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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

    Maldives government propose MVR36.9bn as 2022 state budget

    November 2, 2021

    The proposed state budget by the Maldives government for the upcoming year of 2022 is MVR36,925.4 million (MVR36.9 billion). Furthermore, the state…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Ministry of Tourism announce 18 islands on bid for resort development

    October 27, 2021

    The Ministry of Tourism of Maldives has confirmed that the lease of 18 islands in 10 different atolls for the purpose of…

    BUSINESS
    BUSINESS

    Maldives AGO signs with AG of India to strengthen bilateral cooperation

    October 24, 2021

    The Auditor General’s Office of the Maldives and the Comptroller and Auditor General of India has signed on a Memorandum of Understanding…

    PUBLIC SECTOR
    PUBLIC SECTOR

    State expenses cross over MVR22.9bn, revenues bump to MVR15.2bn

    October 21, 2021

    As per the latest updates from the Ministry of Finance, the state expenditure has reached MVR22,915.9 million (MVR22.9 billion) as of 14th…

    FINANCE
    FINANCE

    Total revenues to state in August observe 32.6% decrement

    October 14, 2021

    According to the latest in the Monthly Fiscal Developments from Ministry of Finance, the total revenues to the state in the month…

    FINANCE
    FINANCE

    State expenditure reaches MVR22.6bn as of October first week

    October 14, 2021

    According to the Ministry of Finance, the cumulative total of state expenditure has reached MVR22,606.3 million (MVR22.6 billion) as of 07th October…

    FINANCE
    FINANCE

    State revenue observes 133.5% increment in September 2021

    October 13, 2021

    According to Maldives Inland Revenue Authority (MIRA) the state revenue collection hit MVR1,981.6 million (MVR1.98 billion) in September 2021. Moreover, as per…

    FINANCE
    FINANCE

    EU removes Maldives from ‘non-cooperative’ tax jurisdictions list

    October 7, 2021

    The European Union (EU) has removed the Maldives from the list of “non-cooperative” tax jurisdictions list, following significant improvements made by the…

    FINANCE
    FINANCE

    Maldives minimum wage set at MVR5,700

    October 6, 2021

    Following much deliberation and discourse, the Minimum Wage Board announced the final lowest wage that will be given to employees. As such,…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Japan extend grant aid to Maldives for Sea Ambulance provision

    October 5, 2021

    The Japanese government has extended a grant aid of 400 million Japanese Yen (approximately USD3 million) to the government of Maldives in…

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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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