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Government unveils MVR 59.7 billion budget focused on fiscal stability and development
The government has proposed a state budget of MVR 59.7 billion for 2027, a reduction of MVR 4.5 billion compared to the current year, as it seeks to control expenditure,…
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BML to facilitate overseas payments for small businesses starting November
Bank of Maldives (BML) has announced that preparations have been finalised to allow Maldivian micro, small and medium enterprises (MSMEs)…
Indian Navy concludes joint maritime exercises with Maldives Coast Guard, strengthening defence ties
The Indian Navy's First Training Squadron has successfully concluded a series of joint military training activities with the Maldives National…
Maldivian cuisine takes centre stage as Chef Maha Naseer wins prestigious award
Maldivian chef Maha Naseer has received international recognition after winning the Top Outstanding Master Chef Award of Maldives Cuisine at…
Major fire at Funadhoo petrol shed spreads to homes and garages, residents evacuated
A major fire broke out at a petrol shed in Sh. Funadhoo on Sunday morning, spreading to nearby residential properties…
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…
President announces US dollar payment gateway for small businesses from November 1
Maldivian entrepreneurs and small businesses selling goods and services internationally will be able to receive payments in US dollars through…