Tobacco Imports Subject to Duty Under China-Maldives FTA, Confirms Minister
Economic Minister Mohamed Saeed has confirmed that tobacco products and cigarettes will not be exempt from import duties under the Free Trade...
First Foreign CEO of MIFCO Removed From Position
Dr Vitaliy Lyubimov has been removed from his role as the Managing Director and Chief Executive Officer (CEO) of the state-owned Maldives...
Ooredoo Maldives and Qatar Charity Complete Renovation of Hulhumalé Grand Mosque
Ooredoo Maldives, in partnership with Qatar Charity, has completed renovations on Masjid Al Sheikh Qasim bin Al-Thani (Hulhumalé Grand Mosque), installing a modern air conditioning...
New Foreign Currency Regulation Sets Reporting & Compliance Standards
The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...
New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts
The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures for redetermining previously assessed tax amounts in...
Consultancy Sought for Addu City’s 14km Bridge Link Project
The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...
Maldivian Begins A330 Flights to Cochin and Trivandrum
The national airline, Maldivian, has commenced operations to Cochin and Trivandrum in India using its first wide-body aircraft, the Airbus A330. The...
Electricity Demand in Male’ Falls Below Average During First Day of Ramadan
Electricity consumption in Male’ during peak hours on the first day of Ramadan was recorded at 78 megawatts, significantly lower than the...
Visit Maldives Prepares for an Unforgettable Summer with Game-Changing Campaigns
In an exclusive interview with Corporate Maldives, the Chairperson of Visit Maldives, Abdulla Ghiyas, revealed exciting plans that are set to redefine...
Health Ministry Clarifies Food Advertising Rules Amid Business Concerns
The Ministry of Health has clarified the requirements for advertising food and beverage products following concerns from small businesses and individual service...
STO Opens Applications for Public Shareholders’ Board Representative
State Trading Organization (STO) has opened applications for the position of public shareholders’ representative on its Board of Directors, a role that...
Public Can Now Track Essential Goods Prices via Agu Magu Portal
The Ministry of Economic Development and Trade has officially launched the Agu Magu Portal, a new platform designed to provide the public with...
Fines Imposed for Goods Transport Violations During Ramadan
The Ministry of Transport has announced designated hours for commercial goods transportation during Ramadan, imposing fines for violations under the Road Traffic...
Maldivian Launches ‘Fly with a Smile’ Campaign in Fuvahmulah
Maldivian, the national airline of the Maldives, has launched its latest initiative, the ‘Fly with a Smile’ campaign, in Fuvahmulah, featuring a series of...
New Finance Rules Permit Government Projects Without Competitive Bidding
The government has changed public finance regulations, allowing the procurement of goods and services without a competitive bidding process for the next...
STELCO Deploying 350 Employees for Single-Day Electricity Meter Readings
State Electric Company Limited (STELCO) is set to dispatch 350 employees tomorrow to conduct electricity meter readings across the Malé area in...
Gov’t Moves Towards Sustainable Transport with Electric Taxis Initiative
The Ministry of Transport and Civil Aviation, in collaboration with the Ministry of Tourism and Environment, has signed an agreement to introduce...
Win an Apple Products Bundle with Ooredoo’s ‘Karaa Felhun’ This Ramadan
As Ramadan approaches, Ooredoo Maldives is rolling out exclusive offers designed to enhance connectivity and engagement during the holy month. This year’s...
Maldives Enforces Stricter Rules on Food Advertising to Protect Consumers
The Maldives Food and Drug Authority (MFDA) has introduced new regulations governing food advertising in the country, aiming to prevent misleading promotions,...
STELCO to Offer Minimum 10% Discount on Electricity Bills During Ramadan
STELCO has announced that all households will receive a discount of at least 10% on their electricity bills during the month of...
Operation Kurangi Event Organised for Migrant Workers in North Harbour
The Ministry of Homeland Security and Technology has announced that a special Operation Kurangi event will take place today for migrant workers in the...
Maldives and Sri Lanka Discuss Joint Tourism Initiative
The Maldivian and Sri Lankan governments have discussed the possibility of a collaborative tourism initiative aimed at strengthening economic and diplomatic ties...
MMA Introduces MVR 5 Million Fund to Boost Islamic Finance Education
The Maldives Monetary Authority (MMA) has launched the Tamveel Islamic Finance Initiative to enhance public awareness and provide specialised training in Islamic finance. The...
Fishermen Register to Improve Financial Access and Social Benefits
The government’s newly established fishermen membership register will provide crucial social protection and financial opportunities for local fishermen, Minister of Fisheries and...
LATEST ARTICLES
The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth
This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...
MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push
The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...
Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices
Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....
Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA
The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...
MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May
Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
