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      STO People’s Choice Opens First Floor, Expanding Home Improvement and Lifestyle Offerings

      June 14, 2026

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      STO People’s Choice Opens First Floor, Expanding Home Improvement and Lifestyle Offerings

      June 14, 2026

      Visit Maldives Corporation Posts Best Revenue in Eight Years

      June 10, 2026

      Maldives Welcomes close to a million Tourists by Early June, Down 4.8%

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    Maldives Business TimesMaldives Business Times
    Home » PUBLIC SECTOR » Page 42
    FINANCE

    State expenditures at MVR 27.7bn, revenues at MVR21.3bn

    August 28, 2023

    The cumulative total of state expenditures reached MVR 27.7 billion as of August 17, 2023, reports the Ministry of Finance.…

    BUSINESS

    MMA launches Maldives Instant Payment System; “Favara”

    August 27, 2023

    Maldives Monetary Authority (MMA) launches the instant payment system ‘Favara’ on August 26, Saturday. The new instant payment system was…

    BUSINESS

    Visa Exemption for Maldivians traveling to Kyrgyz Republic

    August 20, 2023

    Effective from August 20, Maldivians traveling to Kyrgyz Republic will be exempted from visa for a 30-day stay. The Ministry…

    BUSINESS

    Maldives signs visa exemption agreement with Mongolia

    August 20, 2023

    The governments of Maldives and Mongolia have signed a Visa Exemption Agreement. The agreement will allow Maldivians to travel to…

    BUSINESS

    MPL and Maldives Hajj Corporation partners for Employee Pilgrimage Scheme

    August 20, 2023

    Maldives Ports Limited (MPL) has partnered up with Maldives Hajj Corporation to launch the “Muazzafunge Scheme” (Employees’ Scheme). The memorandum…

    FINANCE

    State expenditure at MVR 26.9bn, revenues at MVR 21.0bn

    August 19, 2023

    The cumulative total of state expenditure reached MVR 26.9 billion as of August 10, reports Ministry of Finance. State’s revenues…

    PUBLIC SECTOR

    Hulhumale’ lagoon reclamation to commence in September

    August 17, 2023

    Preparations are underway for the reclamation of Hulhumale’ 2 lagoon which will be the venue for the state to issue…

    BUSINESS

    All eligible applicants subject to receive land from Addu

    August 16, 2023

    Addu City Council has decided to issue plots to all eligible applicants who earlier applied for land from Addu. The…

    BUSINESS

    Maldives President assures RTL ferry network service in Noonu atoll

    August 13, 2023

    Maldives President Mr. Ibrahim Mohamed Solih has affirmed the Raajje-Transport Link (RTL) integrated national ferry network services will commence in…

    FINANCE

    Govt acquires USD 54.9mn loan for budget support

    August 12, 2023

    Maldives government has secured a loan of USD54.9 million (MVR844 million) from a foreign private investor for budget support. Though…

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    Lending to Your Own Government: A Guide to Maldivian Government Securities and the Law That Makes Them Work

    June 11, 2026

    The Maldivian state owed the market about MVR 97 billion through securities alone. That is…

    Three New Ambassadors Meet Maldives Foreign Minister

    June 10, 2026

    Visit Maldives Corporation Posts Best Revenue in Eight Years

    June 10, 2026
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