Business

GST Amendment Seeks to Tax Foreign Tourism Sales: What the Destination Principle Means for the Maldives

A guesthouse in the Maldives sells a room for the night. It charges GST, because the law requires it. A company in another country...

HEP Muizzu takes the hard road on the reforms the Maldives kept deferring

Every serious assessment of the Maldivian economy over the past two decades has said a version of the same thing. The country earns its...

President Muizzu Launches Financing Facility for Young Entrepreneurs

President Dr Mohamed Muizzu has launched the Youth Entrepreneurship Financing Facility, a scheme designed to help young Maldivians secure the capital needed to start...

Maldives Invites Investor Input on Laamu Fonadhoo Port and Bunkering Project

The Maldivian government has invited potential investors to participate in the consultation process for the development of facilities for the commercial port and bunkering...

China, EU mark 50 years of ties with robust economic partnership

As China and the European Union celebrate the 50th anniversary of diplomatic relations, their economic collaboration stands as a cornerstone of mutual growth, navigating...

International enterprises eye opportunities at China’s major trade exhibitions

In spite of intensified trade protectionism and geopolitical tensions, China's products and market are still appealing to foreign business people. A record-breaking 65 Fortune Global...

Half of Brazilians see Trump tariffs detrimental: poll

Half of Brazilians saw U.S. President Donald Trump's trade policies as detrimental to their country's economy, according to a poll released Friday. The negative perception...

Economic Watch: China-ASEAN economic, trade cooperation in fast lane

From bustling ports brimming with goods to digital arenas buzzing with new opportunities, China and the Association of Southeast Asian Nations (ASEAN) are increasingly...

Global trade and growth forecasts downgraded amid rising trade tensions

Rising trade tensions and policy uncertainty are significantly darkening the global economic outlook, according to latest reports from leading international organizations. The World Trade Organization...

China takes firm countermeasures against U.S. tariff bullying

China has taken swift, firm countermeasures following the latest U.S. tariff hike on Chinese imports, in a move to safeguard its legitimate rights and...

The U.S. tariff tantrum: A self-defeating trade war

Editor's note: Xin Ping is a commentator on international affairs, writing regularly for Xinhua News Agency, CGTN, Global Times, China Daily, etc. The article reflects...

Economic Minister Heads to Türkiye to Enhance Trade Partnerships

Minister of Economic Development and Trade, Mohamed Saeed has departed on an official visit to Türkiye to boost economic ties between the two countries. According...

Trump’s abuse of tariffs unsettles ‘staunch allies, die-hard fans’

On April 9, U.S. President Donald Trump announced a 90-day pause for countries hit by higher U.S. tariffs. In a dramatic change of policy, just...

MOST READ

Maldives Sees Rise in Resort, Safari Occupancy

Statistics have shown that resort occupancy rates increased in...

Maritime, Aviation Development Key to Tourism Growth, says MACL Chief

The growth of the tourism sector is dependent on...

Minister Urges More Oversight from Four Pillars of Gov’t, People to Strengthen Decentralised Governance

The Minister of Cities, Local Government and Public Works,...

2025 to be a year of development project launches and economic recovery: The President

President Dr Mohamed Muizzu has stated that 2025 will...

Maldives Sends Condolences to Vanuatu Following Devastating Earthquake

Minister of Foreign Affairs Dr Abdulla Khaleel has sent...
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