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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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    Maldives Business TimesMaldives Business Times
    FINANCE
    FINANCE

    Expenditures at MVR 32.1 B, deficit at MVR 8.2 B

    September 27, 2023

    The cumulative total of state expenditure reached MVR 32.1 billion as of September 21, 2023. The cumulative total of state revenues, inclusive…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Social housing for long-serving tourism industry workers

    September 27, 2023

    Maldives President Ibrahim Mohamed Solih has pledged 300 housing flats for individuals employed in the tourism industry for over 15 years. State…

    BUSINESS
    BUSINESS

    MNPHI publishes UTF land-use plan

    September 26, 2023

    The Ministry of National Planning, Housing and Infrastructure (MNPHI) has publicized the land-use plan for Uthuru Thila Falhu (UTF). The plan illustrates…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Hulhumale’ Phase 3 land reclamation commences

    September 25, 2023

    Land reclamation for Hulhumale’ Phase 3 officially commenced earlier on September 22, Friday. Urbanco, which manages Hulhumale’, confirmed reclamation of 63 hectares…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Govt announces new social housing initiative

    September 24, 2023

    Ministry of National Planning, Housing and Infrastructure (MNPHI) has announced a new social housing initiative. The initiative consists of issuing 4,500 new…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives signs visa waiver with Guyana

    September 24, 2023

    The government of Maldives has signed a Memorandum of Understanding on Political Consultation and a Visa Waiver Agreement with the government of…

    FINANCE
    FINANCE

    Govt collects YTD MVR 15bn in taxes

    September 18, 2023

    According to the Maldives Inland Revenue Authority (MIRA), the state collected MVR 15 billion in taxes in the first 8 months of…

    FINANCE
    FINANCE

    Expenditures hit MVR30.8bn, revenues sluggish at MVR 22.9bn

    September 17, 2023

    The year-to-date total of state expenditure reached MVR 30.8 billion as of September 07, reported the Ministry of Finance. According to the…

    BUSINESS
    BUSINESS

    BCC unveil second phase of SME Hub

    September 6, 2023

    Ministry of Economic Development with its partner Business Center Corporation (BCC) has officially inaugurated the second phase of the Small and Medium…

    FINANCE
    FINANCE

    GST year-to-date total reaches MVR 8.5bn

    September 5, 2023

    The cumulative total of Goods and Services Tax (GST) as of August 24, reached MVR 8.5 billion. From the total GST collection,…

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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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