Maldives President Dr. Mohamed Muizzu has announced the launch of the ‘Hiyaavehi Financing Programme’, a state-backed initiative to support individuals and families…
The Maldives President Dr. Mohamed Muizzu has ratified the 7th Amendment to the Goods and Services Tax (GST) Act (Act No. 10/2011).…
The Maldives government has earned a cumulative total of MVR 28.2 billion revenues, inclusive of grants as of October 24, 2024, according…
The International Financial Services Authority (IFSA) is seeking a viable candidate to lead the agency as its Chief Executive Officer. The agency…
The Maldives Monetary Authority (MMA) on Sunday has granted the operating license to the Development Bank of Maldives (DBM). The license was…
The Maldives government has earned a revenue of MVR 2.30 billion in September 2024, which is a 93.1% increase compared to the…
The Maldives official reserves declined by USD 72 million in September 2024 compared to the preceding month, according to statistical updates from…
The Ministry of Economic Development and Trade on Monday highlighted Bank of Maldives’ (BML) acceptance of RuPay payment option a significant milestone.…
The Maldives and India have signed a USD 400 million and INR 30 billion currency swap agreement. The agreement was signed between…
The Maldives Inland Revenue Authority (MIRA) has recovered MVR 639 million in outstanding tax debt through strong enforcement actions during the last…