News

COSCAP SA Office relocated in the Maldives

COSCAP South Asia Office is relocated in the Maldives for the next 5 years. The office was officially inaugurated by the Honorable Minister of Transport and Civil Aviation, Mrs. Aishath Nahula on 6th September 2021.

Maldives and Turkey signed Air Services Agreement

The Government of Maldives and the Government of the Republic of Turkey has signed an Air Services Agreement to facilitate air transport services between the two countries. The Ceremony took place on 2nd September 2021 in Istanbul, Turkey. Minister of Transport and Civil Aviation Ms. Aishath Nahula signed the Agreement on behalf of the Government of Maldives and Mr. Adil Karaismailoğlu, Minister of Transport and Infrastructure signed on behalf of the Government of Turkey.

Finance Circular - Payment collected only via Digital Transactions effective from 25th March 2021

Ministry of Finance, as part of their ongoing efforts to promote reliance on electronic payments, transactions via Bank of Maldives mobile point of sale (mPOS) has been implemented. Therefore, in accordance with Ministry of Finance Circular No. 13-D3/CIR2021/2 dated 11th February 2021, all payments to this authority will be collected only via digital transactions.