry Report Reveals Increase in Fuel and Electricity Subsidies
The Finance Ministry’s latest report, titled ‘Statement on Fiscal Constraints,’ shows a substantial increase in…
Foreign Secretary Highlights the Priority Areas for the Maldives During the 23rd IORA Meeting
Foreign Secretary His Excellency Ahmed Latheef participated in the 23rd Meeting of the Council of…
MIFCO Boosts Capacity from 40,000 to 63,000 Tonnes
In a statement, CEO Ismail Fauzee announced that the capacity of the Maldives Industrial Fisheries…
Bank of Maldives Announces Winners of Startup Grant 2023
Bank of Maldives announced the two winning businesses for the BML Startup Grant 2023 today.…
MACL Reports Q1 Revenue MVR 2.7 Billion
Maldives Airports Company Limited (MACL) has reported a revenue of MVR 2.7 billion in the…
MPL Clears Over 1,282 TEUs of Cargo
Maldives Ports Limited’s (MPL) statistics reveal that they successfully cleared 1,282 TEUs of cargo from…
Maldives Wins 31 SATA Awards
The Maldives was honoured with 31 awards at this year’s South Asian Travel Awards (SATA)…
Instagram Baker ‘Hawwan Cakes’ Expands with BML Startup Grant
‘Hawwan Cakes,’ a popular Instagram baker, has successfully launched a bakery in Male’ city, with…
MIRA Introduces Three-Step Business Deregistration Process
The Maldives Inland Revenue Authority (MIRA) has rolled out a three-step procedure on its official…
Foreign Ministry Clarifies On-Arrival Visa Conditions for Maldivians Travelling to Oman
The Ministry of Foreign Affairs has announced that Maldivian citizens travelling to Oman are required…
State Minister Khaleel Calls for Stronger Unity Among Archipelagic Island States
The Minister of State for Foreign Affairs, Ahmed Khaleel, today delivered a statement at the…
MIRA Reports MVR 1.18 Billion Revenue for September 2023
According to the Maldives Inland Revenue Authority (MIRA) September revenue report, they received MVR 1.18…
MMPRC Promotes the Sunny Side of Life at IFTM Top Resa 2023
Maldives Marketing and Public Relations Corporation (MMPRC/ Visit Maldives) has promoted the breathtaking Sunny Side…
Urbanco Announces Progress in Hulhumale’ Phase 3 Land Reclamation
In the latest update on the Hulhumale’ Phase 3 land reclamation project, Urbanco has announced…
RJ Reddy Appointed as CEO of Jalboot Marine Services
Jalboot Marine Services Pvt ltd, a distinguished leader in the marine services industry in the…
Maldives SDF Receives MVR 724.8 Million to Alleviate Debt Burden
MVR 724.8 million has been deposited into the Sovereign Development Fund (SDF), established with the…
Urbanco Reports Q1 Revenue of MVR 976 Million
Urbanco has reported a robust revenue figure of MVR 976 million for the first quarter…
BML and CSM’s ‘Pink Ribbon Run Walk’ to be held on Saturday
The Cancer Society of Maldives (CSM) and Bank of Maldives (BML) have organised the annual…
Beond Airlines Takes Flight with Inaugural Aircraft in Maldives
Yesterday, Beond, a premium leisure airline, unveiled its unique aircraft livery at an event in…
Ooredoo Maldives Opens Donations for Palestine via M-Faisaa
Ooredoo Maldives is providing an opportunity for customers to support Palestinians in Gaza, who are…
New Integrated Tourist Resort Regulations Announced by Tourism Ministry
The Ministry of Tourism has publicised new regulations governing the development and operation of integrated…
Maldives Receives B-Minus Rating from Fitch in Latest Assessment
Fitch Ratings, among the world’s largest credit rating agencies, has decided to keep its rating…
STO Releases September 2023 Report on Staple Food Supplies
The State Trading Organisation (STO) shared its overview of staple foods supplied in September 2023,…