MMA Proposes Forex Bill; Critics Highlight Shift in President’s Stance
The Maldives Monetary Authority (MMA) has proposed a foreign exchange bill to Parliament, proposing concessions to its controversial rules mandating...
New Exchange Regulations: Registration Portal Goes Live as MMA, Government Face Tourism Industry Pressure
The Maldives Monetary Authority (MMA) has initiated the process for tourist facilities to register with the authority, following the newly...
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...