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

Parliament Pushes Through MVR 56.6 Billion Budget, Axes Accountability Measures

The Maldivian Parliament has approved a state budget of MVR 56.6 billion for 2025, despite criticism over the lack of specifics on...

MIRA Implements Changes to GST Regulation, Eases Rules for Staff Cafes

The Maldives Inland Revenue Authority (MIRA) has published the 31st Amendment to the Goods and Services Tax (GST) Regulation, introducing key updates...

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...
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