Maldives Collects Over MVR 1 Billion in Airport Taxes, Fees
The Maldives has collected more than MVR 1 billion in airport taxes and fees so far this year, driven by...
STO Bunkering Venture Generates MVR 124 Million Since Launch
The State Trading Organization (STO) has generated MVR 124 million in revenue from its bunkering operations since the service was...
Maldives Records 8.1% Growth in Tourist Arrivals
Tourist arrivals to the Maldives have surpassed 900,000 so far this year, marking an 8.1% increase compared with the same...
Moody’s Retains Caa2 Rating for Maldives Citing Debt Repayment Risks
Moody’s Ratings has warned that the Maldives continues to face “heightened external liquidity risks”, despite a modest improvement in foreign...
Maldives Signs $9 Billion Deal With MBS Global to Set Up International Financial Centre
The Maldives on Sunday signed a joint venture agreement and memorandum of understanding (MoU) with Dubai-based MBS Global Investments to...
Nurain Janah Named Young Global Leader by World Economic Forum
Businesswoman and philanthropist Ayesha Nurain Janah has been named a Young Global Leader by the World Economic Forum, joining the...
US Levies 10% Tariff on All Imports, Including Maldivian Goods
The United States has imposed a 10% tariff on all imports, including goods from the Maldives, under President Donald Trump’s...
Muizzu Confident New Forex Regulations Will Soften USD Exchange Rate
President Mohamed Muizzu on Thursday expressed confidence that the new foreign exchange regulations would stabilise the currency market and ease...
Maldives Sees 7% Rise in Tourist Arrivals
The number of tourists visiting the Maldives has increased by 7 percent compared to the same period last year, with...
China FTA Not to Blame for Import Duty Revenue Decline: Minister Saeed
Economic Minister Mohamed Saeed said on Saturday that the decline in import duty revenue this year is not linked to...
