The Maldives raises tourism taxes: Here’s what’s changing

It’s about to get more expensive to visit the Maldives. Starting January 1, 2025, the Maldives Green Tax will increase significantly, with most hotels and resorts charging $12 per person, per night – double the current rate. Smaller establishments with fewer than 50 rooms will see a reduced rate of $6 per person, per night. Additionally, […]

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President Muizzu: The Palestinian cause a concern shared by all Maldivians

President Dr. Mohamed Muizzu has expressed the Maldives’ strong support for the Palestinian cause, emphasizing that it is a concern shared by all Maldivians. In a message delivered on Friday in commemoration of International Day of Solidarity with the Palestinian People, the President reaffirmed the Maldives’ dedication to the Palestinian struggle for justice and peace. […]

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BML Islamic launches first Shari’ah Compliant Visa Credit Card

The Bank of Maldives (BML) on Thursday announced the launch of the country’s first-ever Shari’ah Compliant BML Islamic Visa Credit Card. The BML Islamic Credit Card is offered based on the principle of Ujrah. Ujrah is the concept of charging an agreed fee for providing services to a customer. According to BML, the card is […]

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Forty-three airlines from 23 countries operating to the Maldives

A total of 43 airlines from 23 countries currently fly to the Maldives. According to the statistics released by the Tourism Ministry, 23 countries have direct flights to the Maldives as of November 20. At the end of October, a total of 43 airlines were flying to the Maldives. A total of 1.77 million tourists […]

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Maldives and India wrap up 7th edition of joint military exercise ‘Ekatha’

The Maldives and India have successfully wrapped up the seventh edition of the bilateral military exercise between the Maldives National Defense Force (MNDF) and the Indian Navy dubbed ‘Exercise Ekatha.’ This year’s ‘Exercise Ekatha’ took place at the MNDF Northern Area Command in Lh. Maafilaafushi. Chief of Defense Force Major General Ibrahim Hilmy served as […]

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Maldives-India sign MoU for use of local currencies in bilateral transactions

The central banks of Maldives and India, Maldives Monetary Authority (MMA) and Reserve Bank of Maldives (RBI) have signed a Memorandum of Understanding (MoU) to establish a framework promoting the use of respective local currency in bilateral transactions. The MoU was signed in India’s Mumbai on Friday by MMA’s Governor Ahmed Munawar and RBI’s Governor […]

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Ex-pres Maumoon asks if rushed constitutional amendment a world record

Former Maldivian President Maumoon Abdul Gayoom has asked if the constitutional amendments submitted, passed and ratified in quick succession on Wednesday had set a world record. The new amendments enacted on Wednesday included adding anti-defection provisions to the Constitution. The first reading of the bill was conducted just after 09:00 am and the debate ended […]

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President inaugurated Development Bank of Maldives

President Dr. Mohamed Muizzu on Saturday officially inaugurated the Development Bank of Maldives (DBM) Limited, a 100 percent state-owned institution. The bank was inaugurated in the same venue where the SME Hub previously operated. The bank is the result of the government’s policies promoting sustainable economic and social development, and aims to secure funding for […]

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