Muizzu’s Top Tourism Advisor Joins Growing Opposition to Foreign Exchange Regulation
A senior advisor to President Dr Mohamed Muizzu has joined the expanding chorus of protests against the Maldives Monetary Authority’s...
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...
MDP Calls for Withdrawal of Media Bill, Citing Threat to Press Freedom
The opposition Maldivian Democratic Party (MDP) has called on the government to withdraw the proposed Maldives Media and Broadcasting Commission...
National Budget 2025: SOE Salaries Should Be on Par With Civil Servants, says MMA Governor
The Governor of the Maldives Monetary Authority (MMA), Ahmed Munawar, has said that salaries of employees at state-owned enterprises (SOEs)...
Maldivian Man Found Dead in Bengaluru Hotel
A 43-year-old Maldivian man, Hassan Shuhail, was found dead in a hotel room in Bengaluru, India, on Wednesday. According to...
Police Considering Criminal Charges Over BML ‘Financial Coup’
The Police will consider how to proceed with the criminal investigation into the Bank of Maldives (BML) after reviewing documents...
Over 50 Resorts Reject New Foreign Currency Rule, Demand Government Action
More than 50 resorts are refusing to comply with a controversial new foreign currency regulation, sending formal objections to the...
Proposed Commission Seeks to ‘Bury’ Press Freedom: MDP
The opposition Maldivian Democratic Party (MDP) has expressed concerned over a bill proposed to Parliament seeking the abolition of the...
Tourism Mogul Mohamed Moosa Urges Suspension of Foreign Currency Rule
Mohamed Moosa, one of the most influential business figures in the Maldives and a pioneer in the nation’s tourism sector,...
State Revenue for October Lower Than Last Year, Higher Than Projected
The Maldives Inland Revenue Authority (MIRA) collected MVR 1.73 billion last October, statistics show. While 14.2 percent lower than over...
