Local News

Dollar conversions with banks increase following new Foreign Exchange Law

The volume of US dollars converted into Maldivian Rufiya through banks has increased by 40 percent since the amendment to…

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Gov’t records MVR 2.1B budget surplus amid spending cuts

The state expenditure has seen a surplus of MVR 2.1 billion as of 17 April, following cost-saving measures. According to…

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Gov’t awards contracts to expand three atoll hospitals

Two government-owned companies have been awarded the contract to increase the space of three hospitals in the atolls to upgrade…

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President Muizzu optimistic about full PayPal services in Maldives

President Dr Mohamed Muizzu has expressed hope that the international payment system, PayPal’s full services will be available in the…

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1,290 new tourism beds set for launch this year, says minister

Minister of Tourism, Thoriq Ibrahim has stated that 1,290 new tourism beds are expected to be launched across the Maldives…

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Over 130,000 smuggled cigarettes seized at Gan Airport

The Maldives Customs Service has seized more than 130,000 cigarettes in an attempted smuggling operation at Gan International Airport. Customs…

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ACC and Police enter Agriculture Ministry over ongoing investigation

Officials from the Anti-Corruption Commission (ACC) and Maldives Police Service have entered the Ministry of Agriculture and Animal Welfare over…

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Civil Court orders freezing of Jaah Investment’s bank accounts

The Civil Court has ordered the seizure of funds in bank accounts held by Jaah Investment Pvt Ltd, the company…

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MIRA names tax non-compliant businesses

Maldives Inland Revenue Authority (MIRA) has announced the names of businesses that fave failed to pay Goods and Services Tax…

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President appoints member to CSC

President Dr Mohamed Muizzu has appointed Mohamed Mujthaz as a member of the Civil Service Commission, in accordance with theCivil…

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