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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 expenditure hit MVR28.9bn, revenues at MVR21.1bn

    October 21, 2022

    Cumulative total of state expenditure hit MVR28.9 billion as of 13th October 2022, reports Ministry of Finance. Meanwhile, cumulative total of state…

    BUSINESS
    BUSINESS

    Kudagiri Picnic Island to open in November 2022

    October 19, 2022

    Ministry of National Planning, Housing and Infrastructure (MNPHI) is gearing to open Kudagiri Picnic Island for the public by the end of…

    PUBLIC SECTOR
    PUBLIC SECTOR

    More than MVR1B in tourism related revenues owed to state

    October 19, 2022

    Ministry of Finance has revealed state is owed more than one billion Rufiyaa in tourism-related taxes and fines including TGST and Green…

    FINANCE
    FINANCE

    Maldives economic update, outlook and risks

    October 17, 2022

    Maldives economy continued to recover strongly in 2022, driven by a rebound in tourism while poverty is expected to return to pre-pandemic…

    BUSINESS
    BUSINESS

    Maldives rate of inflation decelerated to 2.5% in July 2022

    October 17, 2022

    The rate of inflation, measured by the annual percentage change in the national CPI decelerated to 2.5% in July 2022, reports Maldives…

    FINANCE
    FINANCE

    Maldives real GDP grows by 19.3% in 2022 first quarter

    October 17, 2022

    Maldives Monetary Authority (MMA) confirms the country’s real GDP grew by 19.3% in Q1-2022. This growth was recorded following a 49.6% growth…

    BUSINESS
    BUSINESS

    Over 35,800 applications for social housing

    October 16, 2022

    More than 35,800 applications for housing have been received to Ministry of National Planning, Housing and Infrastructure (MNPHI). The applications for housing…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives President departs for Kaashidhoo for National Farmers’ Day activities

    October 16, 2022

    Maldives President, Ibrahim Mohamed Solih departs on Sunday, 16th October, for K. Kaashidhoo. The Maldivian head of state is traveling to the…

    FINANCE
    FINANCE

    2023 state budget will exceed MVR41bn

    October 13, 2022

    Minister of Finance Ibrahim Ameer confirms state budget for 2023 will exceed MVR 41 billion. The minister made the declaration during Thursday’s…

    BUSINESS
    BUSINESS

    Addu City council confirm issuing 298 land plots from Feydhoo

    October 12, 2022

    Addu City Council has revealed its decision to issue a total of 298 land plots from the city’s Feydhoo island; nearly a…

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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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