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BML and Visit Maldives Partner to Transform Tourist Payments with Swipe
The Bank of Maldives has positioned its homegrown digital wallet, Swipe, at the center of the country’s tourism payments ecosystem after securing a landmark partnership with Visit Maldives. The agreement…
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Maldives Targets Resort Tax Evasion with Tough New Measures
In response to concerns over tax evasion within tourism sector, the Maldives Inland Revenue Authority (MIRA) has unveiled a comprehensive…
President Muizzu’s Economic Strategy Pays Off – Reserves Surge Under New Law!
The Maldives Monetary Authority (MMA) reports that by the end of January, resorts have exchanged over $50 million through local…
Healthcare Leaders Unite to Tackle Medication Shortages in Maldives
In response to public concerns over difficulties in accessing essential medications, key healthcare stakeholders in the Maldives have announced collaborative…
President Proposes Salary Cuts for Government Officials in Bid to Reduce National Debt
In a move to address national budget deficits and reduce public spending, President Dr. Mohamed Muizzu has submitted a proposal…
President Muizzu Announces Increase in Foreign Exchange Limit for Umrah Pilgrims
President Mohamed Muizzu has announced a significant move to ease the financial process for Maldivian pilgrims traveling for Umrah during…
Maldives Speaker Heads to India: Strengthening Parliamentary Ties
The Speaker of the People's Majlis, Abdur-Raheem Abdullah, has departed for India today on an official visit. This marks his…