After 500 BML cards were used at a single Dubai shop within days, the bank now requires cardholders to be physically outside the Maldives for overseas transactions.
Business
Soneva Namoona has marked seven years of island waste management by donating compacting machines to all 11 partner islands, celebrating reduced open burning, cleaner communities, and over 1 million single-use plastic bottles prevented in Baa Atoll.
EnvironmentMIRA names and shames 43 businesses over tax defaults
MIRA has publicly named 43 businesses including resort operators, construction firms, and retail chains. The "Name and Shame" disclosure targets entities that failed to pay outstanding taxes or file returns as of December 31, 2024
Business
The Maldives repaid its $400 million dollar swap, after which India approved a new INR 30 billion ($320 million) rupee swap under the same bilateral framework.
Economy
The PNC-led parliament has greenlit an MDP bill requiring tourism businesses to pay service charges in the same currency received. The bill has been sent to committee for review.
News
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No government has started and completed a housing project within a five-year term. BML aims to break that record
Business
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