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Committee approves restricting news of unauthorised dollar rates

Where the information is published by a company or registered business, the proposed fines range from MVR 100,000 to MVR 5 million.

Committee approves restricting news of unauthorised dollar rates

Committee approves restricting news of unauthorised dollar rates

Selling dollars above MMA limits could attract MVR 1 million fine

Selling dollars above MMA limits could attract MVR 1 million fine

Maldives denies reports of consulates in Addu and Bangalore

Maldives denies reports of consulates in Addu and Bangalore

Cabinet limits foreign workers to 1 SIM card each

Cabinet limits foreign workers to 1 SIM card each

5 killed in Dhigurah fire weren't registered to site: Ministry

5 killed in Dhigurah fire weren't registered to site: Ministry

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Featured

Featured

Cabinet approves plan to reduce Maldivian airfares for tourists

At present, Maldivian charges foreign tourists higher fares than those available to Maldivian citizens on a number of domestic routes.

Petition supporting land bill surpasses signatures with staff

The rule change was approved by parliament earlier this week, after which the petition supporting the bill was formally launched.

AI will speed up case processing without compromising data: PG

According to Abbas, one of the areas expected to benefit most from the transition is the preparation of cases for court submission.

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News

News

Hinnavaru council to charge fee for residency transfers

Hinnavaru, which has a population of more than 5,000 people, will begin charging an administrative fee of MVR 2,000 for residency transfers starting next month.

AI will speed up case processing without compromising data: PG

According to Abbas, one of the areas expected to benefit most from the transition is the preparation of cases for court submission.

Maldives denies reports of consulates in Addu and Bangalore

The ministry said information circulating on some media platforms and social media regarding the proposed consulates was inaccurate.

Hajj Corporation raises Ramadan Umrah package prices

Firuzul said Umrah package prices vary from year to year and are influenced by accommodation costs in Saudi Arabia.

Cabinet limits foreign workers to 1 SIM card each

Authorities have previously reported cases in which such numbers were used in scams and other unlawful activities.

Popular

Popular

Maldives signs $50 million ADB loan to support fuel imports

Ministry said the increase in global fuel prices has been linked to ongoing conflicts in the Middle East, resulting in additional pressure on public finance.

Hope fades as MNDF concludes search across Huvadhu channel

Rising state debt, money supply add pressure to forex market

Bill proposes raising non-resident contractor tax rate to 10%

Yameen calls for suspension of Thilamalé Bridge, Rasmalé projects

Falah urges opposition to back tax hike on foreign contractors

Ayada owes $3.4 million in unpaid rent amid lease sale dispute

Business

Business

Selling dollars above MMA limits could attract MVR 1 million fine

The committee also approved provisions making it an offence to advertise or promote foreign currency transactions conducted at rates above official rates.

Committee approves restricting news of unauthorised dollar rates

Where the information is published by a company or registered business, the proposed fines range from MVR 100,000 to MVR 5 million.

Cabinet approves plan to reduce Maldivian airfares for tourists

At present, Maldivian charges foreign tourists higher fares than those available to Maldivian citizens on a number of domestic routes.

Forex bill referred back to committee for further review

The bill seeks to remove the option allowing resorts to exchange a fixed amount of US$500 per tourist and instead require all resorts to exchange 20 per cent.

Govt launches MVR 600 million fund for redundant SOE employees

Zareer said the fund, named Kumevi, has been established under SME Development Finance Corporation (SME Digital).