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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

    MIRA commences ‘Fansa-aahi’ Campaign

    April 11, 2023

    The Maldives Inland Revenue Authority (MIRA), earlier on 22nd March 2023 announced the commencement of a special campaign. Titled ‘Fansa-aahi’, the campaign…

    LIFSTYLE
    LIFSTYLE

    STO to extend help to health sector; signs to deliver multiple ambulances

    April 11, 2023

    The State Trading Organization (STO) has signed with the Ministry of Health to procure and deliver a total of 20 ambulances to…

    FINANCE
    FINANCE

    State revenues at MVR2.19bn, drops by 1.2% in March 2023

    April 11, 2023

    The Maldives government collected a total revenue of MVR2.19 billion in March 2023, reported the Maldives Inland Revenue Authority (MIRA). According to…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Govt spends 60% budget allocation on Aasandha in Q1-2023

    April 10, 2023

    The Maldives government has already utilized 60% of the budget allocated for Aasandha for the fiscal year 2023. Aasandha is the state-initiated…

    FINANCE
    FINANCE

    State revenues and grants increase 117% in February 2023

    April 10, 2023

    The state revenues and grants for February 2023 is MVR4,081.6 million (MVR4.2 billion), a 117.0% percent rise compared to the same month…

    FINANCE
    FINANCE

    State expenditures hit MVR11.1bn, revenues at MVR8.5bn

    April 6, 2023

    The state expenditures in cumulative terms reached MVR11,085.2 million (MVR11.1 billion) as of 30th March 2023. On the other hand, the state…

    FINANCE
    FINANCE

    Expenses at MVR9.9bn, revenues at MVR7.6bn

    April 4, 2023

    State expenditures reach MVR9.9 billion, revenues inclusive of grants hit MVR7.6 billion; in cumulative terms. The overall balance for the period is…

    BUSINESS
    BUSINESS

    Illegal chemical storehouse discovered in Male’ City

    April 4, 2023

    A case of an illegal chemical warehouse operated in a local Male’ City residence has attracted authority attention. The chemical storage unit…

    PUBLIC SECTOR
    PUBLIC SECTOR

    New parking zones in Male’ City outermost road

    April 4, 2023

    New vehicle parking zones have been drawn in the asphalt-laid portions of the outermost road in Male’ City. This is the first…

    PUBLIC SECTOR
    PUBLIC SECTOR

    RDC awarded MVR102mn project in Ihavandhoo

    April 4, 2023

    The Maldives government has contracted the Road Development Corporation (RDC) for an MVR102 million road construction project in HA. Ihavandhoo. The Ministry…

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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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