The decision to give resorts a choice between either exchanging USD 500 per tourist as currently required or exchanging 20 percent of the monthly revenue will have little impact on the projected influ...
The Maldives Monetary Authority (MMA) has dismissed two private sector representatives, Asad Ali and Mohamed Shahdy Anwar, from its Board of Directors. The decision, announced recently, did not includ...
The Maldives Monetary Authority (MMA) has announced the dismissal of two private sector representatives on its Board of Directors. The members removed from their positions are Asad Ali and Mohamed Sha...
In a continued effort to elevate sports development in the Maldives, the Bank of Maldives (BML) has renewed its partnership with the Maldives Olympic Committee (MOC) to offer the Sports Scholarship Pr...
Bank of Maldives (BML), in collaboration with Maldives Olympics Committee (MOC) is offering the second round of sports scholarships.
This scholarship program aims to develop skills in athletes, and fa...
Maldives Islamic Bank (MIB) has won the "Islamic Finance Entity of the Region" award at the 9th Islamic Finance Forum of South Asia.
The award was presented during a ceremony held in Colombo, Sri Lank...
The Bank of Maldives (BML) has donated MVR 50,000 to the Diabetic Society of Maldives following this year’s annual BML Staff Charity Run, held this morning in Hulhumalé.
The event saw participation fr...
The Commercial Bank of Maldives (CBM) has introduced UnionPay cards in the Maldives, marking a historic first for the country. With this initiative, CBM aims to cater to the increasing demand for secu...
The CEO of the Development Bank of Maldives (DBM), Noel Gregor Paterson-Jones, has stated that the DBM will play a crucial role in the Maldives' journey towards becoming a developed nation. He made th...
President Dr Mohamed Muizzu has inaugurated the "Maldives Development Bank," which will provide funding for development projects.
The first-ever investment bank in the country has been established by...
