Political Appointee Salaries Make Up Nearly Four Percent of Payroll
The Maldivian government has announced pay cuts for political appointees and other officials as part of an effort to address fiscal challenges....
A Sudden Shift in Tobacco Policy: Assessing the Impacts of the Maldives’ Vape Ban...
The Maldives government's recent announcement to implement new taxes on e-cigarettes and vaping products, followed by an import ban, is aimed at...
Gov’t Submits MVR 5.1 Billion Supplementary Budget to Parliament
Finance Minister Moosa Zameer has submitted a supplementary budget of MVR 5.1 billion to the Maldivian Parliament, aiming to increase the 2024...
BML Increases Debit Card Limit for Maldivian Students Abroad to USD 1,200
The Bank of Maldives (BML) has announced an increase in the monthly foreign transaction limit for students studying abroad. Effective from 1st...
Vice President Invites Commonwealth Businesses to Invest in Sustainable Growth
In a keynote speech at the Commonwealth Business Forum, held during the Commonwealth Heads of Government Meeting (CHOGM), the Vice President, His...
MPs Debate Timing of TGST Hike as Tourism-Related Bills Head to Sub-Committee
Two government-proposed bills seeking to increase tourism-related taxes have been forwarded to a sub-committee of Parliament’s Public Accounts Committee and Economic Affairs...
MMPRC Advances Future of Tourism Marketing, Focuses on Personalised Strategies
The Maldives Marketing and Public Relations Corporation (MMPRC) is pushing forward into the future of tourism marketing with a renewed focus on...
Maldives to Co-Chair Commonwealth Ministerial Meeting on Small States in 2026
The Maldives will assume a leadership role as co-chair of the Commonwealth Ministerial Meeting on Small States (CMMSS) in 2026, alongside the...
Ooredoo Announces 8 Winners in ‘Win a Motorcycle Every 3 Days’ Campaign
Ooredoo Maldives has announced the selection of eight lucky winners in its ongoing "Win a Motorcycle Every 3 Days" promotion. Since the...
Minister Calls for Greater Investment in Agricultural Marketing at Global Food Security Forum
The Maldives' Minister of Agriculture and Animal Welfare, Dr. Aishath Rameela, has called for increased national investment in promoting agricultural products. Speaking...
Tourism Minister Outlines Promotional Plans to Boost Visitor Numbers During Low Season
The Minister of Tourism, Ibrahim Faisal, has announced that next year will be a key promotional period for the Maldives, focusing on...
Maldives Urges Unity on Climate Finance at CHOGM 2024
The Vice President, His Excellency Hussain Mohamed Latheef, delivered a powerful address during the Climate Breakfast at the Commonwealth Heads of Government...
Maldives Refinances USD 75 Million of Velana Airport Loan
The Government of Maldives has refinanced USD 75 million of a USD 378 million loan initially taken from China’s Export-Import (EXIM) Bank...
Tourism Ministry Opens Bidding for Ecotourism Project in Baarah
The Ministry of Tourism has announced the opening of public bidding for the lease of a 71,832 square metre plot of land...
President Proposes Raising Minimum Age to 21 for Tobacco Sales
President Dr Mohamed Muizzu has proposed raising the minimum legal age for purchasing tobacco products from 18 to 21 years. In a...
Registrations Closing Soon for Ooredoo Nation Inter-Resort Championship
Ooredoo Maldives has announced that registrations for the highly anticipated Ooredoo Nation Inter-Resort Championship will close on 25th October 2024. This groundbreaking...
Minister Calls for Greater Transparency in Statistical Data to Shape Effective Policy
The Minister of Homeland Security and Technology, Ali Ihusaan, has highlighted the importance of transparency in government statistics to create more effective...
Vape Products to Face 200% Duty Increase Before Import Ban Next Month
The government has announced a significant increase in import duties on e-cigarettes and related vaping products as part of amendments to the...
Can the Maldives Achieve Its 2 Million Tourist Arrival Goal for 2024?
As of 20th October 2024, the Maldives has recorded 1,598,345 tourist arrivals, based on data from the Ministry of Tourism. The country has set...
Gov’t to Mandate Chartered Accountants for State-Owned Companies
The Minister of Finance, Moosa Zameer, has announced plans to amend regulations requiring all government-owned companies to appoint a chartered accountant. This...
Tax Enforcement Tightened: MIRA Gains Power to Freeze Accounts of Non-Payers
The Maldives Inland Revenue Authority (MIRA) has introduced amendments to its enforcement policies, enabling the agency to freeze the bank accounts of...
ACI’s Airport Excellence in Security Program Launched at Velana International Airport
Velana International Airport (VIA) has introduced the Airports Council International (ACI) Airport Excellence in Security (APEX Security) program. The initiative, focused on...
Maldives Set to Introduce India’s Unified Payment Interface (UPI)
President Dr Mohamed Muizzu, acting on a recommendation from the Cabinet, has announced a plan to introduce India’s Unified Payment Interface (UPI)...
beOnd Celebrates One-Year Milestone and Unveils Second Aircraft
On 17 October 2024, beOnd, the world’s first premium leisure airline, marked its one-year anniversary with the unveiling of its second aircraft...
LATEST ARTICLES
Bank of Maldives and MMPRC Join Forces for Global Destination Marketing Campaign
Bank of Maldives (BML) has entered into a strategic partnership with the Maldives Marketing and Public Relations Corporation (MMPRC) to promote...
Pre-Schedule Your Corporate Maldives Network Meetings Now
Corporate Maldives Network meetings are now open through Corporate Maldives Network for pre-scheduled meetings as part of Corporate Maldives Bizweek.
Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor
President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...
Gov’t Opens Subscription for New Round of Treasury Bills
The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...
Maldives Moves to Block Companies in Debt from Bidding for Government Contracts
Parliament has unanimously approved new measures aimed at recovering outstanding debts owed to the state, including a policy change that would...
