Maldives, China Sign Currency Swap Agreement to Boost Trade
The Maldives and China have signed a memorandum of understanding (MoU) to exchange bilateral currencies, a move aimed at facilitating...
Documentary’s Truth Has PNC Leadership ‘Trembling’: Ex-President Yameen
Former President Abdulla Yameen Abdul Gayoom has said that leaders of President Mohamed Muizzu’s People’s National Congress (PNC) are “trembling”...
Maldives Amends Tax Rules to Mandate Dollar Payments for Foreign Currency Earners
The Maldives Inland Revenue Authority (MIRA) has announced amendments to the Income Tax Rules, requiring individuals and companies earning in...
MTA Warns of Growing Economic Crisis, Urges Government Action
The Maldives Trade Association (MTA) raised concerns on Thursday over the deepening economic challenges facing the country, warning that the...
Launch of Bunkering Services Pushed Back for Sixth Time
The State Trading Organization (STO) announced that it will begin offshore bunkering services by the end of the month. When...
NCD Alliance Calls for Ban on Vaping and E-Cigarettes in Maldives
The NCD Alliance has called for an immediate ban on vaping and electronic cigarettes in the Maldives, citing a sharp...
Government Falls Back on Fiscal Reform Talking Points Amid Moody’s Ratings Downgrade
The Ministry of Finance once again reverted to talking points on fiscal reforms, despite Moody’s downgrading the Maldives’ credit rating...
MDP Slams Muizzu Administration Over Legal Threats Against Media
The opposition Maldivian Democratic Party (MDP) has condemned the government for threatening legal action against local news website Adhadhu, calling...
Fayyaz Condemns Government’s ‘Attack on Free Press’
Opposition leader and Maldivian Democratic Party (MDP) Chairperson Fayyaz Ismail has condemned what he described as the government’s efforts to...
MMA Reassures on Debt Repayment After Moody’s Downgrade
The Maldives Monetary Authority (MMA) has issued a statement following Moody’s downgrade of the country’s credit rating to CAA-2, assuring...