Universal Enterprises Raises Concerns Over New Foreign Exchange Rules in Letter to MMA
Universal Enterprises Pvt Ltd, one of the Maldives’ largest hospitality companies, has formally voiced its opposition to the Maldives Monetary...
Maldives Sliding Towards Authoritarianism, Ex-President Solih Warns
Former President Ibrahim Mohamed Solih has warned that the Maldives is heading towards a “terrible dictatorship,” citing the government’s efforts...
Parliament Confirms Abdul Haseeb Ismail’s Appointment to Elections Commission
The People’s Majlis approved the appointment of Abdul Haseeb Ismail to the Elections Commission on Tuesday, endorsing him with a...
Muizzu’s Underwater Tunnel Dream Stalls as Minister Admits Technology ‘Not There Yet’
President Mohamed Muizzu’s ambitious proposal to connect Malé with the under-development Ras Malé city via an underwater tunnel may have...
MDP Slams Proposed Amendment Granting Presidential Control Over Key Commissions
The Maldivian Democratic Party (MDP) has denounced a proposed amendment that would grant the President authority to appoint the chairpersons...
President Muizzu Announces Salary Cuts for Political Appointees and SOE Staff
President Dr Mohamed Muizzu has announced plans to reduce salaries for political appointees and employees of government-owned companies as part...
Malaysia Rejects Call for Vaping Ban Following Maldives’ Decision
Malaysia does not need to impose a vaping ban like the Maldives, as the country already has robust regulations to...
MATI Slams MMA for Ignoring Concerns in New Foreign Exchange Regulations
The Maldives Association of Tourism Industry (MATI) has criticised the Maldives Monetary Authority (MMA) for implementing amendments to the Foreign...
Fayyaz Voices Concerns Over New Foreign Exchange Regulations for Tourism Industry
Fayyaz Ismail, the opposition leader and chairperson of the Maldivian Democratic Party (MDP), has expressed concerns about the government’s newly...
Maldives Prioritises Exchange Reforms, Mandates Fixed USD Exchange for Tourists
The Maldives Monetary Authority (MMA) on Tuesday gazetted new regulations requiring tourism establishments to exchange foreign currency at fixed amounts...
