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MMA to scrap $500 forex option; requires 20% revenue conversion

Resorts would also be required to use Point of Sale (POS) terminals that route payments into accounts maintained with banks in the Maldives.

MMA to scrap $500 forex option; requires 20% revenue conversion

MMA to scrap $500 forex option; requires 20% revenue conversion

$2B in tourism revenue didn't enter Maldives banks in 2025: MMA

$2B in tourism revenue didn't enter Maldives banks in 2025: MMA

MTDC exploring new route for Maguhdhuvaa lease deal, source says

MTDC exploring new route for Maguhdhuvaa lease deal, source says

Nasheed calls for govt-MDP talks before hyperinflation

Nasheed calls for govt-MDP talks before hyperinflation

Committee sets 5-day deadline to complete council land bill

Committee sets 5-day deadline to complete council land bill

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Featured

Featured

Maldives seeks approval to join Saudi's maritime alliance

According to the Saudi Ministry of Defence, the alliance is intended for defence and is not directed against a particular country.

Investigation finds housing ministry fire wasn't arson: Ihusaan

Ihusaan said the police investigation had been completed with assistance from foreign experts and had found no evidence that anyone deliberately started it.

'Permission won't be granted for night protest on Majeedhee Magu'

The MDP is preparing to hold a protest in Malé on Thursday night under the slogan "Dhathi Vejje", or "Things Have Become Difficult".

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News

News

Raaghib set for court appointment despite proven misconduct

The JSC recently decided to select Raaghib as one of three candidates to fill vacancies on the Civil Court bench.

PG office launches ‘PGO 2.0’ to integrate AI, digitise services

Prosecutor General Abbas Shareef said the changes would improve the speed and accessibility of services provided by the office.

'Permission won't be granted for night protest on Majeedhee Magu'

The MDP is preparing to hold a protest in Malé on Thursday night under the slogan "Dhathi Vejje", or "Things Have Become Difficult".

Police seize MVR 121 million in drugs and alcohol in 7 months

More than 1,140 counter-narcotics operations were conducted across the Maldives between January and the end of July.

Committee sets 5-day deadline to complete council land bill

Keyodhoo MP Mohamed Niushad of the opposition Maldivian Democratic Party (MDP) proposed giving the committee until 30 September to complete its work.

Popular

Popular

US dollar rate hits MVR 22.10 in Maldives parallel market

Foreign exchange traders said the selling rate reached MVR 22.10 per dollar on Sunday, while the buying rate stood at MVR 21.85.

Maldives seeks foreign aid to locate 3 missing after boat sinking

MDP's 'Bodu Badhalu' proposes preferential voting for parliament

Maldives records 1,399 deaths last year, vital statistics show

No births recorded in Vaavu atoll last year, statistics show

Heavy rain forecast as southwest monsoon strengthens

Petition opposes bill giving cabinet power over council land

Business

Business

$2B in tourism revenue didn't enter Maldives banks in 2025: MMA

Statistics shared by the central bank with the media on Tuesday show that tourism businesses generated USD 5.7 billion in revenue last year.

MTDC exploring new route for Maguhdhuvaa lease deal, source says

According to information previously reported, MTDC had sought to sell the head lease for USD 1.5 million.

MMA to scrap $500 forex option; requires 20% revenue conversion

Resorts would also be required to use Point of Sale (POS) terminals that route payments into accounts maintained with banks in the Maldives.

Nasheed calls for govt-MDP talks before hyperinflation

Minister Saeed said on Monday that headlines published by some media outlets were contributing to daily increases in the dollar rate on the parallel market.

BML allocates average of $3 million monthly for medical needs

According to Saeed, BML allocated an average of USD 1 million per month for medical purposes last year.