Foreign Exchange Bill Sanctioned by President. Photo Credit: Alexander Grey via Unsplash

Foreign Exchange Bill Sanctioned by President

The Foreign Exchange Bill, which establishes new rules mandating that foreign exchange earners in the tourism industry convert a percentage of their foreign exchange profits to Maldivian Rufiyaa, was ratified by President Mohamed Muizzu on Saturday. On 12th December 2024, the bill was approved by the parliament. Important provisions of the law include: Category A…

A330-200 Launched By Maldivian to Expand China Routes. Photo Credit: aerotime.aero via Google Images

A330-200 Launched By Maldivian to Expand China Routes

The Maldives’ national airline, Maldivian, announced its new routes to China, which will start in January 2025, during an exclusive launch event in Beijing in cooperation with partners. The event, which marked the airline’s launch of A330-200 wide-body aircraft, brought together important players from China and the Maldives, encouraging cooperation and fortifying connections between the…