THE MALDIVIAN ECONOMY IN 2016: CENTRAL GOVERNMENT FINANCE
By: Shifneen Rasheed & Daha Shuaib
The public sector of the Maldives, especially the central government, plays a major role in propelling the country towards...
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...
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...
The Transcending Indian Outbound Travel Market
Recently, Indian economy portrayed a boom demonstrating a growth in the rising middle class and disposable income of the Indian population. The trend emulated a...
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...
Average expenditure $528, 58% travel for medical purposes – Maldivians Traveling Abroad Survey
The Central Bank of Maldives, Maldives Monetary Authority (MMA), published a survey 'Maldivians Traveling Abroad' conducted by the Statistics Division of MMA with the assistance...
2.1% Dip in Tourist Arrivals for March 2017
The Ministry of Tourism has released tourist arrival stats for March 2017, showing a slight dip in the overall numbers in comparison to 2016. The...
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. ...
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...
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...
Tapping the Maldives’ Full Potential: 3 Takeaways from Talks on Population and Youth
By Alain Sibenaler - UNFPA’s Country Director for the Maldives.
The Maldives is poised to enter a new and exciting chapter in its history — one of...
MIFCO under STO Management
Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company in the country, State Trading Organization (STO) in September...
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....
Hilton 2016 Annual Report – Record Growth and Progress Globally
Hilton has publicized its annual report for the year 2016, revealing a year of record growth and remarkable progress.
A leader in the global hospitality...
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%...
MMA has released the Monthly Economic Report for September
In October last year it was estimated by the Ministry of Finance and Treasury that the GDP of the country would be up to 6.4%...
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...
Global Halal Industry worth $3.66 trillion
The strength and the prosperity of the global halal industry has been trumpeted all over the news. The rise of Generation M - formally...
THE MALDIVIAN ECONOMY IN 2016: CONSTRUCTION SECTOR
Report by: Shifneen Rasheed & Daha Shuaib
The year 2016 was a year of ups and downs for the Maldivian economy. While some sectors experienced...
Saudi Prince’s Vision 2030
The dynamic, fast-talking, 31-year-old Crown Prince Mohammed bin Salman — aka MBS and his Vision 2030 is an ambitious effort to reshape the economy over...
‘Infinity’ – subscribe for Initial Public Offerings (IPOs) online
Infinity by Maldives Security Depository
Maldives ranks amongst the top 100 countries in ICT development index. Banking on the high adoption rate of Internet, a...
8 things Maldivian football can learn from English Premier League & Indian Super League
by Akhmeem Abdul Razzaq
FAM should immediately stop the organizing and executing of football tournaments in the country. The role of FAM should be...
Maldives drops three position on Doing Business ranking
Maldives plunges three position down from the recent report on "Doing Business 2016", published annually by the World Bank. Doing Business 2016 is an...
Massive Increase in the Revenue Generated from Tourism Land Rent
It has been revealed by Maldives Inland Revenue Authority (MIRA) that the revenue generated from tourism land rent has increased tremendously.
Statistics issued by MIRA...
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