News

Invitation for Bids – Lease, Development and Operation of Tourist Guesthouses and City Hotels in Addu

Addu City Council with direct supervision of the Ministry of Tourism is undertaking this project of leasing lands for development and operation of Guesthouses and Hotels in the tourism zones. This project is carried out to achieve the objectives of creating job opportunities to minimize the unemployment rate among youth and to stimulate the economy …

Invitation for Bids – Lease, Development and Operation of Tourist Guesthouses and City Hotels in Addu Read More »

Case against Hulhumale’ Magistrate Court

On 20 February 2022, the Judicial Service Commission (JSC) had issued a statement in regard to the ongoing litigation case to dissolve the Hulhumale Magistrate Court. JSC states that the decision issued in the Supreme Court case of 2012/SC-S/31, which validates the establishment of the Hulhumale Magistrate Court is a major legal contradiction, as the Judicature …

Case against Hulhumale’ Magistrate Court Read More »

Collaboration between UNDP & MED

The United Nations Development Programme (UNDP) in the Maldives and the Ministry of Economic Development signed a Memorandum of Understanding (MoU) to provide technical assistance for strengthening evidence-based policy making and enhancing investments in Sustainable Development Goals (SDGs) in the Maldives.  Signing the MoU on behalf of the Ministry of Economic Development, Minister Fayyaz Ismail stated, …

Collaboration between UNDP & MED Read More »

The Launch of Strata Act

On 20 December 2021, the President ratified the Strata Act (Law no. 33/2021), effective in 3 months.  The Act facilitates the subdivision of land into strata and the collective sale of property, to provide for proper maintenance and management of buildings and to give opportunities for the developers to develop real estate businesses. It governs …

The Launch of Strata Act Read More »

The Civil Procedure Code

On 16 December, the President has ratified the Civil Procedure Code (Act No: 32/2021). The Civil Procedure Code encompasses the rules relating to pre-trial procedures, proceedings at trial, general rules of evidence applicable to civil cases, judgments, orders, and enforcement of judgments in civil proceedings. The purpose of this code is to enhance the efficiency …

The Civil Procedure Code Read More »

Introducing the ‘Beelan Portal’

On 6 December 2021, The Ministry of Finance, has launched the government procurement portal, “Beelan Portal.” The portal aims to digitalize the bid proposal process related to procurement by government offices.  The Beelan Portal provides information regarding new projects introduced by the government and provides opportunity to submit project proposals online. With this portal, the …

Introducing the ‘Beelan Portal’ Read More »

The Regulation on Small and Medium Enterprises

The Ministry of Economic Development (MED) has published the Regulation on Small and Medium Enterprises (SME) effective from 5 December 2021. The Business Center Corporation (BCC) is the official establishment driving the governments’ SME support efforts under the direction of the MED. The Regulation lists the responsibilities and duties of the BCC and highlights that …

The Regulation on Small and Medium Enterprises Read More »