An MoU was signed with China's State Administration for Market Regulation.
Fines will be waived from 27 August to 27 October.
The loan scheme offers sums of up to MVR500,000 for individuals, and of up to MVR1.5 million for partnerships fully owned by Maldivians.
More than 60 businesses across the country have been fined by MVR10,000 (US$648) over the past year for employing foreigners, local media report. Small business owners...