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    Minister Claims Central Bank Must Answer Black Market Currency Exchange Surge

    November 4, 2026

    Giraavarufalhu Land Reclamation 69% Complete

    November 4, 2026

    Maldives Gas Brings Temporary Reduces Refueling Quantity to Address Import Issues

    November 4, 2026
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      Minister Claims Central Bank Must Answer Black Market Currency Exchange Surge

      November 4, 2026

      Giraavarufalhu Land Reclamation 69% Complete

      November 4, 2026

      Maldives Gas Brings Temporary Reduces Refueling Quantity to Address Import Issues

      November 4, 2026

      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
    • BUSINESS

      Minister Claims Central Bank Must Answer Black Market Currency Exchange Surge

      November 4, 2026

      Maldives Gas Brings Temporary Reduces Refueling Quantity to Address Import Issues

      November 4, 2026

      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
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    Maldives Business TimesMaldives Business Times
    FINANCE
    FINANCE

    State deficit inflates to MVR3.6bn, expenditure hit MVR15.3bn

    June 15, 2022

    The latest update from Ministry of Finance reveals state has spent a cumulative total of MVR15,307.4 million (MVR15.3 billion) so far in…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Housing Ministry to open land issuance application in late-June

    June 15, 2022

    Minister of National Planning, Housing and Infrastructure Mr. Mohamed Aslam confirms his respective ministry’s decision to announce application for land plot issuance…

    FINANCE
    FINANCE

    Japan extends grant aid for Human Resource Development Scholarship project

    June 14, 2022

    The government of Japan has provided a grant aid of JPY117,000,000 (MVR13,389,210) towards implementation of the human resource development scholarship project. The…

    BUSINESS
    BUSINESS

    Funaddu fisheries facility to be operational in 2023

    June 14, 2022

    The Minister of Fisheries, Marine Resources and Agriculture Dr. Hussain Rasheed Hassan recently told Maldives Parliament that the fishing facility in Thaa…

    BUSINESS
    BUSINESS

    State earns MVR1.28bn of revenue in May 2022

    June 12, 2022

    Maldives Inland Revenue Authority (MIRA) revealed that the state earned a total of MVR1.28 billion of revenue in May 2022. Out of…

    PUBLIC SECTOR
    PUBLIC SECTOR

    President assures Maldives’ economy’s prospering health

    June 9, 2022

    Maldives President Ibrahim Mohamed Solih on Wednesday assured on the country’s prospering economy. While noting that the country’s nominal Gross Domestic Product…

    FINANCE
    FINANCE

    Poverty Rate of Maldives drop by 7%

    June 6, 2022

    According to World Bank’s latest Maldives Development Update, the island nation’s poverty rate dropped by 7% in 2021. The country’s account deficit…

    FINANCE
    FINANCE

    Finance Minister denies rumors over reserve depletion

    June 6, 2022

    The Maldives Minister of Finance Mr. Ibrahim Ameer has denied the rumors surrounding the depletion of the country’s reserves. Recently, Maldives Parliament…

    PUBLIC SECTOR
    PUBLIC SECTOR

    State reserve expect drop to critical levels, says Speaker

    June 5, 2022

    The Speaker of Maldives Parliament Mr. Mohamed Nasheed has warned on state reserve’s expected drop to critical levels by July 2022. Nasheed’s…

    FINANCE
    FINANCE

    State expenditure hit MVR14.0bn, deficit at MVR2.9bn

    June 2, 2022

    According to the latest update from Ministry of Finance, the cumulative total of state expenditure has reached MVR14,047.3 million (MVR14.0 billion) as…

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    Government

    Giraavarufalhu Land Reclamation 69% Complete

    November 4, 2026

    Land reclamation project in Giraavarufalhu has reached 69% completion according to latest updates. The island…

    Maldives Gas Brings Temporary Reduces Refueling Quantity to Address Import Issues

    November 4, 2026

    Tax Revenue Jumps 9.8%, State Revenue at MVR 33.3 Billion

    November 2, 2026
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