SOEs Behind on Dividend Payments, Fines and Taxes Owed to State
State-owned enterprises (SOEs) have paid out only MVR 246 million in dividends owed to the state from their profits last...
Council Salaries Set to Increase: Minister Umar
Salaries of Council Members and administrative staff is set to increase, Minister of Cities, Local Government and Public Works Adam...
Growth in Key Sectors Up as Fisheries Sector Declines in Q1 2024
The Maldives’ key industries, with the exception of the fisheries sector, grew in the first quarter (Q1) of 2024, the...
Inflation for Q1 2024 Down Over Q1 2023
The price of goods and services fell sharply in the first quarter (Q1) of 2024 compared to the same period...
Spike in Salary Spend and Operating Expenses Inflates Recurrent Expenditure by 4.5%
The state’s recurrent expenditure increased more than 4.5 percent this year compared to 2023, figures from the Ministry of Finance...
Bundled Constitutional Amendments Part of Legislative Agenda: AG Usham
Attorney General (AG) Ahmed Usham said on Thursday that the administration aims to, after public consultations, submit a comprehensive bill...
Government Considering Amendments to Israeli Passport Ban Bill
Attorney General (AG) Ahmed Usham said on Thursday that a blanket ban on Israeli passports warrants additional consideration. Replying to...
MIFCO Operations Compromised Due to Poor Finances: Minister Shiyam
Maldives Industrial Fisheries Company (MIFCO) is not in a financially viable position to resume purchasing yellowfin tuna catches from fishers,...
Outstanding Treasury Loans Exceed MVR 3.7 Billion, Says Report
The Auditor General’s Office has said that the number of defaulters on Treasury loans is increasing year on year. The...
Maldives Increases Annual Aid Contribution to Palestine 10-Fold
The Maldives will increase its annual contribution to Palestine to US$50,000 this year, Minister of Foreign Affairs Moosa Zameer said...