Maldives Moves to Revise Overseas Tourism GST after Industry Objections
MATATO confirms a government decision to change the framework. ABTA is seeking formal confirmation of a postponement and the next steps for overseas sellers.
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BML Caps Monthly Dollar ATM Withdrawals at US$3,500 per Customer
The limit took effect on 1 October. The existing daily ceiling of US$1,600 per card remains in place.
MIRA Launches Digital Guest Reporting for Green Tax
The platform launched on 1 October. MIRA’s current guidance lists phased reporting and integration dates, while returns remain in MIRAconnect.
RBI Confirms India’s INR48.5 Billion Credit Line for Maldives Projects
The facility took effect on 27 August. Indian suppliers must provide at least 75 per cent of the applicable contract value.
Seven OPEC+ Countries Keep November Oil Output Targets Unchanged
The group will retain September production requirements for November, while a separate monitoring committee warns about threats to energy infrastructure and shipping.
Three Scientists Win Nobel Medicine Prize for Controlling Nerve Cells with Light
Karl Deisseroth, Peter Hegemann and Georg Nagel are recognised for discoveries behind optogenetics, a method used to investigate brain activity.
Bank of England Sets Out Plan to Unwind QE Bonds by 2034
Deputy Governor Dave Ramsden details a £368 billion reduction, with £120 billion of other bonds retained to back banknotes.