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India probes smuggling of Maldives sugar in Sri Lanka

According to the reports, the DGFT has suspended sugar exports to the Maldives while investigating the matter.

Maldives, India ink pact for local currency trade

The MoU comes weeks after MMA entered into a bilateral currency swap agreement with the Reserve Bank of India.

Ask foreign banks to invest $500m annually, Yameen tells govt

Yameen concluded by urging the government to adopt measures that align with the realities of the economy.

Committee passes 2025 budget; requires projects submission

The approved budget, with these added conditions, will now move forward for debate and ratification by parliament.

Increased taxes lead to halt in cruise line arrivals to Maldives

Under a regulation introduced during the previous government, cruise tourists are required to pay TGST starting from the date of their arrival.

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