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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MWSC Launches $13 Million Bond for Investors to Fund Development Projects
State utility provider Malé Water and Sewerage Company Private Limited (MWSC) has listed a $26 million bond on the Maldives…
BML and American Express Celebrate 20 Years of Partnership
The Bank of Maldives (BML) and American Express commemorated 20 years of their exclusive partnership at a celebratory event, reflecting…
Reefside Introduces CITIZEN PROMASTER’s 35th Anniversary Collection
Reefside has unveiled CITIZEN’s 35th Anniversary PROMASTER Series, showcasing nine newly released models, including three limited-edition timepieces. This milestone collection…
Bank of Maldives Names Sahar Waheed as Deputy CEO
The Bank of Maldives (BML) has announced the appointment of Sahar Waheed as its new Deputy CEO and Chief Operations…
MPL Unveils Plans for Cruise Terminals in Four Strategic Locations
Maldives Ports Limited (MPL) has announced ambitious plans to develop cruise terminals at four key locations across the Maldives, a…
Government Strengthens Ties with Local Councils, Earns Their Trust
The relationship between the government and local councils has significantly improved, with councils expressing greater trust and cooperation, according to…