Foreign
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Local News
MIFCO appoints first foreign CEO and MD
The Maldives Industrial Fisheries Company (MIFCO) has appointed its first foreign CEO and Managing Director, Dr. Vitaliy Lyubimov. MIFCO made…
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Local News
Gov’t to secure MVR 6.6bln from foreign banks for budget support
The government has planned to obtain MVR 6.6 billion for next year’s national budget from foreign commercial banks. The government…
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Local News
Foreign currency deposits in Maldivian banks decline
Foreign currency deposits to Maldivian banks have declined. According to the World Bank’s Maldives Development Update released this month, foreign…
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Local News
MMA opens registration for tourism businesses under new foreign exchange regulations
The central bank, Maldives Monetary Authority (MMA) has opened for registration for tourism businesses in compliance with the new foreign…
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Local News
Over 7,500 foreign worker employers suspended from expat system
The Homeland Security has suspended over 7,500 foreign worker employers for failing to pay employee-related permit fees and penalties. The…
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Local News
Immigration targets foreign worker accommodations in Maleβ
The Maldives Immigration has launched a special operation in Maleβ area aimed at identifying illegal immigrants and inspecting their unsafe…
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Local News
New Foreign Investment Act aims to boost Maldives economy, says Econ Minister
Economic Minister Mohamed Saeed has stated that the government is focused on attracting new foreign investments to significantly boost the…
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Local News
Foreign beauticians deported for visa violations
Two well-known foreign beauticians operating salons in the Maldives have been deported for visa violations. Rajani Shrestha (Riz) of Riz…
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Local News
Criminal Justice Advisor Muhuthaz Muhsin appointed as State Minister of Foreign Affairs
President Dr. Mohamed Muizzu’s Criminal Justice Advisor Muhuthaz Muhsin has been reassigned to the post of State Minister of Foreign…
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