companies
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Local News
New regulations limit tourist vessel agents to 100 percent Maldivian-owned companies
Regulations have been changed such that only 100 percent Maldivian owned companies can act as agents for tourist vessels. The…
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Local News
Six companies express interest in Uligan Marina Project
Six companies have shown interest in the Uligan Marina Project to be implemented in Haa Alif Uligan. The update was…
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Local News
Amendments to Companies Act paves way for ‘mass termination’ of board members: MP Nazil
The Maldivian Democratic Party (MDP)’s Parliamentary Group Leader and Hithadhoo South MP, Ibrahim Nazil, has accused the government of attempting…
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Local News
Maldives gov’t to liquidate two state-owned companies to cut costs
The Maldivian government has decided to liquidate two state-owned companies that have spent a combined total of MVR 42 million…
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Local News
Gov’t-owned companies directed to implement cost-cutting measures
The Privatization and Corporatization Board (PCB) has instructed government-owned companies to implement a number of measures to cut costs. In…
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Local News
Cabinet to enforce dollar-based tax payments for dollar-earning companies
The Cabinet has decided to amend the existing laws to require companies earning income in US dollars to pay income…
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Local News
36 companies express interest in providing helicopter services
A total of 36 companies have expressed interest in providing helicopter services in the Maldives. On August 5, the Transport…
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Business
Econ Ministry publicizes rules on formation of council companies
Regulations have been made to facilitate the formation of companies by local councils. On Thursday, the Ministry of Economic Development…
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