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LATEST ARTICLES
WAMCO Seeks Investors for Island Development to Fund Waste Management
The Waste Management Corporation (WAMCO) has announced that it is seeking investors to develop island areas under a contractor-financed model, as part...
Services Sector Felt Biggest Price Rise After 2023 Tax Increase, Study Shows
A new study by the Maldives Monetary Authority (MMA) has found that the January 2023 increase in Goods and Services Tax (GST)...
Tourist Arrivals in Early August Show Slower Growth Compared to Previous Months
Tourist arrivals to the Maldives in the first half of August reached 107,847, up 4.4 percent compared with the same period last...
Favara Drives 20% Growth in Account Transfers as Cash Use Falls
The latest Payments Bulletin from the Maldives Monetary Authority (MMA) shows a sharp acceleration in the country’s transition to digital payments, with...
MT Hawks Liberty Joins Hawks Fleet as Nation’s Biggest Private Tanker
The Hawks Pvt Ltd has expanded its fleet with the acquisition of MT Hawks Liberty, now the largest oil tanker owned by...
