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    Rasmale’ Reclamation Will Incur USD330 M, says Minister

    November 9, 2026

    Government Establishes New Corporation Aimed at Boosting Equitable Opportunities for Maldivians

    November 9, 2026

    BML Sets the Record Straight on Reports of Payment Ban on Russian Tourists

    November 9, 2026
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      Rasmale’ Reclamation Will Incur USD330 M, says Minister

      November 9, 2026

      Government Establishes New Corporation Aimed at Boosting Equitable Opportunities for Maldivians

      November 9, 2026

      BML Sets the Record Straight on Reports of Payment Ban on Russian Tourists

      November 9, 2026

      Seventh World Media Summit Opens in Beijing

      November 7, 2026

      CoolFly’s Personal Aircraft Showcases First Time in Maldives

      November 7, 2026
    • BUSINESS

      Government Establishes New Corporation Aimed at Boosting Equitable Opportunities for Maldivians

      November 9, 2026

      BML Sets the Record Straight on Reports of Payment Ban on Russian Tourists

      November 9, 2026

      FSM’s Latest Outlet Opens in Dhangethi, Expanding Fuel Supply Network

      November 7, 2026

      Minister Claims Central Bank Must Answer Black Market Currency Exchange Surge

      November 4, 2026

      Maldives Gas Brings Temporary Reduces Refueling Quantity to Address Import Issues

      November 4, 2026
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    Maldives Business TimesMaldives Business Times
    FINANCE
    FINANCE

    State revenues at MVR2.19bn, drops by 1.2% in March 2023

    April 11, 2023

    The Maldives government collected a total revenue of MVR2.19 billion in March 2023, reported the Maldives Inland Revenue Authority (MIRA). According to…

    FINANCE
    FINANCE

    State revenues and grants increase 117% in February 2023

    April 10, 2023

    The state revenues and grants for February 2023 is MVR4,081.6 million (MVR4.2 billion), a 117.0% percent rise compared to the same month…

    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…

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    BUSINESS

    Government Establishes New Corporation Aimed at Boosting Equitable Opportunities for Maldivians

    November 9, 2026

    Maldives President Dr. Mohamed Muizzu has established a new Government-owned company called ‘Dhiveheenge Resort Hihsaa…

    BML Sets the Record Straight on Reports of Payment Ban on Russian Tourists

    November 9, 2026

    Seventh World Media Summit Opens in Beijing

    November 7, 2026
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