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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

    State generates MVR1.86b, 13.2% increase in April 2023

    May 22, 2023

    The Maldives government generated a total income of MVR1.86 billion in April 2023, reported the Maldives Inland Revenue Authority (MIRA). According to…

    BUSINESS
    BUSINESS

    State expenditure at MVR16.5b, revenues at MVR12.3b

    May 21, 2023

    The cumulative total of state expenditure has reached MVR 16.5 billion as of 11th May 2023, reports the Ministry of Finance. According…

    BUSINESS
    BUSINESS

    Physical works of Addu land reclamation to begin in June

    May 18, 2023

    Addu City Council on Monday, 15th May, announced that the physical works for the city’s mega-scale land reclamation project will begin in…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives signs USD40 M agreement with Saudi Arabia

    May 16, 2023

    The Maldives government has signed a USD40 million (MVR614 million) agreement with Saudi Arabia on establishing a small-to-medium (SME) impact fund. The…

    BUSINESS
    BUSINESS

    Solar power projects in 20 islands

    May 15, 2023

    Maldives government has announced installation of 20MWp solar PV systems in 20 inhabited islands in the Maldives under Public-Private Partnership model. The…

    FINANCE
    FINANCE

    Maldives nominal GDP to exceed MVR100Bn

    May 15, 2023

    The Maldives nominal Gross Domestic Product (GDP) is expected to exceed MVR100 billion for the first time ever, said the Minister of…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives signs key agreements with Serbia

    May 10, 2023

    The Maldives government has signed key agreements with Serbian government. The agreements signed between the two countries include; Agreement on Trade, Investment,…

    LIFSTYLE
    LIFSTYLE

    Chemotherapy services begin in Thinadhoo

    May 9, 2023

    Dr. Abdul Samad Memorial Hospital in Gaafu Dhaalu Thinadhoo has introduced chemotherapy services on Sunday, May 07. Chemotherapy services in the hospital…

    FINANCE
    FINANCE

    Total revenue to state observe 33% increase in February

    May 8, 2023

    The total revenue (excluding grants) observed an increase of MVR605.6 million, a 33% increment, in February 2023 when compared with the same…

    FINANCE
    FINANCE

    Govt generates MVR7.33Bn revenue in Q1-2023

    May 8, 2023

    The Maldives government has generated a quarterly total of MVR7.33 billion in Q1-2023, according to Maldives Inland Revenue Authority (MIRA). MIRA reported…

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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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