The Maldivian tourism sector remains buoyant, continuing ahead with strong performance in Q3 2019.According to Maldives Monetary Authority’s (MMA) Quarterly Economic Bulletin, tourist arrivals increased...
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BML transforms banking services with new service centers
Bank of Maldives is set to open new dedicated service centers in various locations of Male’ City.The announcement comes in line of the bank’s “strategic...
Minister of Planning announces development of 6 new airports
The Maldives Minister of National Planning and Infrastructure has announced the development of 6 new regional airports.Minister Mohamed Aslam, revealed state’s plan while speaking at...
Flight movements to VIA increase in December
The flight movements to Velana International Airport (VIA) has observed a record increase in December.According to Maldives Airports Company Limited (MACL) – the airport’s operator...
BML introduces American Express Platinum Credit Card
The Bank of Maldives (BML) has introduced the American Express Platinum Credit Card for the Maldivian customer-base.According to BML, the new card offers exclusive privileges,...
BML signs with Ministry of Higher Education over Scholarship Scheme
Bank of Maldives (BML) on Thursday signed on a partnership agreement with Ministry of Higher Education.Both parties entered the agreement to provide higher education and...
SOE dividends at MVR1.5, exceeds projections
The Weekly Fiscal Development as of 21 November puts cumulative GST total at MVR6,613.2 million.The Goods and Services Tax (GST) was among the very first...
MIRA amends Tax Enforcement Policy to provide relief for small businesses
Maldives Inland Revenue Authority amends their Tax Enforcement Policy to provide relief for smaller businesses.The taxation body put on their amended Tax Enforcement Policy up...
State expenditure over MVR22.5b, deficit continues
The state expenditure has reached MVR22,551.2 million as of 21 November 2019.As per the Weekly Fiscal Development stats, by the same period state revenues and...