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New rules require business experience for SOE chairs

The changes also revise the eligibility requirements for individuals appointed as chairpersons.

Maldives revenue rises to MVR 18.6 billion, marking 8.9% increase

The report shows that tax revenue accounted for MVR 14.2 billion, which represents 76.5 per cent of the total revenue collected so far this year.

Maldives records MVR 627M surplus as expenditure falls by 17.8%

Total state expenditure as of last week stood at MVR 22.6 billion—6.4 per cent lower than in the same period last year.

State minister Sham appointed as Fenaka chairman

This appointment follows the resignation of Shimad Ibrahim, who was serving as the Chairman of Fenaka.

Maldives Sukuk soars amid bolstered investor confidence

Dialogues with major bilateral partners have been crucial in arranging a forthcoming refinancing package, the ministry said.

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Parliament urges MMPRC to cut costs, hike revenue

The report stated that MMPRC should evaluate measures to become self-reliant by generating additional revenue and reducing expenditure.