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

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

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