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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
    BUSINESS
    BUSINESS

    Largest hackathon with USD10k prize pool kicks off

    September 4, 2023

    “Maldives Ocean Hackathon” kicks off with a prize pool of USD 10,000. This is the largest hackathon to be hosted in the…

    FINANCE
    FINANCE

    MVR 10.6 mn transactions through ‘Favara’ in two days

    August 30, 2023

    Maldives Monetary Authority (MMA) has reported that the transactions conducted through the Maldives Instant Payment System ‘Favara’ amounted to over MVR 10…

    FINANCE
    FINANCE

    Maldives VP stresses importance of housing finance banks

    August 29, 2023

    Maldives Vice President Faisal Naseem highlighted the importance of establishing housing finance banks in the island nation. VP Naseem said this while…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives President envisions 5 million annual tourists

    August 29, 2023

    Maldives President Ibrahim Mohamed Solih shared his vision to attract three million annual tourists in the next five-year period. While President Solih…

    FINANCE
    FINANCE

    State expenditures at MVR 27.7bn, revenues at MVR21.3bn

    August 28, 2023

    The cumulative total of state expenditures reached MVR 27.7 billion as of August 17, 2023, reports the Ministry of Finance. According to…

    BUSINESS
    BUSINESS

    MMA launches Maldives Instant Payment System; “Favara”

    August 27, 2023

    Maldives Monetary Authority (MMA) launches the instant payment system ‘Favara’ on August 26, Saturday. The new instant payment system was launched by…

    BUSINESS
    BUSINESS

    Visa Exemption for Maldivians traveling to Kyrgyz Republic

    August 20, 2023

    Effective from August 20, Maldivians traveling to Kyrgyz Republic will be exempted from visa for a 30-day stay. The Ministry of Foreign…

    BUSINESS
    BUSINESS

    Maldives signs visa exemption agreement with Mongolia

    August 20, 2023

    The governments of Maldives and Mongolia have signed a Visa Exemption Agreement. The agreement will allow Maldivians to travel to Mongolia on…

    BUSINESS
    BUSINESS

    MPL and Maldives Hajj Corporation partners for Employee Pilgrimage Scheme

    August 20, 2023

    Maldives Ports Limited (MPL) has partnered up with Maldives Hajj Corporation to launch the “Muazzafunge Scheme” (Employees’ Scheme). The memorandum of undersrtanding…

    FINANCE
    FINANCE

    State expenditure at MVR 26.9bn, revenues at MVR 21.0bn

    August 19, 2023

    The cumulative total of state expenditure reached MVR 26.9 billion as of August 10, reports Ministry of Finance. State’s revenues inclusive of…

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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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