STO Registers MVR 4.1 Billion Revenue for Q3
State Trading Organization (STO) reported its third-quarter total revenue at MVR 4.1 billion, marking a 9% increase from the preceding quarter. The...
MPL Processes 1,519 TEUs of Cargo
Maldives Ports Limited’s (MPL) statistics reveal that they successfully cleared 1,519 TEUs of cargo from the 17th of November to the 23rd...
Bank of Maldives Continues its Wheelchair Donation Program With 30 Additional Wheelchairs
Bank of Maldives continues its annual wheelchair donation program targeted for people with mobility impairments across the Maldives with a donation of...
Huravee School Vocational Hub Inaugurated With the Support of MACL
Huravee School Vocational Hub “ Hunaru Vehi,” established with the support of Maldives Airports Company Limited (MACL), has been inaugurated today.
Finance Ministry Offers MVR 4.2 Billion T-bills
In an effort to cover government expenses, the Finance Ministry has announced the sale of T-bills valued at MVR 4.2 billion. This...
Government Dispenses Overdue USD 6.5 Million to Fishermen
The government has decided to disburse USD 6.5 million from pending payments to fishermen, with the scheduled payment set for today.
Canareef Resort Embraces Solar Power
Canareef Resort Maldives is taking concrete steps towards sustainability with the installation of 720 solar panels. This initiative demonstrates the resort's dedication...
Inflation Eases in the Maldives as Commodity Prices Fall, MMA Reports
Inflation in the Maldives eased in January, declining to 0.6%, according to data released today by the Maldives Monetary Authority (MMA). This...
Maldives Represented at Muslim Travel Show 2024
Maldives Halal Travel (MHT) made a strong presence at the recent Muslim Travel Show 2024, held at Excel London from February 24th...
Gov’t Prioritizes Budgeted Projects Amid Allegations of Stalled Development
Finance Minister Dr. Mohamed Shafeeq has clarified the government’s stance on infrastructure development projects, addressing concerns raised by the opposition and official...
SIMDI Group Announces Winners of Ramadan Promotion’s First Week Lucky Draw
SIMDI Group has unveiled the winners of the 1st Week of the company’s Ramadan Promotion Lucky Draw.
In a...
Gov’t Postpones Salary Hike for Judiciary and Independent Bodies
The Maldivian Finance Ministry has announced a delay in implementing Parliament-approved salary increases for judges and members of independent commissions. The decision...
The Perilous Path of Political Patronage: Election Promises and Economic Fallout
As Maldives approaches a crucial parliamentary election, concerns have emerged regarding the potential use of government resources in campaign efforts. These concerns...
Hassan Zareer Approved as Commissioner General of Taxation
On Tuesday, the Parliament's Committee on Economic Affairs granted approval for the appointment of former Deputy Commissioner General of Taxation, Hassan Zareer,...
President Departs to Glasgow to Attend COP26
President Ibrahim Mohamed Solih has yesterday departed to Glasgow, Scotland, United Kingdom, to attend the 2021 United Nations Climate Change Conference (COP26).
President Solih Meets with Sri Lankan President and Prime Minister
President Ibrahim Mohamed Solih has met with H.E.President of the Democratic Socialist Republic of Sri Lanka, Gotabaya Rajapaksa, during his current two-day...
Upholding a Cornerstone of Democracy — The Media Needs Financial Freedom Too!
Democracy rests on four main pillars — legislature, executive, judiciary, and the press. Just like the other powers, the media is an important part...
Dhiraagu and Sparkhub Open Registration for Lean Startup Maldives 2023
Dhiraagu and Sparkhub have opened registrations for Lean Startup Maldives 2023, scheduled to be held from 14-16 July 2023.
Maldives to Participate in the 54th Session of the United Nations Human Rights Council
The 54th Session of the UN Human Rights Council began on 11 September 2023 in Geneva, Switzerland. The session is scheduled to...
Urbanco Extends Community Urban Farming Initiative’s Submission Deadline
Urbanco has announced a modification to its submission timeline for the Community Urban Farming initiative, pushing the deadline to 9th October 2023....
MIRA Announces Tax Deadlines for August 2023
The Maldives Inland Revenue Authority (MIRA) has officially published the deadlines for submitting tax returns and payments for August 2023, covering Airport...
MIRA Announces Deadline for Tax Return Payments
The Maldives Inland Revenue Authority (MIRA) has announced that the deadline for submitting employee and non-resident withholding tax return payments for September...
MVR 500 Million Allocated in Supplementary Budget for Higher Education Loans
The government has included MVR 500 million in the supplementary budget for higher education student loans. This is due to an increased...
STELCO Awards MTCC MVR 7 Million Contract for Male’s Pump Station Project
STELCO has granted Maldives Transport and Contracting Company (MTCC) the contract for the replacement of the pump station on Boduthakurufaanu Magu, with...
LATEST ARTICLES
Chinese Market Dominates Maldives Tourism, Surpasses 90,000 Arrivals
Chinese tourist arrivals to the Maldives have surpassed the 90,000 mark, according to data released by the Ministry of Tourism. As of...
Indian Government Grants Extension for Maldives’ Loan Repayment Deadline
The government of India has granted an extension to the Maldives for the repayment of USD 50 million out of the USD...
Corporate Maldives Magazine May 2024 Edition Now Published
Corporate Maldives has published the May 2024 edition of the ‘Corporate Maldives Magazine’. As a quarterly print publication, we are committed to...
Trade with India, China to Bolster Rufiyaa Against Dollar, Says Minister
Minister of Economic Development and Trade Mohamed Saeed, has disclosed a series of initiatives aimed at securing the value of the Maldivian...
Documentation Required for Individuals Carrying More Than USD 10k
Minister of Homeland Security and Technology Ali Ihusaan has revealed regulations mandating individuals carrying over USD 10,000 abroad to provide documentation on...
