Tax hike may lead to $50 million tourism loss, MATATO warns

MATATO's statement accused Minister Ameer of giving “flawed” information to the IMF and the World Bank.

24 November 2022

Hulhumale guesthouses to get dedicated beach area

HDC said that guesthouse businesses currently have a significant stake in the tourism sector of Maldives.

24 November 2022

Maldives, IsDB ink pact to set up MVR 616m fund for SMEs

According to the ministry, the fund will diversify its investments across different sectors, by geography and business stage.

16 May 2023

Democrats' business policy: concessional loans, PayPal access

There have been many changes in the last 15 years, but the income of the common people has not improved, Nasheed said.

19 July 2023

SDFC introduces loans to craftsmen, taxi drivers

Nazim said the biggest relief for the loans is the lower interest rate and repayment period.

31 August 2023

Loan scheme for Fuvahmulah SMEs

Loans of up to MVR 50,000 will be sanctioned under the scheme.

24 July 2023

SDFC to set up Islamic bank for small businesses

Nazim said the new Islamic SME bank will provide all the services currently provided by commercial banks to small and medium enterprises.

31 August 2023

Gasim pledges to forgive all SME loans

Many borrowers have no way to repay the loans, Gasim said.

28 August 2023