Economic Council

Government authorised to award multi-million dollar projects without bidding

Changes brought to the public finance regulations by the finance ministry in late May has authorised the cabinet to award ‘mega projects’ and projects carried out with concessional loans or assistance from a foreign country without a bidding process or approval by the tender evaluation board.

Government to charge US$25,000 for SEZ applications

Government to sign MoU with Dubai Ports World to develop port at Thilafushi

INIA capacity will increase threefold with new runway and terminal, says economic council

Parliament approves import duty hikes

Government scraps plan to impose import duty on staple foodstuff

Government decides to implement a ‘green tax’ on tourists

STO to import oil, staples and pharmaceuticals only

Maldives “ideally placed” to be international financial centre, says CMDA chief

Economic Council to decide on how to proceed with TATA flats