Black market dollar sellers could face MVR 1 million fines under new law
Individuals caught buying or selling US dollars and other foreign currencies outside the official exchange rate could face fines of up to MVR 1 million under amendments to the Foreign…
Headlines
The World’s Window on Maldives
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…
World News
Sri Lanka tops the world in positive views of India, Pew survey finds
Sri Lanka has emerged as the country with the most favourable view of India, while Pakistan sits at the opposite…
Man shot dead in Colombo, police hunt suspects
A close relative of Sri Lankan underworld figure Kanjipani Imran has been shot dead in Maligawatte, Colombo, in the latest…
India’s Kusha missile clears key test in drive to cut reliance on foreign systems
India successfully conducted the Kusha long-range surface-to-air missile’s maiden flight test on July 23 from APJ Abdul Kalam Island off…
Saudi Arabia, Türkiye and Pakistan form new mutual defence alliance
Saudi Arabia, Türkiye and Pakistan have signed a landmark mutual defence agreement, committing the three countries to treat an armed…
STO launches ‘Salhiey Makita’ promotion with MVR 50,000 grand prize
State Trading Organization (STO) Construction Solutions has launched its annual "Salhiey Makita" promotion, offering customers the chance to win an MVR 50,000 grand prize alongside weekly rewards and discounts of…
