Report: MTCC Expansion, a Double-Edged Sword for the Maldives’ Economy

The proposed expansion of the Maldives Transport and Contracting Company (MTCC) reveals a complex tension within the nation's economy. The state-owned enterprise,...

Report: Maldives’ Subsidy System, A Lifeline for the People or a Boon for the...

The Maldives' economy relies heavily on state subsidies to ease the cost of living for its citizens. From healthcare and electricity to...

Report: The Costly Economics of Parliamentary Elections in Maldives

As the fervour of the parliamentary campaign reaches its zenith in the Maldives, a glaring reality emerges from the shadows - the...

Report: State Burdened by Retirement Allowances for Former Presidents, Parliament Members, and Judges

Under the Parliamentary Privileges and Powers Act (Act no: 5/2013), MPs completing one term are entitled to a retirement allowance of 30%...

LATEST ARTICLES

Hassan Zareer Approved as Commissioner General of Taxation

On Tuesday, the Parliament's Committee on Economic Affairs granted approval for the appointment of former Deputy Commissioner General of Taxation, Hassan Zareer,...

Six Plots in Maafushi Fetch MVR 24.6 Million

Six land plots from the recently reclaimed area in Maafushi have been sold for a whopping MVR 24.6 million (approximately USD 1.6...

Maldives Tourism Will Generate MVR 6 Billion per Annum by 2027: Minister

Minister of Tourism Ibrahim Faisal has said that the Maldives tourism sector will generate an annual revenue of MVR 6 billion by...

Over 6000 Local SMEs Assisted Since 2017: BCC

The Business Center Corporation (BCC) has announced that its advisory services have positively impacted over 6,000 small and medium-sized businesses (SMEs) in...

Fish Factory Project Shifts from Maadheli to Nilandhoo 

The Maldives Ministry of Fisheries has revealed that plans for a fish factory originally slated for Maadheli have been redirected to Nilandhoo....
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