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. ...
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%...
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...
STO to Reduce the Price of Petrol and Diesel
State Trading Organization Plc (STO) has reduced the price of petrol and diesel.
1-liter of diesel which was being sold for MVR 8.95 has been...
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...
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...
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...
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...
Asian economy boomed despite a downgrade caused by India – ADB
Recent publication by the Asian Development Bank indicated a steady growth for the Asian economies despite a temporary setback caused by the Indian demonetization. It...
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....
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...
LATEST ARTICLES
Transition to ‘Tradian’ Trade Platform Delayed Until Further Notice
The Ministry of Economic Development and Trade announced today a delay in the full transition to the “Tradian” platform—the Maldives’ first National...
Maldives Commits to Digital Development and Regional Collaboration at Asia-Pacific ICT Ministerial Meeting
The Maldives has reaffirmed its commitment to digital development and regional collaboration during the Asia-Pacific ICT Ministerial Meeting held in Tokyo from...
President Establishes Greater Malé Financial District Limited to Drive Economic Innovation
President Dr Mohamed Muizzu announced the formation of a new state-owned enterprise, Greater Malé Financial District Limited, under Article 15 of the...
April 2025 Economic Update: Moderate Growth, Evolving Tourism Trends, and Rising Inflation
The Maldives' economic performance in the fourth quarter of 2024 and the first quarter of 2025 reflects a period of moderated growth,...
PCB Announces New Leadership: Ayesha Nur’ain Janah to Head MACL, Ahmed Shaheer to Chair...
The Privatisation and Corporatisation Board (PCB) appointed new chairpersons to the boards of two major state-owned enterprises—Maldives Airports Company Ltd (MACL) and...
