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Latest Business news from the Maldives: reporting, analysis and updates from Maldives Now, in Dhivehi, English and four more languages.
The Ministry of Economic Development, Transport and Trade said on 14 October it will inspect shops and take legal action against businesses that sell goods without clearly displaying their prices, after receiving complaints from consumers.
With the China–Maldives Free Trade Agreement in force since 1 January 2025, small and medium enterprises can import many Chinese goods at lower or zero duty, provided they register correctly and carry the right paperwork.
The Maldives recorded 1,611,434 tourist arrivals as of 7 October, down 3.5% from the same period last year, according to the Ministry of Tourism and Civil Aviation.
BML placed in Tier 6 of the inaugural Forbes-Statista ranking of 500 banks from 89 countries.
Maldives International Group is marketing three island investment opportunities priced from $19.5 million to $34 million, though its promotional material leaves key transaction details unspecified.
Maldives International Group is promoting luxury hospitality and sustainable tourism investments, although its marketing material does not substantiate projected returns or regulatory benefits.
Tourism properties and residential developments offer potential investment opportunities in the Maldives, although the available outline lacks project details and supporting market data.
The Maldives is promoting foreign investment in construction, agribusiness, transport, energy and finance, highlighting ownership options, long land leases and expanded infrastructure.
Bank of Maldives recorded MVR 1.93 billion in net profit for the first nine months of 2026, a 26% increase from a year earlier.
Former North Hithadhoo MP Mohamed Sinan has been appointed managing director of AgroNat following its integration into MIFCO as a subsidiary.
