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President Dr. Mohamed Muizzu has said the tourism industry should be able to comply with the new requirement for resorts to convert 40 percent of their foreign currency earnings through the Maldives
President Dr Mohamed Muizzu has ratified amendments to the Fisheries Act, introducing new rules for fishing harbours, aquaculture, enforcement and recreational fishing. The amendment was ratified at a special ceremony held at
President Dr Mohamed Muizzu has ratified the First Amendment to the Foreign Currency Act, introducing new requirements for foreign currency exchange and conversion by businesses. Under the amended law, foreign currency can
President Dr Mohamed Muizzu has ratified a new law establishing rules for leasing and allocating uninhabited islands and standalone lagoons for non-tourism purposes. The Bill on Leasing Uninhabited Islands and Lagoons was
President Dr Mohamed Muizzu has ratified the Second Amendment to the Income Tax Act, increasing the withholding tax applicable to non-resident contractors undertaking construction projects in the Maldives from 5 per cent
Maldives Airports Company Limited MACL showcased the engineers behind Velana International Airport VIA at a National Engineers’ Day Children’s Evening on Sunday. The event was held at Hulhumalé Central Park from 4:00
The Maldives Zakat Fund collected MVR 17.37 million in Zakat al-Maal contributions last month, marking a 44.2 per cent increase compared with the same month last year. Official figures show that MVR
A 51-year-old woman has died following a gas leak incident at a residence in Maafannu, Malé, on Thursday morning. Police said they received a report at approximately 10:34 a.m. on August 27,
The People’s Majlis has passed the Land Transport Bill, establishing a new legal framework for regulating road use and strengthening safety standards for pedestrians and other road users across the Maldives. The
The People’s Majlis has approved an amendment to the Decentralization Act that will allow the government to reclaim land administered by local councils for the implementation of national development projects. The amendment
The People’s Majlis has passed the Foreign Exchange Bill, introducing new measures aimed at strengthening the Maldives’ foreign exchange system, increasing the flow of foreign currency through the formal banking sector and
The Ministry of Infrastructure, Housing and Urban Development has extended the deadline for applicants to submit corrections and supporting documents related to the ongoing verification of land and flat applications submitted under
The Anti-Corruption Commission ACC has welcomed the government’s submission of legislation aimed at strengthening the legal mechanisms for recovering assets obtained through criminal activity, calling it a significant development in the fight
The Maldives has welcomed the United States’ decision to remove Syria from its list of State Sponsors of Terrorism. The Maldivian government called the move a significant development for Syria and its
The Maldivian government has reintroduced a requirement for employers to deposit the salaries of expatriate workers directly into bank accounts held by the employees, as part of renewed efforts to strengthen oversight
The government has submitted a bill to the People’s Majlis seeking to establish a legal framework for the civil forfeiture of assets derived from criminal activities, with the aim of depriving offenders
A 36-year-old American national has been arrested and remanded in custody for 10 days following the discovery of a magazine containing ammunition in his luggage at Velana International Airport. Maldives Police identified
Maldivians aged 21 and above arriving in the country from overseas can now bring limited quantities of tobacco products for personal use without submitting a Goods Declaration, following an amendment to the
Physical construction work has commenced on Darussalam, the largest Waqf building to be developed in the Maldives, with the MVR 244 million project expected to be completed within 24 months. The project,
The Maldives Transport and Contracting Company MTCC has reported a sharp recovery in profitability in 2025, with the company’s Profit After Tax rising 88 per cent to MVR84.83 million despite a slight
