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...
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...
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...
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...
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...
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....
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
FTA Negotiations to Commence Between Maldives and India
The governments of the Maldives and India have formally agreed to commence negotiations on a Free Trade Agreement (FTA), marking a significant...
Maldives to Link Favara with India’s UPI to Ease Cross-Border Payments
The Maldives Monetary Authority (MMA) has signed an agreement with NPCI International Payments Limited (NIPL) to connect Favara, the Maldives’ national instant...
First National Finance Corporation Appointed as Investment Advisor to Rainbow Construction
Rainbow Construction Pvt Ltd has appointed First National Finance Corporation as its Investment Advisor, marking the company’s first step into raising capital...
Maldivian Simplifies Booking Process, Removes ID Upload Requirement
Starting 1st August 2025, passengers travelling with Maldivian, the national airline of the Maldives, will no longer need to upload or present...
PM Modi’s State Visit Marks New Chapter in Maldives–India Relations
Prime Minister Narendra Modi arrived in the Maldives on Friday for a state visit, his first trip to the country since beginning...
