The authorities are reviewing safety measures after a spate of drowning incidents.
The immigration department will stop granting work permits and issuing quotas in March.
The Malaysia-based security firm won the arbitration award over the cancellation of a border control project.
The system would allow users to make payments regardless of their bank or island of residence.
The State Trading Organisation plans to cover labour and transportation costs.
Five water villas were damaged beyond use.
The Schengen visa application service is available in the Maldives for the first time.
Previous licenses for 24-hour shops were revoked in October 2012.
The inspections come after the drowning of three tourists and fire incidents in two resorts.
The state-owned wholesaler reduced the price of diesel by MVR2 and petrol by MVR1.
About US$19 million was paid by more than 131,000 people as work visa fees last year.
Guests were evacuated after the fire spread across the island.
Debates have been raging on whether ticket prices have been significantly reduced.
The announcement came at the closing ceremony of a guesthouse symposium.
The proposed cost was enough to establish sewerage systems in 40 islands, the ACC found.
GST accounted for 65 percent of revenue during November.
US$660 million was disbursed to 24 companies.