Maldives cuts electricity subsidies

Households across the country are facing higher electricity bills in March after the government revised tariff rates and decided to discontinue electricity subsidies next month.

Maldives hopeful of signing free trade agreement with China by 2017

After the first round of negotiations concluded at the Bandos Island Resort on Tuesday, Economic Development Minister Mohamed Saeed said a free trade pact with China will be most beneficial to Maldivian businesses that export fish products. “Our main aim is to export [fish products] to the China market without any tariffs,” he said.

Parliament accepts bill on revising import duties

Government bill on raising import duties narrowly accepted by parliament for consideration

Maldives to ease trade barriers with India