The revenue authority has sued Jumhooree Party leader Gasim Ibrahim's Villa Shipping group for the recovery of unpaid taxes and fines worth MVR75 million (US$4.8 million)....
More than $311.5 million has been invested for the first phase of the Emboodhoo Lagoon project.
A contract to build the airport has not yet been awarded as bids are still being evaluated and work has not started on it.
The number of Chinese holidaymakers visiting the Maldives increased in November for the first time in three years.
A 23 percent decrease in the usable reserves compared to June 2017 reflected "the increase in loan repayments and payments related to construction of the Dharumavantha...
The fourth annual Maldives Investment Forum was inaugurated Monday morning by Vice President Abdulla Jihad and UAE Economic Minister Sultan bin Saeed Al-Mansoori.
The Maldives first FTA was rushed through parliament last month, but the government says it will open up the world’s largest consumer market for tariff-free fish...
The Bank of Maldives will host a regional banking conference late next year with 80 leading institutions from 25 Asian countries due to take part.
The Maldives will also open up the lucrative tourism service sector to Chinese investors as part of the landmark free trade agreement signed last week.
The High Court on Wednesday upheld an Employment Tribunal order for the reinstatement of 22 employees sacked from the Conrad Maldives Rangali Resort in June 2011.
The trip takes place from December 6 until December 9 and is at the invitation of President Xi Jinping.
The Global Times said China remained the largest source of tourists for the Maldives and that there was no “political intrigue” to the Free Trade Agreement.
The Maldives has been downgraded to a “fragile state” by the IMF because of the tense political situation, the way business is regulated and how the...
The Maldives' first bilateral free trade agreement - which commits both nations to reduce tariffs on most imported goods to zero - was rushed through hours...
A ministry report published in October said hundreds of foreign fishing vessels were operating illegally in Maldivian seas every year.
The government hopes to welcome 1.5 million tourists in 2017, despite missing the same target during the past two years. After reaching a record 1.3 million...
Holidaymakers had sat through two aborted take-offs before being lobbed into the ocean on the third attempt, The Sun reported, and were left bobbing in the...
