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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

    Revenue Breakdown; as of 17th November 2022

    November 24, 2022

    State’s cumulative tax revenue has reached MVR16,953.0 million (MVR16.95 billion) as of 17th November 2022. On the other hand, cumulative non-tax revenue…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Algeria and Dutch ambassadors present credentials to President

    November 23, 2022

    The Non-Resident Ambassador of Algeria to Maldives, Mr. Abderrahmane Bengurrah and the Ambassador of Netherlands to Maldives Ms. Bonnie Horbach have presented…

    FINANCE
    FINANCE

    State expenditure hit MVR32.2b, revenue at MVR23.7b

    November 23, 2022

    State expenditure has reached MVR32,231.0 million (MVR32.2 billion) as of 17th November 2022. The approved expenditure for the fiscal year is MVR34,101.8…

    FINANCE
    FINANCE

    Maldives President ratifies 6th amendment bill to GST Act

    November 23, 2022

    Maldives President Ibrahim Mohamed Solih on Tuesday, 22nd November, ratified the sixth amendment bill to the Goods and Services Tax (GST) Act…

    BUSINESS
    BUSINESS

    Indian entrepreneurs in talks with Maldives to strengthen commercial ties

    November 22, 2022

    A delegation from the Coastal Mechanized Sail Vessel Association from India is in talks with the Maldivian government, to strengthen commercial ties…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Sri Lankan High Commissioner pays courtesy call to Maldives VP

    November 21, 2022

    The High Commissioner of Sri Lanka to the Maldives Adam Maznavee Jaufer Sadiq paid a courtesy call on Monday, 21st November, to…

    BUSINESS
    BUSINESS

    New VIA passenger terminal will complete in 2023; Finance Minister

    November 19, 2022

    Minister of Finance Ibrahim Ameer affirms development project of the new Velana International Airport (VIA) passenger terminal will be completed in 2023.…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Parliament committee approves MVR6.4m for Arabiyya School revamp

    November 19, 2022

    Budget Committee of Maldives Parliament has approved MVR6.4 million in the 2023 state budget towards the development of Arabiyya School. The rundown…

    PUBLIC SECTOR
    PUBLIC SECTOR

    RDC confirms redevelopment of prominent Male’ City road enters second segment

    November 17, 2022

    Road Development Corporation (RDC) Managing Director Ustad Moosa Ali Manik confirms development of Male’ City Ameenee Magu, one of the city’s prominent…

    FINANCE
    FINANCE

    Govt expenditure hit MVR31.8bn, revenues at MVR22.9bn

    November 17, 2022

    The cumulative total of state expenditure has hit MVR31,819.1 million (MVR31.8 billion) as of 10th November, which is just MVR2.3 billion shy…

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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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