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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...
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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...
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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...
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On June 16th, a facility agreement for the second phase of the “Gulhifalhu Reclamation Project” was signed between ABN AMRO Bank N.V., AKA European Export Trade Bank and ING Bank...
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Maldives embarked on major democratic reforms on the political front in 2008, with its adoption of a new constitution, and the first multi-party elections, resulting in the first democratically elected...
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The Maldives Police Service, in numbers
