Maldives’ Transportation Dilemma: Should the Government Prioritize RTL Ferries or More Airports?

Connecting rural populations in isolated areas with a reliable transportation system is crucial for the development of a country. However, the implementation...

Agreements Detrimental to the Government Must Be Reformed! A Call to Action for Fair...

The entrusted operation of the ferry system throughout the country was once exchanged for an island to build a resort. Yet, ferry...

Millions Spent Every Year to Rent Government Offices — Huge Waste of Taxpayer Money!

The scarcity of suitable infrastructure for state institutions poses a significant obstacle for the government. It was hoped that the construction of...

Delays in Ameenee Magu Project — Businesses in the Area at a Great Loss!

Ameenee Magu is one of Male' City's busiest roads because it is one of the largest. Nevertheless, inhabitants of Male have long...

Lack of Parking Spaces Continues to Plague Malé City!

Finding free parking spaces has always been a problem in Male’ city. The problem has been exacerbated by the commencement of the...

The Dangers of Politically Motivated Speculation — Far Greater Than Risk of Economic Collapse?

Recently, the neighbouring country of Sri Lanka defaulted on its debt for the first time in its history as the country grapples...

High Service Charge Paid by Resorts — Another Side to This Story?

From 1st January 2021 onwards, the law made service charge a mandatory levy in the Maldives tourism sector. This brought about a...

Report: Developing Resorts on Every Single Uninhabited Island Must be Stopped!

As the country's main economic driver, tourism is the lifeline of the Maldives. We heavily rely on this industry for the bulk...

Islands on Bid for Tourism Development in Outer Atolls – Why Were They Not...

Earlier this year, the Ministry of Tourism had invited eligible investors to submit their interest to develop tourist resorts in uninhabited islands...

Post-Covid Resort Construction: How Has the Industry Adapted to the New Normal?

The prevalent COVID-19 pandemic has required every industry to adapt to new normal ways of work, and the construction industry has not...

Muslim Millennial Travelers are influencing a USD 100 Billion Market: MMTR2017

Muslim Millennial Travelers (MMTs), a distinctive subgroup of the modern millennial travellers are modelling a USD 100 billion market with their special requirements, interests...

Embracing Diversity to create a Culture of Inclusion – Emerging Talent Management Approach

In this new edge global scenario, we are transmuting and dealing with technology and the disruption. While the technology is the easy part, the...

Ditching Traditional DMO’s: Case Study of Copenhagen vs Maldives

Wonderful Copenhagen just announced that they are ditching their traditional DMO’s role and focus on a brand new destination strategy that will lead them...

Overall Revenue Generated from Taxes Dropped Last Month – MIRA

Statistics published by Maldives Inland Revenue Authority (MIRA) revealed that the revenue generated from Goods and Services Tax (GST) dropped by 18% last month. ...

Revenue Generated from the Export of Fish Totaled to $10.5 Million in June Month

Statistics published by Maldives Monetary Authority (MMA) have revealed that revenue generated from fish exports during June month totaled to $10.5 Million. The “Economic Review”...

SMEs Have Been Issued With Loans Totaling to MVR 24 Million under the Credit...

Small and Medium Sized Enterprises (SMEs) have been issued with loans totaling to MVR 24 Million under the Credit Guarantee Scheme formed by Maldives...

Self-Service Transitions by BML has reached over 4 Million

Bank of Maldives (BML), the national bank of the Maldives has revealed that last year’s statistics displayed that over 4 million self-service transitions were...

Maldives: Rising Bed Capacity but a Stagnant Demand

Looking at the last 6 years of tourist arrivals into the Maldives, it will be safe to say that the arrivals have remained rather...

Dhiraagu Records Profit after tax of MVR 209 Million Within the Second Quarter of...

Dhiraagu, the largest telecommunication company in Maldives have announced that they have recorded MVR 209 Million as Profit-after-tax. Financial reports published by Dhiraagu revealed that...

MTCC Announces Revenue of MVR 24.6 Million Within the Second Quarter of this Year

Maldives Transport and Contracting Company (MTCC) has announced that they have earned revenue of MVR 24.6 Million within the second quarter of this year....

Maldivians travelling to Sri Lanka has Dropped This Year Compared to Last Year

Statistics of June month have revealed that the number of Maldivians travelling to Sri Lanka has dropped. Sri Lanka is one of the top...

Both the Imports and Exports Have Increased Last Month: Maldives Customs Service

  According to the statistics revealed by Maldives Customs Services, The CIF value of goods imported on this year’s June Month has increased by 7%...

India Renews Export of Staple Food Quota to Maldives

India has renewed the quota of exporting onion and potato to Maldives for one year. This news was published in Indian media after receiving...

Deadline Extended for Filing BPT Return

Maldives Inland Revenue Authority (MIRA) has extended the period for the submission of last year’s Business Profit Tax (BPT) Return and reports to 16th...

LATEST ARTICLES

Maldives Welcomes Record Number of Tourists in February

The Maldives welcomed 200,000 tourists in February, marking a new monthly high, according to the Tourism Ministry. This represents a 20% increase...

Maldivian Trade Delegation to Visit the United States in July

A trade delegation from the Maldives is scheduled to visit the United States in July, announced Economic Minister Mohamed Saeed. The visit...

MIRA Reports Strong January 2024 Revenue Figures

The Maldives Inland Revenue Authority (MIRA) released statistics for January 2024, revealing a 5.7% increase in revenue compared to January 2023.

Report Reveals Billions Needed for Climate Fight

The Maldives faces the urgent task of securing substantial funding to implement its climate adaptation strategies while also managing a significant debt...

Cash Flow or Foreign Policy: Root of Maldives’ Economic Woes Debated

President Dr Mohamed Muizzu asserted that the Maldives was on the brink of economic collapse when he assumed office. He maintains that...
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