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Local News
High Court halts Civil Court order for MVR 1.8 mln compensation
The High Court has stayed the enforcement of a Civil Court order to pay MVR 1.8 million in compensation to…
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Local News
Maldives aims to attract 4 mln tourists, boost tourism revenue to $7bln
The Maldives aims to increase the number of annual tourists visiting the country to four million, and boost tourism revenue…
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Local News
Maldives’ official reserves rise to $444 mln by end of August
The Maldives’ official reserves have increased to $444 million by the end of August. According to data from the Maldives…
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Local News
Maldives records $72 mln in remittances for 2023
A total of US$72 million (approximately MVR 1.1 billion) was sent abroad as remittances from the Maldives last year. According…
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Local News
Damage caused by heavy rains exceeds MVR one mln: NDMA
The National Disaster Management Authority (NDMA) has said that the damage caused by last month’s heavy rains in the Maldives…
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Local News
Maldives’ official reserves drop by over $100 mln in July
The Maldives’ official reserves has seen a significant decline in July. According to the central bank, Maldives Monetary Authority (MMA)’s…
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Local News
FENAKA ordered to settle MVR 5 mln debt to private company within 30 days
FENAKA Corporation has been ordered to pay MVR 5 million to a private company, B. Eydhafushi Cable Shop, within thirty…
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Local News
Maldives welcomes over 1.3 mln tourists
The number of tourists visiting the Maldives thus far this year has crossed 1.3 million. According to the Tourism Ministry,…
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Local News
MIRA collects MVR 66 mln in Zakat-al-Mal
The national tax agency, Maldives Inland Revenue Authority (MIRA) has collected MVR 66 million as Zakat-al-Mal by July this year.…
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Local News
2022 audit reveals Island Aviation owes almost MVR 1 mln to EC
The Auditor General has revealed that Island Aviation owes approximately MVR 1 million to the Elections Commission (EC), according to…
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