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    Tax Revenue Jumps 9.8%, State Revenue at MVR 33.3 Billion

    November 2, 2026

    STO Announces Strong Q3 Performance: Maintains Industry Dominance

    October 29, 2026

    State Collects MVR 172.8M in Departure Tax in September

    October 26, 2026
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      Tax Revenue Jumps 9.8%, State Revenue at MVR 33.3 Billion

      November 2, 2026

      STO Announces Strong Q3 Performance: Maintains Industry Dominance

      October 29, 2026

      State Collects MVR 172.8M in Departure Tax in September

      October 26, 2026

      MIB to Hold EGM on November 10

      October 26, 2026

      Allied Insurance Picks Up Two IFFSA Awards in Colombo

      October 26, 2026
    • BUSINESS

      STO Announces Strong Q3 Performance: Maintains Industry Dominance

      October 29, 2026

      MIB to Hold EGM on November 10

      October 26, 2026

      Allied Insurance Picks Up Two IFFSA Awards in Colombo

      October 26, 2026

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026
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    Home » Latest News » Page 12
    Latest News

    Maldives President Issues Decree Setting Investment Thresholds for Cross-Subsidy Projects

    June 22, 2026

    President Dr. Mohamed Muizzu has signed a new Presidential Decree governing cross-subsidy investment in the Maldives. The decree sets out…

    BUSINESS

    Maldives Agricultural Ministry Launches Island Pilot Programs Ahead of Fushidhiggaru Falhu Mega Project

    June 22, 2026

    The Ministry of Fisheries and Agriculture is moving forward with agricultural pilot programs across larger islands. These programs will lay…

    Latest News

    Flynas Resumes Maldives Operations with Three Weekly Flights from Riyadh

    June 20, 2026

    Saudi Arabia’s budget carrier, Flynas has relaunched their scheduled flights to the Maldives once more. The airline’s first flight touched…

    FINANCE

    Loan Repayments Nearly Triple as the Debt Stock Nears MVR 97 Billion

    June 16, 2026

    Maldives debt servicing dominated the government’s cash outflows through early June. Loan repayments reached MVR 8.7 billion by June 4.…

    FINANCE

    Tourism Revenue Climbs Even as Fewer Guests Arrive

    June 16, 2026

    Maldives tourism tax revenue rose through early June, even though fewer travelers reached the islands. Tourism Goods and Services Tax…

    FINANCE

    Consumption Taxes Carry the Economy as Subsidies Swell

    June 16, 2026

    Maldives tax revenue growth anchored the state’s finances through the first five months of 2026. Tax receipts reached MVR 14.8…

    Government

    Spending Overtakes Revenue as the State Slips Into Deficit

    June 16, 2026

    The Maldives budget deficit (in 2026) now stands at MVR 110.6 million. The Ministry of Finance and Public Enterprises reported…

    BUSINESS

    PayPal Launches in Maldives, Opening Global Commerce for Local Entrepreneurs

    June 15, 2026

    Malé, Maldives — PayPal now operates in the Maldives. President Dr. Mohamed Muizzu inaugurated the global payment platform today (June…

    BUSINESS

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

    June 14, 2026

    State Trading Organization (STO) has opened the first floor of its People’ Choice outlet, expanding its space and offerings for…

    Government

    Three New Ambassadors Meet Maldives Foreign Minister

    June 10, 2026

    Three newly appointed ambassadors have called on Foreign Minister Iruthisam Adam. Each envoy met the Minister after presenting credentials to…

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    BUSINESS

    STO Announces Strong Q3 Performance: Maintains Industry Dominance

    October 29, 2026

    State Trading Organization (STO) has announced its financial performance for the third quarter of 2026.…

    State Collects MVR 172.8M in Departure Tax in September

    October 26, 2026

    MIB to Hold EGM on November 10

    October 26, 2026
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