MMA Tightens Currency Exchange Rules
The Maldives Monetary Authority (MMA) has announced that, under the Regulation on Money Changing Business, a specialized company must be established for...
Global Biodiversity Conference Ends with New Roles for Maldives in Conservation Leadership
The 16th Conference of the Parties (COP16) to the Convention on Biological Diversity (CBD) concluded successfully in Cali, Colombia, marking a significant...
Maldives and China Reflect on Decade of Growing Bilateral Ties at Anniversary Symposium
The Ambassador of China to the Maldives, Wang Lixin, highlighted the growth of Maldives-China relations during the "China and Maldives: A Decade...
President Ratifies New Amendment Raising Import Duties on Tobacco and Vaping Products
President Dr Mohamed Muizzu has ratified the 19th Amendment to the Maldives Export-Import Act (Act no. 31/79), introducing substantial changes to import...
Report: Calls Grow for Comprehensive Reform of Maldives’ Pension System
As one of the largest financial reserves in the Maldives, the national pension fund has amassed over MVR 20 billion in assets....
From Friday, Aasandha Scheme to Deduct Private Insurance First in New Cost-Cutting Measure
The Maldivian government has introduced a significant change to the national health insurance scheme, Aasandha, starting this Friday, as part of ongoing...
Allied Supports Employers with New Occupational Safety Regulations Compliance Through Group Term Assurance Plans
With the recent ratification of the Occupational Safety Act, employers now face new obligations to ensure the safety and well-being of their...
Maldives Government Proposes MVR 56.6 Billion Budget for 2025
The Maldivian government has unveiled a budget proposal totalling MVR 56.6 billion for the upcoming year, focusing on expenditure reduction, fiscal reforms,...
Committee Upholds Green Tax Increase for All Guesthouses, Rejects Exemption for Small Operators
The Maldivian parliament’s committee has voted against proposed exemptions that would have prevented smaller regional airports and guesthouses from facing increased departure...
STO’s Third Quarter Report Shows Strong Revenue Growth Amid Increased Expenses
The State Trading Organisation (STO) has reported its financial and operational performance for the third quarter of 2024, detailing notable revenue growth...
Ooredoo Fun Run Returns to Hulhumale on 20 December 2024
Ooredoo Maldives’ much-anticipated Fun Run is set to bring back its vibrant atmosphere to Hulhumale’ on 20 December 2024. Known as "The...
Hoandedhdhoo Council Opens Bids for Major Sustainable Agricultural Project on Kannigillaa Island
Hoandedhdhoo Council has announced the launch of a large-scale sustainable agricultural project on Kannigillaa, an uninhabited island in Gaafu Dhaalu Atoll. Bidding...
MMPRC Launches Nationwide Landmark Design Competition to Showcase Maldivian Heritage
The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a nationwide competition inviting Maldivians over the age of 18 to design...
Tourism Revenues Propel Maldives’ Fiscal Year as Infrastructure Investments Surge
The Maldives government’s financial report for the period ending 24 October 2024 reveals a persistent budget deficit, with expenditure outpacing revenue. Cumulative...
Future Summit 2024 Outlines Path for Sustainable Tourism in Maldives
Held at Kurumba Maldives, the Future Summit 2024 brought together over 150 industry leaders, government officials, and tourism experts to discuss the...
Maldivian Resumes Scheduled Flights to Kooddoo Airport Post-Runway Renovations
Maldivian, the national airline of the Maldives, has resumed scheduled flights to Kooddoo Airport following recent runway renovations. The route, connecting Gaafu...
Maldives and China Sign Protocol to Boost Seafood Exports
The Maldives Food and Drug Authority (MFDA) has formalised a protocol with China’s General Administration of Customs (GACC) to establish inspection and...
Gov’t Aims to Expand Fish Storage Capacity to 25,000 Tons by 2029
In a parliamentary session today, Fisheries Minister Ahmed Shiyam announced the government’s target to enhance the nation’s fish storage capacity to 25,000...
New MIRA Guidelines Outline Reporting Requirements for SEZ-Linked Tax Concessions
The Maldives Inland Revenue Authority (MIRA) has gazetted new regulations to clarify reporting requirements for tax concessions linked to Special Economic Zones...
Corporate Maldives Unveils “Network”: A New Business Networking Platform for the Maldives
Corporate Maldives has officially launched Network, an innovative platform designed to enhance networking for professionals and businesses. Network serves as a hub...
Corruption Crackdown or Control Play? Debate Erupts Over ACC Amendments
The Maldivian government's recent proposal to amend legislation granting the President the authority to appoint the heads of the Anti-Corruption Commission (ACC)...
Parliament Approves MVR 5 Billion Supplementary Budget
Today, Parliament approved a supplementary budget of MVR 5 billion, which was proposed by the government to cover additional expenditures for the...
Bangkok Airways and British Airways Expand Codeshare Partnership
Bangkok Airways Public Company Limited and British Airways have announced an expansion of their codeshare agreement, enhancing travel options for passengers between...
Parliament Approves Aishath Azeema as New High Commissioner to India
The Maldivian Parliament has officially endorsed the appointment of Aishath Azeema as the nation's new High Commissioner to India, following her nomination...
LATEST ARTICLES
Construction Minister Flags Misuse of Advance Payments by Contractors
Minister of Construction Dr Abdulla Muthalib has raised concerns over the misuse of advance payments by contractors, which has stalled several development...
Opening of New International Terminal at VIA Delayed Until Mid-2025
The opening of the new international terminal at Velana International Airport (VIA) has been postponed until mid-2025 at the recommendation of the...
The Cost of Control: What the Maldives Stands to Lose with Power Centralisation
In a move that has raised alarms about the erosion of democratic norms, President Mohamed Muizzu has ratified amendments to the laws...
Maldives and Tajikistan Sign Visa Exemption Agreement
Maldives and Tajikistan have formalised a bilateral agreement granting mutual visa exemptions for their citizens for stays up to 30 days. The...
Maldives Targets 2.4 Million Tourist Arrivals in 2025
The Maldives is setting its sights on a new tourism milestone, aiming to welcome 2.4 million visitors in 2025, surpassing the 2.2...
