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The Maldivian government has clarified that businesses exporting goods to the country will be excluded from the upcoming implementation of the 'destination principle' for Goods and Services Tax (GST)....
The Maldives Monetary Authority (MMA) aims to increase the proportion of Maldivians in senior banking positions to 80 percent, Governor Ahmed Munawar announced on Monday. Speaking at the official laun...
The Maldives National University (MNU) has launched the ninth edition of the 'Theveli' International Conference, marking a historic milestone for academic research in the Maldives. This year’s event h...
First Lady Sajidha Mohamed has called on the youth of the Maldives to transition from being mere consumers of technology to becoming global innovators. Speaking as the keynote speaker at …
Finance and Public Enterprises Minister Hassan Zareer has assured the Maldivian Parliament that employees of state-owned companies will not be dismissed based on their political affiliations or views ...
The merger of the Regional Airports Company Limited into the Maldives Airports Company Limited (MACL) is saving the state budget approximately USD 648,500 per month, Finance and Public Enterprises Min...
President Dr Mohamed Muizzu has officially launched the operations of Maldives Premier Bank, marking the entry of the ninth licensed banking institution into the Maldivian financial landscape. The ina...
The Maldives is negotiating with Russian authorities to increase the number of airlines operating flights to the archipelago, aiming to strengthen air connectivity and expand the Russian tourism marke...
The Maldives government has announced plans to initiate legal proceedings against tourism businesses that have failed to settle outstanding lease rents and penalties owed to the state. Operating unde...
The Maldivian government is moving to increase the withholding tax rate for foreign contractors from 5 percent to 10 percent, a move designed to eliminate unfair advantages and support local …