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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

    Govt seeks consultancy firm for Hulhumale’ 400-unit housing project

    March 9, 2023

    The Maldives government announced seeking consultancy services for the design and supervision of the 400 housing units at Hulhumale’. The initiative titled…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Govt announces 35% pay bump for High Education sector admin staff

    March 7, 2023

    The new pay framework for the higher education sector will see salary increments between 14% and 99%, while administrative staff will receive…

    FINANCE
    FINANCE

    State revenue increase by 23% in December 2022

    March 5, 2023

    The government revenues and grants increased by 23% in December 2022 compared to the same month in 2021, reported the Ministry of…

    BUSINESS
    BUSINESS

    Food prices increase by 7% in 2023

    March 4, 2023

    The rate of inflation, as a percentage of the national Consumer Price Index (CPI), increased by 7% on all food items in…

    PUBLIC SECTOR
    PUBLIC SECTOR

    State to integrate digital signatures into GEMS

    March 4, 2023

    The Maldives government is gearing up to test digital signatures by the end of March 2023, said the Ministry of Environment, Climate…

    FINANCE
    FINANCE

    Government expenditure at MVR 5.49bn, revenues at MVR4.75bn

    March 4, 2023

    The cumulative total of state expenditure reached MVR5.49 billion as of 23rd February 2023, according to the Ministry of Finance. On the…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Advance booking option scrapped; Kudagiri now follows first-come-first-serve

    February 28, 2023

    The Housing Development Corporation (HDC) announced that visitors will no longer be required to make advance bookings to visit the Kudagiri Picnic…

    FINANCE
    FINANCE

    State spends MVR494 million in loan repayment

    February 26, 2023

    The Maldives government has spent MVR494.4 million in loan repayment as of 16th February 2023, according to the Ministry of Finance. The…

    BUSINESS
    BUSINESS

    Maldives government announces Income Tax exempt list

    February 18, 2023

    The Ministry of Finance announced a list of companies exempt from paying income taxes. The companies, all Indian-based, are contractors of various…

    FINANCE
    FINANCE

    Maldives govt spends 90% of compensation budget

    February 18, 2023

    The Maldives government has spent 90% of the compensation budget allocated from the 2023 state budget. According to the Ministry of Finance,…

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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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