Business
Maldives moves to patch GST loophole for foreign tour operators and booking platforms
The government has moved to close a major loophole in the Maldives' tourism tax system that allows parts of transactions conducted through foreign tour operators and international online booking platforms…
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The Silent Session: Parliament and MATI’s Concealed Currency Bill Discussions
The Public Accounts Committee of Parliament convened on Wednesday to review the Foreign Currency Bill, with the meeting being closed…
STO Initiates Plans to Stabilize Prices Ahead of Ramadan
The State Trading Organization (STO) has begun its preparations to manage commodity prices and ensure the availability of essential goods…
STO Introduces Advanced Asthma and COPD Treatment Options in Maldives
The State Trading Organization (STO), in collaboration with AstraZeneca, has introduced two groundbreaking respiratory healthcare products in the Maldives —…
MIFCO Appoints Ukrainian Expert as First Foreign CEO
For the first time in its history, the Maldives Industrial Fisheries Company Ltd. (MIFCO) has appointed a foreign national as…
Banking Convenience Boosted in Dhidhdhoo with MIB Expansion
Maldives Islamic Bank (MIB) has officially inaugurated a new service centre in Haa Alifu Dhidhdhoo, marking another milestone in the…
Velana International Airport Welcomes 5% More Flights in 2024
Velana International Airport (VIA), the Maldives' primary gateway for international travel, recorded a 5% rise in flight movements as of…