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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 Parliament approves tax hike for 2023

    November 16, 2022

    Maldives Parliament on Wednesday, 16th November passed the bill proposing hike in GST. In a bid to boost state earnings, Ministry of…

    PUBLIC SECTOR
    PUBLIC SECTOR

    MTCC completes Hulhumale’ Halfway House

    November 14, 2022

    A ceremony was held on Sunday, 13th November to inaugurate the completion of new blocks of Hulhumale’ Halfway House. Maldives Transport and…

    FINANCE
    FINANCE

    Revenues and grants decrease by 32.2% in September 2022

    November 14, 2022

    Revenues and grants for September 2022 stood at MVR1.58 billion, which is a 32.2% decrement when compared with the same month in…

    FINANCE
    FINANCE

    Government require MVR30.5bn for four-year debt repayment

    November 14, 2022

    Auditor General’s Office (AGO) confirms Maldives government required MVR30.5 billion to repay state debt in the next four years. AGO said their…

    FINANCE
    FINANCE

    State revenue observe 24.6% increment in October 2022

    November 13, 2022

    State collected a monthly revenue total of MVR1.25 billion in October 2022, according to Maldives Inland Revenue Authority (MIRA). MIRA reported an…

    FINANCE
    FINANCE

    State expenditure MVR3bn shy from hitting budgetary total

    November 13, 2022

    According to Ministry of Finance, state expenditure in cumulative terms reached MVR30.8 billion as of 27th October 2022. With this government spending…

    FINANCE
    FINANCE

    Reserve money observe drop, broad money

    November 13, 2022

    Maldives Monetary Authority (MMA) confirms reserve money observed an annual decline of 7% by the end of September 2022. This increment comes…

    FINANCE
    FINANCE

    Minting more money will impact exchange rate; MMA

    November 12, 2022

    Maldives Monetary Authority (MMA) confirmed option to mint MVR4.4 billion to meet 2023 budgetary expenses. Recommendations provided by Maldives central bank on…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives Ex-Pres says debt restructuring to pay for climate crisis

    November 9, 2022

    The former Maldives President, and current Parliament Speaker Mohamed Nasheed said debt restructuring will help pay for climate crisis. While speaking to…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives VP arrives in Egypt for UN Climate Change Conference

    November 6, 2022

    Maldives Vice President Faisal Naseem has arrived on Saturday, 05th November, Sharm El-Sheikh, Egypt for the 2022 United Nations Climate Change Conference.…

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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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