Maldives
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Maldives President decides introducing India’s “Unified Payment Interface”
Maldives President Dr. Mohamed Muizzu on Sunday has made the decision to introduce India’s “Unified Payment Interface” (UPI) in the…
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Maldives announces sale of MVR 4 billion in T-bills to manage cashflow
The Maldivian government has announced the sale of over MVR 4 billion in T-bills as it seeks to manage its…
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EOI submission open for developing luxury hotels in Urban Isle tourism zone
The Housing Development Corporation (HDC) has opened Expressions of Interest (EOI) for the development and operation of three luxury hotels…
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Masterplan announced for application of AI for economic benefit in Maldives
President Dr. Mohamed Muizzu, at the recommendation of his cabinet, has announced the formulation of a masterplan, in accordance with…
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President decides to ban import and use of vape in the Maldives
Maldives President Dr. Mohamed Muizzu, on Monday, has decided to ban the import and use of vape in the Maldives.…
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Maldivian Ambassador to India to be changed
The government has decided to change the Maldivian Ambassador to India. The post is currently held by Ibrahim Shaheeb. The…
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Amendment seeks to double Green Tax, increase TGST and airport taxes
Maldives government has submitted a bill to the parliament seeking to double Green Tax, levied on tourists, and increase Tourism…
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Maldives State Earns MVR 2.30 Billion, Up 93.1 Percent: MIRA
Maldives state has earned a revenue of MVR 2.30 billion in September 2024, which is a 93.1 percent increment compared…
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Maldives’ Latest Move to Attract Indian Tourists: Easier Payments
Maldives is now supporting payments through cards running on RuPay, India’s card payment network. The decision was announced this week…
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World Bank concerned over Maldives’ ‘limited progress’ in urgently needed fiscal reforms
The World Bank said on Thursday that the Maldives has made limited progress in implementing the fiscal reform plan proposed…
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