Atoll Times

Advertisement

MDP calls for dollar rate to fall to MVR 19 in 10 days

The official exchange rate remains MVR 15.42 per US dollar, while the rate in the parallel market has risen above MVR 22 in recent days.

MDP calls for dollar rate to fall to MVR 19 in 10 days

MDP calls for dollar rate to fall to MVR 19 in 10 days

Forex bill removing $500 per tourist option set for 1-day review

Forex bill removing $500 per tourist option set for 1-day review

Parliament extends session by a week to complete pending bills

Parliament extends session by a week to complete pending bills

Bill seeks to empower MMA to establish national payment switch

Bill seeks to empower MMA to establish national payment switch

Council appeals ruling in Fenaka electricity agreement case

Council appeals ruling in Fenaka electricity agreement case

Advertisement

Featured

Featured

ADB approves $50 million emergency loan for Maldives fuel imports

The ADB financing follows assistance provided by the World Bank in May, when USD 40 million was reallocated from existing projects to support fuel imports.

Govt will raise fuel limits if caps affect fishing trips: Shiyam

Government has maintained fuel subsidies for the fisheries sector despite an increase in international fuel prices linked to the conflict in the Middle East.

Nasheed warns of hyperinflation as food prices, ferry fares rise

Nasheed rejected claims that concerns over rising prices were based on rumours or speculation, saying the changes could be seen in the prices paid by consumers.

Advertisement

News

News

Parliament extends session by a week to complete pending bills

Among them is an amendment to the Decentralisation Act that would give the government powers to reclaim land and property from local councils.

Mathiveri council introduces entry fees for Mathiveri Finolhu

Guesthouses on Mathiveri also offer excursions to the sandbank as part of their tourism activities.

Govt will raise fuel limits if caps affect fishing trips: Shiyam

Government has maintained fuel subsidies for the fisheries sector despite an increase in international fuel prices linked to the conflict in the Middle East.

Third sentenced to 25 years for drug trafficking in 2 months

In addition to the prison sentence, the court ordered Faariq to pay a fine of MVR 100,000.

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.

Popular

Popular

Council terminates 2 agreements, hands over Malé market land

The Council approved the transfer on the condition that the project is completed within 30 months and the facility is handed back to the Council.

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

Heavy rain forecast as southwest monsoon strengthens

Council land bill sent to committee after 30-minute debate

59-year-old sentenced to 25 years for diamorphine trafficking

Committee closes meeting over ‘misrepresented’ reports

Maldives seeks approval to join Saudi's maritime alliance

Business

Business

Nasheed warns of hyperinflation as food prices, ferry fares rise

Nasheed rejected claims that concerns over rising prices were based on rumours or speculation, saying the changes could be seen in the prices paid by consumers.

Forex bill removing $500 per tourist option set for 1-day review

Under the existing law, resorts can either convert $500 for each tourist arrival recorded during the month or convert 20 per cent of their revenue.

MDP calls for dollar rate to fall to MVR 19 in 10 days

The official exchange rate remains MVR 15.42 per US dollar, while the rate in the parallel market has risen above MVR 22 in recent days.

Bill seeks to empower MMA to establish national payment switch

MMA would be authorised to designate a system within the National Payment System to operate as the National Payment Switch.

Govt submits bill to end $500-per-tourist forex option

If the bill is passed, resorts will be required to convert 20 per cent of their total monthly foreign currency revenue.