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    Parliament Passes Foreign Currency Law Amendments Raising Deposit Threshold to USD 25 Million

    August 26, 2026

    Maldives to Build Northern Yacht Marina at Uligam as Arrivals Outgrow Facilities

    August 24, 2026

    Maldives Central Bank Targets Money Changers as Dollar Black Market Widens

    August 24, 2026
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      Parliament Passes Foreign Currency Law Amendments Raising Deposit Threshold to USD 25 Million

      August 26, 2026

      Maldives to Build Northern Yacht Marina at Uligam as Arrivals Outgrow Facilities

      August 24, 2026

      Maldives Central Bank Targets Money Changers as Dollar Black Market Widens

      August 24, 2026

      Visit Maldives Chief Resigns Five Days After Winning PATA Executive Board Seat

      August 24, 2026

      Maldives Subsidy Bill Jumps 44% as Middle East Conflict Lifts Fuel Costs

      August 22, 2026
    • BUSINESS

      Parliament Passes Foreign Currency Law Amendments Raising Deposit Threshold to USD 25 Million

      August 26, 2026

      Maldives to Build Northern Yacht Marina at Uligam as Arrivals Outgrow Facilities

      August 24, 2026

      Maldives Central Bank Targets Money Changers as Dollar Black Market Widens

      August 24, 2026

      STO Launches Pocket Ultrasound Scanner in the Maldives

      August 20, 2026

      Allied Insurance Takes Project Risk to the Podium at CIF 2026

      August 19, 2026
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    Maldives Business TimesMaldives Business Times
    FINANCE
    FINANCE

    State expenditures hit MVR11.1bn, revenues at MVR8.5bn

    April 6, 2023

    The state expenditures in cumulative terms reached MVR11,085.2 million (MVR11.1 billion) as of 30th March 2023. On the other hand, the state…

    BUSINESS
    BUSINESS

    BML reduces overdue loan interest rate to 2%

    April 6, 2023

    The Bank of Maldives (BML) said it has dropped the interest rate on overdue loans from the previous 10% to 2%. The…

    FINANCE
    FINANCE

    Expenses at MVR9.9bn, revenues at MVR7.6bn

    April 4, 2023

    State expenditures reach MVR9.9 billion, revenues inclusive of grants hit MVR7.6 billion; in cumulative terms. The overall balance for the period is…

    BUSINESS
    BUSINESS

    ADB signs USD41mn finance package with BML

    March 30, 2023

    The Asian Development Bank (ADB) on Monday, signed a USD41 million finance package with the Bank of Maldives (BML). The international financial…

    FINANCE
    FINANCE

    Expenditures hit MVR9.2bn, revenues sluggish at MVR7.2bn

    March 26, 2023

    The cumulative total of state expenditures reached MVR9,225.2 million (MVR9.2 billion) as of 16th March 2022, reported the Ministry of Finance. Meanwhile,…

    FINANCE
    FINANCE

    Finance Minister claims government monitoring SOE compliance

    March 22, 2023

    The Minister of Finance Ibrahim Ameer has said that the Maldives government is monitoring the compliance of all state-owned enterprises (SOEs). The…

    FINANCE
    FINANCE

    TGST hike catalyzes early taxes from tourism properties

    March 15, 2023

    Several tourism service providers, properties, and operators have paid relevant tax in advance during January to reduce the tax payable at the…

    FINANCE
    FINANCE

    Government implements policy allowing credit card use by offices

    March 13, 2023

    The Maldives government has formulated the policy of using credit cards in state offices and agencies. The policy has been put on…

    FINANCE
    FINANCE

    State expenses reach MVR7.3 billion, deficit at MVR1.1 billion

    March 13, 2023

    The state expenditures in cumulative terms reached a total of MVR7.3 billion as of 02nd March 2023, reported the Ministry of Finance.…

    FINANCE
    FINANCE

    State collects MVR 1.72 billion revenue in February 2023

    March 12, 2023

    The Maldives government collected a total revenue of MVR 1.72 billion in February 2023, reported Maldives Inland Revenue Authority (MIRA). Out of…

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    BUSINESS

    Maldives to Build Northern Yacht Marina at Uligam as Arrivals Outgrow Facilities

    August 24, 2026

    Maldives Ports Limited will begin construction this month on a yacht marina at Uligam in…

    Maldives Central Bank Targets Money Changers as Dollar Black Market Widens

    August 24, 2026

    Visit Maldives Chief Resigns Five Days After Winning PATA Executive Board Seat

    August 24, 2026
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