2 min read
Maldives companies appear to be recovering incredibly quickly from the financial difficulties caused by the COVID-19 pandemic, as some state owned companies seem to be making a magnificent profit in...
2 min read
Ever since the COVID-19 pandemic, after being forced indoors, many people found peace and calmness in simple outdoor activities such as gardening. After being hauled up indoors for so long,...
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To the many residents of the greater Male’ area, Vilimale’ is like a get-away island. Even though people do reside on this small suburban island, for many it is an...
3 min read
Maldives is a small island nation with most islands not so well equipped to transport you from point A to point B without difficulty. Even though transportation may not be...
3 min read
Introduced on October 2, 2011, the Goods and Services Tax Act (Law Number 10/2011), widely known as GST or the Goods and Services Act, has been in effect.
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The Government has signed on July 4th, a grant agreement, that will provide USD 24 million for the Sustainable and Integrated Labor Services (SAILS) Project. The project would be implemented...
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Minister of Finance Ibrahim Ameer has on 22 June 2022 signed yet another loan agreement – this time borrowing EUR 18.4 million from the European Investment Bank (EIB), for the...
1 min read
Established in 1949, the State Electric Company Limited (STELCO) is a wholly owned state enterprise. Before settling on its current name, "state electric company" in 1997, the company had previously...
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On June 19th, the Maldives' Ministry of Finance issued a circular outlining spending cuts due to uncertainties relating to price hikes in the global economy. Aside from price increases directly...
