The Maldives Monetary Authority has opened investigations into money changers after finding that businesses earning large sums in foreign currency…
Maldivian government spending on grants and subsidies has climbed to USD 524 million so far this year, a 44 percent…
The Parliamentary Public Accounts Committee has approved sweeping Foreign Exchange Act amendments that criminalize the sale and advertising of US…
The Maldives Monetary Authority (MMA) has announced plans to amend the Foreign Exchange Rules, requiring resorts to exchange 20 percent…
More than USD 194,000 has been channeled into the Waqf Fund since the beginning of the year, as online contribution…
The Bank of Maldives (BML) on Tuesday revealed it has implemented a new structural design. According to the bank, this…
The total amount of uncollected state revenue in taxes, rent, and fees increases reaching MVR 14.5 billion. According to the…
The Ministry of Finance has set MVR 2.5 billion for next year’s Council Block Grant. Block grants were first issued…
The Maldives state collects MVR 2.92 billion revenue in June 2026, reports Maldives Inland Revenue Authority (MIRA). This revenue total…
The Allied Insurance Company of the Maldives has formed a new alliance with CA Maldives, towards strengthening and advancing the…