BML announces value ceiling for cheques
Malé, Maldives - Bank of Maldives (BML) has announced that they will accept cheques up to MVR 50,000 from April 2023 onward. In an announcement, BML stated that this was… Continued
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Private beach to be allocated for Hulhumalé guesthouses
Malé, Maldives - Housing Development Corporation (HDC) has announced that they will designate a private beach for guesthouses in Hulhumalé. HDC said in a statement that it has decided to… Continued
Must explore & adopt green construction options: VP Faisal
Malé, Maldives - Vice President Faisal Naseem stated on Wednesday that the most significant contribution the construction sector can make in the fight against climate change is exploring and adopting… Continued
Parliament passes Tax Hike bill
Malé, Maldives - Parliament votes to go ahead with government’s proposal to increase GST and TGST. The government had proposed to increase GST and TGST from January next year. Amendment… Continued
Tax Hike vote delayed, Pro-Gov’t MP’s criticize Speaker
Malé, Maldives - Parliament session has been concluded without taking the vote on government’s proposal to increase GST and TGST for the second consecutive day. The government has proposed to… Continued
AFCONS to be slapped with MVR 69 Million fine!
Malé, Maldives - Maldives Environmental Protection Agency (EPA) has revealed that Indian company AFCONS Infrastructure , the contractor for Thila-Male’ Bridge will be fined by MVR 69 million for the… Continued
200 fishing vessels to be equipped with Refrigerated Seawater Systems & solar power systems
Malé, Maldives - Ministry of Fisheries, Marine Resources and Agriculture has launched a program to provide financial assistance to install Refrigerated Seawater Systems (RSW) and solar power systems on 200… Continued
Parliament session cut short without taking Tax Hike Bill vote
Malé, Maldives - Todays session of Parliament has been concluded without taking the vote on government's proposal to increase GST and TGST. The government has proposed to increase GST and… Continued
MMA issues new banknotes with Maldivian Rufiyaa symbol
Malé, Maldives - Central bank of Maldives, Maldives Monetary Authority has issued the new MVR 50 notes with the Maldivian rufiyaa symbol printed on both sides of the banknote. The… Continued
Senior MDP MP calls to stop tax hike
Malé, Maldives - MP for West Henveyru constituency, Hassan Latheef has called on President Ibrahim Mohammed Solih to stop the tax increase from next year. The government has proposed to… Continued
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