Bill to Increase GST and TGST Referred to Parliamentary Committee
The Parliament, on Tuesday, voted to approve a government plan that will raise the Goods and Services Tax (GST) and the Tourism...
BML to Close on 29th December, to Reopen on 2nd January
Bank of Maldives (BML) has announced that its branches and service centres will be closed on Thursday, 29th December, in conjunction with...
Coca-Cola Foundation and MOPA Launch First-of-its-Kind Material Recovery Facility in Maldives
The Coca-Cola Foundation and Maldives Ocean Plastics Alliance (MOPA) have announced the inauguration of the first-ever Material Recovery Facility (MRF) in Maldives,...
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 fuel and electricity subsidies for the current...
Maldives Sukuk Bonds Face Selloff as Fears of Default Grow
In recent weeks, Maldivian Sukuk bonds have seen a dramatic fall in value as fears of a potential default escalate. Initially considered...
Sun Island Resort to Offer Special Weekend Offers
Sun Island Resort has introduced a special weekend promotion. According to the Human Resource Manager of Sun Island, Aboobakur Gasim, this package is offered...
Vacations Expo 2016 starts tomorrow
Maldives’ first travel exhibition, “Vacations Expo”, will start tomorrow, which will be held from 4 - 6 August at National Art Gallery.
The event is...
Ayady introduces ‘Family Takaful’
Ayady Takaful, a subsidiary division of Allied Insurance, signs a Memoradum of Understanding (MoU) with Maldives Police Service for provision of Family Takaful plans to take...
Islamic economy said to be worth more than $3000 billion in 2015
Global Muslim spend across sectors of the Islamic economy surpassed $1.9 trillion in 2015, while the Islamic Finance sector has around $2 trillion in...
MIRA Announces Further Ease for Small Businesses
Maldives Inland Revenue Authority (MIRA) has announced that sole proprietorships and deemed partnerships with a monthly income below MVR 40,000 are no longer required...
The International Tourism Film Festival Maldives postponed due to popular demand
The 2nd edition of International Tourism Film Festival Maldives scheduled for November 2017 has been postponed due to popular demand. Request from interested participants...
Sri Lankan Airlines to begin flights from Colombo to Melbourne
Sri Lankan airlines has decided to begin its routes to the second most populous city of Australia, Melbourne. According to Sri Lankan airlines, they...
Over 100 Hoteliers confirm their registration for Maldives Hotel Revenue & Tech Summit
Over 100 hoteliers from all across the Maldives have confirmed their registration for Maldives Hotel Revenue & Tech Summit 2018. Hosted by Corporate Maldives...
Ooredoo to provide free access to NGO websites
One of the best telecommunication and digital service providers in the country, Ooredoo Maldives has announced the company's plans to provide free access to...
The Inflation rate in the Maldives rose to 1.38%
Maldives national bureau of statistics states that the inflation rate rose to 1.38% during August while it was 0.54% in July. Besides,...
The ‘Fresh Start’ pre-Ramadan clean-up carried out by the “Namoona Baa” initiative
The communities of Baa Maalhos, Dharavandhoo, and Kihaadhoo came together last Tuesday in a pre-Ramazan island clean-up in Kihaadhoo.
HRS Signs as a Gold Partner for TTM 2019
Hospitality & Retail Systems (HRS) has signed as a gold partner for Travel Trade Maldives (TTM) 2019. From HRS, the agreement was...
Naby Mariyam to speak at Asia’s Largest Insurtech Conference
The CEO of CoverHero Naby Mariyam is to speak at Asia's Largest Insurtech Conference held in HongKong in November.
Facebook Temporarily Bans Medical Face Mask Ads
Facebook on Friday announced that they are temporarily banning ads and commerce listing related to medical face masks in relation to the...
MIRA Eases Tax Installments Policies Amid COVID-19
Maldives Inland Revenue Authority (MIRA) has announced several eases to policies to accommodate tax installments.
In a press...
Daily Highlights – 12th May
Here are the latest news highlights in Maldives.
Government expenditure on COVID-19 increases.
ROUF Maldives – Empowering Real Estate and Hospitality Industry with Innovative Solutions
After two years in Singapore, ROUF is thrilled to announce the launch of Rouf in the Maldives, a remote vacation paradise with...
Discover Dhiraagu’s Top Business Solutions
Dhiraagu has continued to bring innovative business
solutions to its customers. The expansion of a comprehensive product portfolio
and collaborative partnerships are a true...
5 Members Appointed to Tax Appeal Tribunal
President Ibrahim Mohamed Solih has appointed five members to the Tax Appeal Tribunal.
The members appointed yesterday are as...
LATEST ARTICLES
Finance Minister Hints at Political Influence on Credit Rating Downgrades
The Maldives' Finance Minister, Moosa Zameer, has suggested a possible connection between the country's recent credit rating downgrades and government plans to...
Annual Review Highlights Maldives’ Progress Towards 2040 Development Goals
The Maldives Ministry of Economic Development and Trade has released its annual review, titled “Towards a Developed Nation by 2040,” which outlines...
Maldives Launch First Development Bank to Support Economic Growth
President Dr. Mohamed Muizzu has inaugurated the Development Bank of Maldives (DBM), fulfilling a key pledge from his manifesto. The launch, which...
Maldives and Azerbaijan Sign Key Bilateral Agreements to Strengthen Cooperation
The Maldives and Azerbaijan have signed two significant bilateral agreements to deepen cooperation between the two nations. The signing ceremony took place...
Maldives Government Spending Reaches MVR 41.59 Billion
The Maldives government has spent MVR 41.59 billion from the National Budget 2024 as of 7 November, according to the latest Weekly...
