Goods Imported on Behalf of a Third Party Subject to GST
The MIRA has published a circular concerning the GST implications for businesses that import goods…
Section
News
MIRA Reports 14.5 billion in Revenue in 2016
Maldives Inland Revenue Authority has reported a total of MVR 14.5 billion in revenue in…
16% Increase During First Month of Maldives Tourism Season
The first month of Maldives tourism high season (spanning from November to April) has shown…
6 Hotel Trends Projected for 2017!
The hospitality industry is an industry that implements the most recent and up to date…
MWSC to Establish Water and Sewerage System for Hulhumale’ Second Phase
Male’ Water and Sewerage Company (MWSC) has been awarded a 25-million-dollar project to establish the…
MATATO to host destination stand at WTM Connect Asia 2017
MATATO invites its members and industry partners, to participate in WTM Connect Asia 2017, to…
15.2 Million Dollars Sold to Over 30,000 Travelers– MMA
Maldives Monetary Authority has publicized that 15.2million US dollars were sold to over 30,000 local…
Top 12 events for Maldives Businesses in 2017
2016 was a year of many firsts in the Maldives, with several new events that…
Qatar Airways Travel Festival 2017
Qatar Airways’ popular Travel Festival is back and is bigger than ever for 2017, with…
MMA increases Credit Guarantee Scheme Allotment to 100million
Maldives Monetary Authority has announced that the allocated budget for the Credit Guarantee Scheme has…
Dhiraagu Becomes Development Partner for Young Fishers Club
Dhiraagu has signed on to become the official Development Partner of Maldives Fishermen’s Associations’ Young…
CARE Ratings closes Maldives Office
Credit Analysis and Research Limited (CARE), the second largest credit rating agency in India, has…
BML Launches Online Portal for Dollar Purchase
Bank of Maldives (BML) has launched an online portal for convenient purchase of US dollars.…
US President Obama Denies All Pending Permits for Seismic Airgun Blasting in Atlantic Ocean
As seen on http://www.ecowatch.com The Obama administration has formally denied all pending permits to conduct seismic airgun…
Ooredoo Maldives Nationwide Submarine Cable Project Complete
Ooredoo Maldives has successfully completed their 25million dollar project to extend their submarine cable network…
Leased Plots at ‘Guesthouse Island’ Baresdhoo will be Handed Over in February – MITDC
Maldives Integrated Tourism Development Corporation (MITDC) has announced that land plots leased from ‘Guesthouse Island’…
Dhoogas will be awarded to MPL very soon – Junaid
Mohamed Junaid, Chief Operating Officer of Maldives Ports Limited (MPL), has stated that Dhoogas Hotel…
MITDC to Reclaim Lagoon near Male’ for Picnic Island
Maldives Integrated Tourism Development Corporation (MITDC) will reportedly be reclaiming a lagoon near Male’ to…
Air China to Commence Direct Flights to Maldives
Chinese Ambassador to the Maldives Wang Fukang has announced that Chinese national airline, Air China,…
Talks Underway for Haa Dhaalu Naagoshi Resort Project – MITDC
Maldives Integrated Tourism Development Corporation has announced that talks are underway for the Haa Dhaalu…
Remittance Tax Imposed on Expatriate Workers
Maldives Inland Revenue Authority (MIRA) has announced that a 3% remittance tax will be levied…
Small Business Ideas for Maldives
There are a lot of individuals in the Maldives, particularly young adults, who are interested…
Carpooling services – is it an option to reduce congestion in Male’?
Carpooling service worldwide has shown remarkable achievement in reducing traffic congestion, and traffic congestion is…
Maldives Wins Favorite Remote Beach Destination
Maldives has won the ‘Favorite Remote Beach Destination’ award at the 29th Annual Condé Nast…