Business
President sets up company to build resorts and share profits with every Maldivian
President Dr Mohamed Muizzu has established a state-owned company to develop resorts and share their profits equally with every Maldivian. The company, named Dhiveheenge Resort Hissaa Corporation (DRHC), was created…
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Dhiraagu honours EliteClub partners, outlines plans for enhanced customer rewards
Dhiraagu has recognised the contributions of its EliteClub business partners during a special appreciation event, while outlining plans to further…
MIRA introduces new regulation allowing businesses to settle taxes using unpaid government and SOE payments
The Maldives Inland Revenue Authority (MIRA) has introduced a new regulation allowing businesses and individuals to settle outstanding tax liabilities…
Small businesses to receive five-year import duty relief under new government initiative
President Dr Mohamed Muizzu has announced a five-year exemption from import duties on raw materials used by micro, small and…
BML becomes official banking partner of Maldives Expo 2026
Bank of Maldives (BML) has signed an agreement to become the official Banking Partner of Maldives Expo 2026, strengthening its…
MWSC to begin first billing cycle in Addu and Fuvahmulah on October 22
Malé Water and Sewerage Company (MWSC) has assumed responsibility for water and sewerage services in Addu City and Fuvahmulah City…
MMA welcomes rollover of INR 30 billion swap facility during RBI talks
Maldives Monetary Authority (MMA) Governor Ahmed Munawar has held discussions with his Indian counterpart on advancing the integration of India's…