— The nation in focus —
President Mohamed Muizzu says the dollar payments start on 1 November and the tax changes on 1 January. He said the law changes needed are still under way.
The Meteorological Service says the event may become one of the strongest on record. NOAA’s satellite monitoring puts the Maldives’ reefs on bleaching watch, with its outlook rising to a warning level from late December.
President Mohamed Muizzu said 20 memoranda of understanding were exchanged in Islamabad, including on tourism, and that talks on direct flights were continuing.
The central bank said the money changer broke the regulation on money-changing businesses. It is the second money changer MMA has announced action against since August.
The state-owned SME financier has also opened the Shariah-compliant scheme, which until now covered onboard refrigeration, generators and solar panels, to the installation and replacement of vessel engines.
The state-majority contractor will start paying out MVR 24.1 million on 1 November. Shareholders also reappointed Deloitte as auditor and elected Hussain Hassanfulhu to the board.
The state-majority fuel and trading company's revenue fell 7% from the second quarter to MVR 6.48 billion as global fuel prices eased, but lower staff costs after the transfer of its pharmacies lifted operating profit by 23%.
The Noonu Atoll resort's calendar runs from a vampire-themed Halloween to its 13th anniversary on 20 December, with two guest chefs cooking at Aragu in November.
The planned centre at Hulhumalé Hospital would offer radiotherapy, which is not currently available in the Maldives. No cost, financing model or contract has been announced.
