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A digest of news and opinion from the Maldives.

Governance

MIRA collects a total revenue of MVR 989.7 million in September 2017

MIRA collects a total revenue of MVR 989.7 million in September 2017

1 min read

Maldives Inland Revenue Authority (MIRA) collected a total revenue of MVR 989.7 million form tax earnings in September 2017. This is a 10.4 percent lower collection compared to that of September 2016. However, this is also the second highest collection for the month of September in the history of MIRA. In 2016 September the total […]

Maldives tax receipts dip in September

Maldives tax receipts dip in September

1 min read

The Maldives tax authority has reported a 10 percent decline in revenue for September 2017 compared to the same period in 2016. The revenue statistics for last month, published on Wednesday by the Maldives Inland Revenue Authority, records a total revenue of MVR989 million (US$64 million). MIRA recorded MVR1 billion in monthly revenue for 2016, […]

Quarter of Maldives youth unemployed: World Bank

Quarter of Maldives youth unemployed: World Bank

3 min read

Nearly a quarter of Maldivian youth are not employed or engaged in education or training, according to the World Bank’s new South Asia Economic Focus report. The employment share of Maldivians in the booming tourism and construction industries – the main drivers of economic growth – is relatively low as both sectors attract many migrant […]

DERMALOG: Maldives Introduces Most Innovative ID Card

DERMALOG: Maldives Introduces Most Innovative ID Card

3 min read

Innovation in the Maldives The Maldives are known for their nice beaches and wonderful holiday resorts on many islands. Now the Maldives has also become a place of innovation. Maldives Immigration has just introduced a new, very innovative type of ID card: It can be used for payments, but also serves as a national ID […]

Audit flags US$22k ‘missing’ from ports company

Audit flags US$22k ‘missing’ from ports company

2 min read

A special audit of the Southern Transport Link has flagged more than MVR350,000 (US$22,700) that has gone missing from the subsidiary of the state-owned Maldives Ports Limited. According to the report made public Monday, the money was earned from ferry services, transporting cargo and renting vessels between December 21, 2015 and May 31, 2016 but […]

Hefty loans from everywhere: All payable?

Hefty loans from everywhere: All payable?

3 min read

The original Dhivehi article was published on Avas.mv website on 11th October 2017. The following is a loose translation: In contrast to neighbouring countries, Maldives economy is small. The income generating resources are also less. The entire economy is dependent on tourism. Therefore, in order to broaden the economy, the government started several initiatives. Likewise, […]

Abdullah Rasheed Mohamed with Maldives Correctional Service officers

Opposition accuses MCS of negligence in May Day protestor’s death

3 min read

Abdullah Rasheed Mohamed with Maldives Correctional Service officers — The opposition coalition on Tuesday accused the Maldives Correctional Service (MCS) of negligence and not providing the inmate who passed away on Monday with proper medical care. Abdullah Rasheed Mohamed, 51, passed away at the state-run Indira Gandhi Memorial Hospital (IGMH) in Male shortly after he […]

mpl

Over MVR350K state funds missing from STL: audit

2 min read

Maldives Ports Ltd (MPL) main building in capital Male. PHOTO/MIHAARU An audit report has revealed that over MVR 350,000 had gone missing from Southern Transport Link (STL), the company which provides transportation in the southern atolls of Addu and Fuvahmulah. According to the audit report which was released October 2, the missing funds should have […]

Fisheries Minister Ahmed Shainee speaks to press about all-party talks. PHOTO/MIHAARU

Echebaster Vessel Seeking MSC Certification Identified as IUU Fishing Violator by Maldives Ministry

1 min read

The Maldives Ministry of Fisheries and Agriculture conducted an assessment on the level of illegal fishing taking place in Maldivian waters based on Automatic Identification System (AIS) data that was collected through satellite service providers. Over a period of two years, a total of 432 fishing vessels were identified as engaging in “potentially illegal fishing […]