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6 expats detained as police probe MVR 54M, $1.6M in transactions

According to police, those detained include four Bangladeshi nationals and two Indian nationals. They are currently in the custody of Maldives Immigration.

6 expats detained as police probe MVR 54M, $1.6M in transactions

6 expats detained as police probe MVR 54M, $1.6M in transactions

Shifaz appointed MDP deputy chairperson for financial affairs

Shifaz appointed MDP deputy chairperson for financial affairs

MDP threatens direct action until president resigns

MDP threatens direct action until president resigns

President says he interacts with media every week

President says he interacts with media every week

Maldives to begin work on oil, gas and mineral exploration

Maldives to begin work on oil, gas and mineral exploration

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Featured

President says dollar salaries of resort employees must continue

The Tourism Employees Association of Maldives (TEAM) subsequently launched a petition opposing any move to end dollar salary payments.

40% dollar conversion won't cause difficulty for resorts: Pres

He also said foreign currency was being traded in the parallel market at rates above the official exchange rate because dollars remained outside the system.

Pres warns resort owners: Few can't enrich at public’s expense

The amendments require resorts to convert 40 per cent of their monthly foreign currency revenue through local banks.

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News

News

Shifaz appointed MDP deputy chairperson for financial affairs

The position became vacant following the resignation of former MP Ahmed Abdulla.

MDP threatens direct action until president resigns

The decision was made through a resolution proposed by the MDP leadership and approved by the party’s National Council on Monday night.

6 expats detained as police probe MVR 54M, $1.6M in transactions

According to police, those detained include four Bangladeshi nationals and two Indian nationals. They are currently in the custody of Maldives Immigration.

President says he interacts with media every week

Muizzu repeatedly asked the journalist to restrict questions to the legislation ratified on Monday.

Protesters enter Foakaidhoo Fenaka after 14 employees dismissed

Demonstrators initially gathered outside the Fenaka office on Sunday night before returning on Monday afternoon.

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Popular

9-year-old in critical condition after Hulhumalé road accident

The accident occurred near Vinares Tower 7 and involved a motorcycle and cars, according to information released by the Maldives Police Service.

Fayyaz says ‘2 teams’ remain committed to delivering ‘Bodu Badhal

40% dollar conversion rule could bankrupt businesses: Nasheed

Resort workers launch petition against ending dollar salaries

Foreign travel agents launch petition over Maldives GST amendment

Child injured in crash transferred to IGMH, placed on ventilator

Intoxicated man arrested for hijacking car, causing accidents

Business

Business

Maldives to begin work on oil, gas and mineral exploration

As part of the decision, the government will also draft legislation governing the exploration and extraction of oil, gas and minerals.

Pres warns resort owners: Few can't enrich at public’s expense

The amendments require resorts to convert 40 per cent of their monthly foreign currency revenue through local banks.

40% dollar conversion won't cause difficulty for resorts: Pres

He also said foreign currency was being traded in the parallel market at rates above the official exchange rate because dollars remained outside the system.

GST rules for overseas tourism platforms to take effect in Oct

The amendment was published in the Government Gazette following a ratification ceremony at the President's Office and has entered into force.

President ratifies prison terms and higher fines for tax offences

Under the amended law, the penalty has been changed to imprisonment ranging from three months to two years.