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A digest of news and opinion from the Maldives.

2021

Institute of Chartered Accountants of the Maldives Opens for Membership Applications

Institute of Chartered Accountants of the Maldives Opens for Membership Applications

2 min read

The Institute of Chartered Accountants of the Maldives (CA Maldives), the professional accounting body established in the Maldives to develop and regulate accountancy profession is now accepting applications for its membership as an associate and fellow members. To apply for Associate Membership of CA Maldives, the individual shall be a member in good standing of […]

President Assigns Chief Communications Strategist as Head of Communications Office

President Assigns Chief Communications Strategist as Head of Communications Office

1 min read

President Ibrahim Mohamed Solih has assigned Ibrahim Hood, the Chief Communications Strategist, to head the Communications Office at the President’s Office. Following the change, Hood will oversee all the responsibilities of the Communications Office. The move follows Hassan Ismail’s resignation as the Secretary, Communications, at the President’s Office. Hassan Ismail tendered his resignation from the […]

CA Maldives Holds Career Guidance Sessions for O’Level and A’Level Graduates

CA Maldives Holds Career Guidance Sessions for O’Level and A’Level Graduates

1 min read

With the intention of providing O’Level and A’Level graduates, the opportunities and guidance in pursuing a career in the accounting profession, the Institute of Chartered Accountants of the Maldives (CA Maldives) is holding special career guidance webinars. During these sessions, opportunities that exist in the private and public sectors of accounting in the Maldives will […]

Isdhoo Harbour is 50% Complete: MTCC

Isdhoo Harbour is 50% Complete: MTCC

2 min read

Maldives Transports and Contracting Company (MTCC) reports that work on Design and Build of L. Isdhoo Harbour is underway, with an overall 50 per cent project progress. The state-run company also informs that dredging works for the project have been completed, along with the installation of precast concrete blocks required for quay wall construction currently […]

Be Attentive to Upcoming Tax Deadlines: MIRA

Be Attentive to Upcoming Tax Deadlines: MIRA

1 min read

Maldives Inland Revenue Authorities (MIRA) advises caution to upcoming tax deadlines for taxpayers in the midst of rising COVID-19 positive cases. MIRA mentions that the last week of this January contains numerous tax-related deadlines including paying GST and Income tax. January 28, 2021, is the last day to sort out and pay the GST of […]

Ooredoo Meet: Video Conference Solution for Remote Workers.

Ooredoo Meet: Video Conference Solution for Remote Workers.

1 min read

One of the hardest lessons learned from the COVID-19 pandemic is how vulnerable businesses can be to external factors. Adapting ourselves to the new normal meant a lot of companies having employees work from home by collaborating online. Ooredoo Conferencing, powered by StartMeeting, is the only conferencing solution in the Maldives that provides a complete […]

Over 80,000 Applications Received via BML Internet Banking in the Past 9 Months

Over 80,000 Applications Received via BML Internet Banking in the Past 9 Months

1 min read

Bank of Maldives introduced a range of services through its online banking platform to support customers during the Covid-19 pandemic. From March to December 2020, the Bank received over 80,000 applications via internet banking for additional account opening, debit and credit cards, loans and requests to update personal information. This is an increase of 33% […]

Statutory Audit License Training Organized by Chartered Accountants of the Maldives

Statutory Audit License Training Organized by Chartered Accountants of the Maldives

2 min read

Institute of Chartered Accountants of the Maldives (CA Maldives) has organized its first training “International Standards on Auditing and SMP Toolkit” in partnership with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for individuals and firms interested in applying for statutory audit license. The training was given to a total of 72 […]

New Rules Agreed to Save Threatened Maldives’ Grouper Stocks

New Rules Agreed to Save Threatened Maldives’ Grouper Stocks

5 min read

The Maldives has introduced new measures to curb the decline of wild grouper, a coral reef fish vital for reef health. The new measures include revised minimum size limits for the most highly valued grouper species, based on evidence collected by the Maldives Marine Research Institute (MMRI), formerly Marine Research Centre and Blue Marine Foundation […]