A digest of news and opinion from the Maldives.
Revenue collected by Maldives Inland Revenue Authority (MIRA) has increased by 6.8% from expected figures. The government tax authority confirms that the state collected MVR 15.1 billion at the end of 2017, which is a 4.8% increase compared to the revenue collected in 2016, which was MVR 14.5 billion. This has been registered as a […]
An illegal fishing vessel has been intercepted in Maldivian waters with 200 tons of tuna. The foreign vessel was intercepted around 11pm Thursday about 76 nautical miles off Hirilandhoo island in Thaa atoll, the Maldives National Defence Coast Guard said in a statement. The vessel, “Chotpattanna 55”, was flying a Somali flag and had a […]
A police officer making an arrest — The Ministry of Home Affairs on Thursday began enacting the new policy of appointing lawyers to individuals being arrested for terrorism allegations. According to the new policy created under the anti-terrorism act, the accused has to be informed of his right to appoint a lawyer when the Miranda rights are […]
Housing Minister Dr Mohamed Miuzzu has told apartment owners in social housing schemes they cannot rent out their flats. “Flats will be taken away from owners of social housing scheme flats if they’re giving the flats for rent against the agreement,” he tweeted on Monday night after Mihaaru published a report questioning the merit of people […]
The new members appointed to MMA’s Board of Directors (L-R): Ihsan, Idhuham and Janah. Former director of Maldives Association of Construction Industries (MACI) Mohamed Ali Janah and former captain of Maldives National Defence Force (MNDF) Ali Ihusan were appointed as board members of Maldives Monetary Authority (MMA) on Sunday. Ali Ihusan had been filling the post […]
Maldives Monetary Authority (MMA) announced that they will be conducting a survey on the payment system in Maldives. The survey will aim to identify the problems that arise during payment transactions and to find the best ways to decrease the use of physical money in order to facilitate even easier transactions. According to a press release by […]
Cargo unloaded at Male Commercial Harbour. PHOTO/MIHAARU Official statistics show that this year’s state revenue slightly exceeded government expenditures by the end of November. According to the finance ministry, the state raked in MVR 18.2 billion as income and free aid while expenditure stood at MVR 18.01 billion. Statistics also show a surplus of MVR […]
Maldives Inland Revenue Authority (MIRA) has advised foreign parties conducting business in the Maldives to register with the entity. In a circular issued by MIRA, it was stated that it has been brought to the organization’s concern that some foreign parties that are liable to register with MIRA under the Maldivian tax laws, have been […]
The Asian Football Confederation has penalized the governing body of the sport in the Maldives. The Football Association of Maldives (FAM) was fined USD 1,500, after the national team delayed their return to the pitch after half-time, in the Asian Cup qualifier against Palestine. Palestine crushed the Maldives with an 8-1 win. The AFC also […]