BML Introduces New Unsecured Business Financing Facility
As part of BML’s commitment and support for business,
the Bank has today introduced a new unsecured Working Capital Finance facility
to provide businesses...
Government Funds New Office Building for Cost Savings
To cut down on the expenses of running government offices, Minister of Construction and Infrastructure Dr. Abdulla Muththalib has announced the launch...
Finance Ministry Expecting Full Economic Recovery by 2023
The COVID-19 pandemic caused a financial crisis all around the globe. Generating the same income Maldives was receiving before the pandemic will...
New Regulation Requires Foreign Currency Earners in Maldives to Pay Taxes in USD
The Maldives Inland Revenue Authority (MIRA) has announced a crucial amendment to the Income Tax Regulation, mandating individuals and businesses earning in...
With the Vaccination Drive, Maldives Increases 2021 Tourist Arrival Targets to 1.5 Million
With the administration of the COVID-19 vaccination drive for tourism sector employees, Maldives now expects to welcome 1.5 million tourist arrivals in...
Maldives Sees Dollar Exchange Rate Suddenly Drop in Black Market
While the dollar exchange rate in the black market was around MVR 20, the rate has seen a sudden drop to lower...
Government’s Vision: Tax Base Expansion for Economic Growth
The government has outlined its economic vision, emphasizing the growth of business opportunities and increased prosperity for its citizens. Minister of Cities,...
R. Maduvvari South Harbour Project Nears Completion
Maldives Transport and Contracting Company (MTCC) has revealed that the work on design and build of R. Maduvvari South Harbor is well...
Villa College Launches ‘VCare’ Mental Health Centre
Villa College announced the inauguration of a mental health treatment facility, the 'VCare Counselling and Psychotherapy Centre,' making it the first such...
MMA Delays Disallowing Dollars to be Used in Locally Issued VISA Card Transactions in...
Central bank, Maldives Monetary Authority (MMA) has delayed the implementation of allowing only Maldivian Rufiyaa to be used for transactions conducted within...
Maldives Signs MoU with ISKI to Enhance Water and Sewerage Sector
The Ministry of Climate Change, Environment, and Energy has entered into a Memorandum of Understanding (MoU) with the Istanbul Water and Sewerage...
Veligaa Hardware Introduces Reputable Tool Brand “GAZELLE”
Leading hardware retailer, Veligaa Hardware has introduced the GAZELLE brand of tools.
GAZELLE® has a reputation for providing innovative...
WAMCO Bill to be Merged with STELCO Electricity Bill
Due to the enormous amount of outstanding payments to WAMCO, the Environment Ministry reports that efforts are being made to add the...
Over 100 Species of Birds Granted Protected Status, Including Pigeons
From today onwards, it has been banned to keep or catch 104 species of birds in the Maldives, including 3 variants of...
Trump’s Aid Suspension: What It Means for Maldivian Development Initiatives
President Donald Trump has enacted a comprehensive 90-day freeze on U.S. foreign aid, aiming to reassess and realign assistance programs with the...
Dhiraagu Launches Promotion Offering Weekly Smart TV Prizes for Internet Upgrades
Dhiraagu has launched an exciting promotion offering customers the chance to win a smart TV every week by upgrading to its Limitehneh...
A Study Show 26% of Women Lost Jobs: COVID-19
The National Bureau of Statistics (NBS) has published statistics that reveal, more than 26 percent of women working in the private sector...
Eye Care Opticals Announces MVR 3.4 Million Profit Share for Sukuk Investors
Eye Care Opticals has distributed MVR 3.4 million as profit share to its sukuk investors, following the launch of MVR 30 million...
Tourism related regulations open for public suggestions
From the 20th of January 2019 on wards, tourism related regulations are open for public opinions for a duration of 7 days....
Jumeirah Maldives Partners with Maldives National University to Offer Internships
Jumeirah Maldives Olhahali Island, the ultra-spacious all-villa resort, has announced a strategic partnership with Maldives National University (MNU).
“We...
Urbanco Assumes Control of Delayed Housing Flats Project From Jaah Investments
Urbanco has taken over control of the partially constructed housing flats previously managed by Jaah Investments. The housing flats project, initiated by...
Sichuan Airlines to Expand to the Maldives in August
Sichuan Airlines, one of China’s leading carriers, is set to broaden its horizons with a new flight route to the tropical paradise...
Embrace the next Generation of Living – Co-living!
By Guest Author: Aana Zaady
The world is getting populated. The size of the
earth remains...
Tekkers Resort Cup 2023 has Commenced!
Tekkers Maldives has started their second edition of the Resort Cup, with big expectations
Confident 4 teams from the...