Justice Closing in on Medical Mafia: Joint Investigation Launched Into COVID-19 PCR Fraud by Dr. Ali Latheef, Ibrahim Saleem & Dr. Milza
In a significant move against alleged corruption within the healthcare sector, the Prosecutor General's Office has directed the Anti-Corruption Commission (ACC) and the Maldives Police Service to launch a joint…
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Recent News
STELCO celebrates engineers as backbone of its operations on National Engineers’ Day
State Electric Company Limited (STELCO) has recognised its engineers for their contribution to the company's operations and the country's development as part of its National Engineers' Day celebrations. A special…
Ameenee Magu Segment 1 enters final stretch as MTCC begins ABC laying
The Maldives Transport and Contracting Company (MTCC) has commenced Aggregate Base Course (ABC) laying on Segment 1 of Ameenee Magu, marking another major milestone in the ongoing road rehabilitation project.…
Police bust alleged illegal dollar network, six expatriates detained over MVR 54 million, USD 1.6 million
Six expatriates have been detained in a major crackdown on illegal foreign currency trading after authorities traced more than MVR 54.4 million and USD 1.62 million through their bank accounts…
President Muizzu’s Cabinet takes first step towards oil and gas exploration
The Maldives has officially begun work towards establishing a dedicated legal framework for the exploration and extraction of oil, gas, minerals and other non-living natural resources within the country's maritime…
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…
President ratifies Fisheries Act amendments with tougher penalties for protected species
President Dr Mohamed Muizzu has ratified amendments to the Fisheries Act, introducing tougher penalties for catching and exporting protected species while giving the government greater flexibility to permit additional types…
President calls 40 percent resort conversion requirement a national responsibility
President Dr Mohamed Muizzu has defended the government's decision to require Category A tourism establishments to convert 40 percent of their monthly foreign currency revenue, saying studies conducted before the…
New foreign currency rules take effect September 1 with tougher penalties for black market trading
New foreign currency rules will come into force on September 1, introducing revised dollar conversion requirements for tourism and other businesses while imposing significantly tougher penalties for selling foreign currency…
Maldives doubles withholding tax on foreign contractors to 10 percent
President Dr Mohamed Muizzu has ratified amendments to the Income Tax Act increasing the withholding tax imposed on payments to non-resident contractors carrying out construction projects in the Maldives from…
President ratifies new law governing leases of uninhabited islands and lagoons
President Dr Mohamed Muizzu has ratified legislation establishing a new framework for the allocation and leasing of uninhabited islands and standalone lagoons in the Maldives, including revised rental rates based…
Maldives introduces 20-year vehicle age limit under new Land Transport Act
President Dr Mohamed Muizzu has ratified the Maldives' new Land Transport Act, introducing a comprehensive legal framework governing vehicles, drivers, public transport and road safety across the country. The legislation…
Tax enforcement strengthened as President ratifies amendments to MIRA framework
President Dr Mohamed Muizzu has ratified amendments to the Tax Administration Act, introducing changes to the powers of the Maldives Inland Revenue Authority (MIRA) and strengthening penalties for a range…
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…
AutoSphere expands EV lineup with new shipment of BYD vehicles
AutoSphere by The Hawks is expanding its electric vehicle lineup with a new shipment of BYD models, as demand for EVs continues to grow among customers in the Maldives. Electric…
President Muizzu appoints Jameela Ali Khalid as Maldives ambassador to UK
President Dr Mohamed Muizzu has appointed experienced diplomat Jameela Ali Khalid as the Maldives' new Ambassador to the United Kingdom. The appointment was formally made during a special ceremony held…
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