A digest of news and opinion from the Maldives.
Treasury building which houses the Ministry of Finance and Treasury in capital Male. The Maldives recorded a total state revenue of MVR 12.8 billion by the end of July this year, while government expenditure has reached MVR 10.7 billion. Statistics published by the Ministry of Finance and Treasury show that the revenue sans expenditure stands […]
A Customs officer checks a cargo of imported goods. PHOTO/CUSTOMS Revenue from import duty increased by 14 percent in the month of August, announced Maldives Customs Service. Customs’ official statistics show that the Maldives imported goods worth MVR 3.1 billion last month, compared to the MVR 2.8 billion recorded last year August. The Maldives imported […]
The Maldives Inland Revenue Authority has published Ruling G42 on 7 September 2017 which amends Section 11 of the Goods and Services Tax Regulation. The amended Section 11 requires persons who are already registered for Tourism GST to register for General GST if they have a taxable activity in that sector regardless of whether they […]
Statistics published by Maldives Monetary Authority (MMA) have revealed that revenue generated from fish exports during June month totaled to $10.5 Million. The “Economic Review” by MMA, the Central Bank of Maldives stated that the quantity of fish exports also increased to 5.8 metric tons in June month, which is a massive increase compared to […]
Aerial shot of the China-Maldives Friendship Bridge being developed between Male and Hulhule. PHOTO/ HOUSING MINISTER TWITTER The landmark bridge being developed between capital Male and airport island Hulhule is “designed to be safe in stormy weather”, proclaimed Minister of Housing and Infrastructure Dr Mohamed Muizzu as he hit back at speculations raising doubt over […]
Since the Presidential elections of 2013, our country’s situation is just going backwards. From a new wave of democracy, we are going back to dictatorship. But one thing which Maldives has never witnessed until now was the economic crises. And the PPM Government took it upon themselves to make us feel like living in a […]
The pledge in the government manifesto to guarantee fuel for all has been fulfilled, says Minister of Fisheries and Agriculture, Dr. Mohamed Shainee. Ruling Progressive Party of Maldives (PPM) pledges in its manifesto to launch efforts to find fuel in the Maldives region. It was also pledged to build at least four fuel bunkers in […]
Maldivian, the national airline of Maldives has stated that they are extending their routes to Hangzhou city of China. Hangzhou is the capital of Zhejiang Province of China which is among one of the most popular vacation spots located in South-East China. This city is known for its beautiful landscapes and is one among the […]
20 automated parking systems are planned to be enacted across various points in Male’ while today’s system proved successful in its test run. | Photo: Housing Ministry The first ever automated motorbike and moped parking system installed in Maldives has been tested on Thursday. The system is located at Heenaamaage, behind Velanage office complex. Housing […]