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MSE and MSD: Building trusted market infrastructure

The Strategic Plan for 2026–2030 sets out how the established infrastructure can play a greater role in the Maldivian economy.

Govt says 40% resort dollar rule followed industry consultations

MATI, which represents resort owners and operators, has opposed the requirement.

Maldives asked to delay GST on foreign tourism businesses

Collection under the new provisions is scheduled to begin on 1 October.

MMA raises capital requirements for payment service providers

Under the changes, the minimum unimpaired capital requirement for electronic money issuance has increased from MVR 500,000 to MVR 2 million.

Fuel costs push subsidy spending above budget

The government had spent about MVR 3.5 billion on subsidies as of 27 August, compared with MVR 2.9 billion allocated for the full year.

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