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…
Trade between the Maldives and China will increase to USD 1 billion per annum with the implementation of the Free Trade Agreement…
The Maldives government, via the Maldives Inland Revenue Authority (MIRA), collected a revenue of MVR 1.98 billion for the month of August…
President Dr. Mohamed Muizzu has urged for an immediate stop on the over-priced sale of medicine for illicit profiteering. He has urged…
The latest amendments to the Foreign Investment Act is poised to expand the role of foreign investments to the Maldives, boosting and…
The Maldives cabinet is expected to discuss on the merger of six state-owned enterprises; one of the most important economic sustainability initiatives…
Maldives President Dr. Mohamed Muizzu has affirmed that Maldivians will witness sustainable development in the medium and long term, supported by a…