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According to the latest Weekly Fiscal Developments Report prepared by the Ministry of Finance and Public Enterprises as of July 23, 2026, the total revenue and grants received by the...
3 min read
The Maldives Monetary Authority (MMA) has announced the go-live of a cross-border payment integration connecting Favara, the Maldives' instant payment system, with India's Unified Payments Interface (UPI) in a milestone...
1 min read
Bank of Maldives (BML) has announced the launch of Liveaboard Finance, a dedicated financing solution for the Maldives' liveaboard tourism segment.
1 min read
Velana International Airport (MLE) has successfully handled its first-ever Sea-to-Air transshipment cargo originating from Cambodia, marking an expansion of the airport’s Sea-to-Air connectivity into Southeast Asia.
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Tourism Goods and Services Tax (TGST) collection stood at MVR 6.7 billion, which was a key driver of state revenue growth during the current year, according to the latest Weekly...
1 min read
The Ministry of Finance, in its latest release of the Weekly Fiscal Development Report, noted that subsidy expenditure is at 3.13 billion, with a majority of the spending aimed at keeping...
less than a min read
Bank of Maldives (BML) has officially agreed with iRunners to serve as the Exclusive Banking Partner for the Maldives Half Marathon 2026 (MHM26).
1 min read
Visit Maldives has partnered with the South Asian Travel Awards (SATA) 2026 as the Official Destination Partner, reaffirming its commitment to advancing regional tourism collaboration and promoting excellence across South...
less than a min read
The Male' Water and Sewerage Company Pvt. Ltd. (MWSC) has announced progress on the establishment of two water storage tanks in Malé, each with a capacity of 13,000 cubic meters.
1 min read
President Dr Mohamed Muizzu has established Addu Hankede Development Corporation Limited, a State-owned company to oversee the development of the Hankede Integrated Tourism Development Project in Addu Atoll.
1 min read
The Bank of Maldives (BML) has opened seven branches, reinforcing its commitment to expanding access to banking services across the Maldives. The branches were formally inaugurated this morning by His...
1 min read
The Bank of Maldives (BML), in collaboration with SME Digital, has introduced the Youth Entrepreneurship Financing facility designed to enable young Maldivians to establish micro and small enterprises and convert...
