President Muizzu assures resorts can pay loans, salaries despite 40% FX rule
President Dr. Mohamed Muizzu has assured resort operators that the new requirement to convert 40 percent of monthly gross sales through the domestic banking system will not affect salaries, loan…
Headlines
The World’s Window on Maldives
President ratifies GST changes targeting foreign tour operators and booking platforms
President Dr Mohamed Muizzu has ratified amendments to the Goods and Services Tax Act that will bring foreign tour operators, travel agents and offshore booking platforms selling Maldives tourism products…
World News
India eyes new era of drone warfare as US interceptor technology enters local production
US-origin counter-drone technology is entering India’s defence manufacturing ecosystem as the Indian military accelerates efforts to acquire systems capable of…
Porsche turns to India’s TCS in $1.5 billion AI push
German luxury carmaker Porsche is deepening its reliance on Indian technology expertise through a five-year, $1.5 billion partnership with Tata…
India moves closer to $7.3 billion German submarine deal
India is moving closer to approving a long-delayed $7.3 billion programme to build six advanced conventional submarines with Germany, as…
No bullets, no lasers: India’s new anti-drone system fights with sound
Indian scientists have developed an acoustic counter-drone system capable of destabilising unauthorised drones using targeted sound waves, potentially giving India…
Police urge public to report illegal dollar traders ASAP
The Maldives Police Service has urged the public to report individuals and businesses conducting unauthorized foreign currency exchange as authorities intensify efforts to curb the country's dollar black market. In…
