Business & Tourism


Customs lost US$1.4m lawsuit after state changed stand
The Attorney General’s office backed a tobacco importer’s claim in a tariff dispute.
16 Mar 2019, 9:00 AM


Maldives seeks duty-free fish exports to European Union
A request was made at the annual policy dialogue with EU ambassadors.
12 Mar 2019, 9:00 AM


Eviction notice served to clear Malé surf point
The waterfront area was controversially leased for a bridge viewing platform.
12 Mar 2019, 9:00 AM


Government undecided on luxury housing project
A stretch of Malé’s ring road closed off for the project is to be reopened.
09 Mar 2019, 9:00 AM


Maldives remain at high risk of debt distress, warns IMF
Maldives faces challenges posed by high deficits and growing debt.
07 Mar 2019, 9:00 AM


‘Digital wallet’ finance scheme launched for fishermen
The scheme enables immediate payment for fish catches.
21 Feb 2019, 9:00 AM


Migrant worker mandate transferred to economic ministry
The immigration department will stop granting work permits and issuing quotas in March.
13 Feb 2019, 9:00 AM


Australian tourist drowns in Velidhoo resort
The authorities are reviewing safety measures after a spate of drowning incidents.
13 Feb 2019, 9:00 AM


Maldives settles US$18m arbitration payout to Nexbis
The Malaysia-based security firm won the arbitration award over the cancellation of a border control project.
12 Feb 2019, 9:00 AM


Maldives central bank seeks vendors for new payment system
The system would allow users to make payments regardless of their bank or island of residence.
11 Feb 2019, 9:00 AM


State wholesaler assures price uniformity for staple foods
The State Trading Organisation plans to cover labour and transportation costs.
10 Feb 2019, 9:00 AM


Water villas destroyed in fire at Taj Exotica
Five water villas were damaged beyond use.
29 Jan 2019, 9:00 AM


Temporary German visa clinic opens
The Schengen visa application service is available in the Maldives for the first time.
27 Jan 2019, 9:00 AM


Areas designated to license 24-hour businesses
Previous licenses for 24-hour shops were revoked in October 2012.
23 Jan 2019, 9:00 AM


Ministry announces inspection of all tourist establishments
The inspections come after the drowning of three tourists and fire incidents in two resorts.
17 Jan 2019, 9:00 AM


Petrol and diesel prices slashed
The state-owned wholesaler reduced the price of diesel by MVR2 and petrol by MVR1.
14 Jan 2019, 9:00 AM


Online payment launched for work visa fees
About US$19 million was paid by more than 131,000 people as work visa fees last year.
07 Jan 2019, 9:00 AM


Domestic airfare reduced as pledged
Debates have been raging on whether ticket prices have been significantly reduced.
03 Jan 2019, 9:00 AM


Fire destroys Gili Lankanfushi resort water villas
Guests were evacuated after the fire spread across the island.
03 Jan 2019, 9:00 AM


President Solih pledges small business loans for guesthouses
The announcement came at the closing ceremony of a guesthouse symposium.
30 Dec 2018, 9:00 AM

