Parliament Considers Hikes to Tourism-Related Taxes and Levies
The Parliament, on 16 October, accepted for consideration two bills seeking to increase the Tourism Goods and Services Tax (TGST),...
Immigration Watch Records 840 Cases in Three Months
Maldives Immigration has recorded 840 cases related to illegal immigrants through its ‘Immigration Watch’ platform. According to Immigration statistics, 840...
Government to Increase Import Levies on Cigarettes, Beedies
The import duty on cigarettes and beedies will be increased from MVR 3 to MVR 8 to discourage smoking across...
MACL and BUCG Ink MoU to Connect Funadhoo, VIA, Malé by Monorail
Maldives Airports Company Limited (MACL) has signed a memorandum of understanding (MoU) with China’s Beijing Urban Construction Group (BUCG) to...
Natural Capital Accounting Project to Roll Out Nationwide After Laamu Atoll Case Study: Environment Minister
A nationwide natural capital accounting process, under the Endheri (Black Coral) Project, will be implemented once the assessment of Laamu...
Maldives Appoints Centerview as Debt Adviser Amid Financial Worries
The government of Maldives has appointed Centerview Partners, a US-based firm, to assist the nation through its current financial crisis,...
Maldives, India to Form Core Group for ‘Vision Document’ Implementation
The Maldives and India will form a “High Level Core Group” with senior officials from both countries to implement the...
Muizzu Administration Sliding Towards Dictatorship: Ex-President Solih
The Mohamed Muizzu administration has ignored the will of the people and is heading towards a dictatorship, former President Ibrahim...
Government Reportedly Utilised ‘Significant’ Portion of SDF Funds
The Mohamed Muizzu administration has utilised a significant portion of deposits in the Sovereign Development Fund (SDF), local media sources...
Word Bank Concerned as Government Fails to Update Weekly Fiscal Developments
The World Bank has expressed concern over the Ministry of Finance’s failure to publish the state’s Weekly Fiscal Development reports....
