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Maldives clears path to China-led bank membership

haveeru.com.mv/news/6409...
Ali Naafiz, Haveeru Online 19 Nov 2015

President Abdulla Yameen Abdul Gayoom on Wednesday ratified the Asian Infrastructure Investment Bank Membership Bill, which was passed by the parliament on November 12. Following ratification, the Ac...

World Bank blacklisted Chinese company awarded Maldives bridge project

maldivesindependent.com/...
by Mohamed Saif Fathih 16 Nov 2015

A Chinese contractor chosen for the US$200 million Malé-Hulhulé bridge project was blacklisted by the World Bank over fraudulent practices during a road improvement project in the Philippines. The CCC...

World Bank blacklisted Chinese company awarded Maldives bridge project

maldivesindependent.com/...
16 Nov 2015

A Chinese contractor chosen for the US$200 million Malé-Hulhulé bridge project was blacklisted by the World Bank over fraudulent practices during a road improvement project in the Philippines. The CCC...

Maldives Islamic Bank slashes bank guarantee fees

haveeru.com.mv/business/...
Abdullah Jameel, Haveeru Online 09 Nov 2015

Maldives Islamic Bank (MIB) has reduced the commission for issuance of Bank Guarantees. MIB said in a press release Monday that their revised flat commission is MVR 500 (USD 32.5). P reviously, cust...

Maldives central bank allays inflation fears over new currency

haveeru.com.mv/ran_dhiha...
Abdullah Jameel, Haveeru Online 01 Nov 2015

The new Maldivian currency series “Ran dhiha faheh” (the golden five decades) will not have an effect on the money in circulation, said Maldives Monetary Authority (MMA)’s Governor Dr Azeema Adam. Sp...

Maldives central bank allays inflation fears over new currency

haveeru.com.mv/mma/63585
Abdullah Jameel, Haveeru Online 01 Nov 2015

The new Maldivian currency series “Ran dhiha faheh” (the golden five decades) will not have an effect on the money in circulation, said Maldives Monetary Authority (MMA)’s Governor Dr Azeema Adam. Sp...

Maldives seeks new international bank

haveeru.com.mv/mma/63563
Abdullah Jameel, Haveeru Online 31 Oct 2015

In an interview to Haveeru, MMA ’s Governor Dr Azeema Adam revealed they are working to set up an international bank alongside Sri Lanka’s Commercial Bank of Ceylon. However, she did not specify deta...

Maldives central bank aims to maintain 200 mln in US dollar reserve

haveeru.com.mv/mma/63508
Abdullah Jameel, Haveeru Online 28 Oct 2015

Maldives Monetary Authority (MMA) expects to maintain this year’s foreign-exchange reserves at USD 200 million, said MMA’s Governor Dr Azeema Adam. In her interview to Haveeru on Thursday, Dr Azeema...

Maldives central bank denies 'losing' new currency shipment

haveeru.com.mv/ran_dhiha...
22 Oct 2015

A Maldives Monetary Authority (MMA) spokesperson insisted that the new shipment of currency notes were secure. Rumours have been rife that a part of the new MVR1,000 shipment had been lost at the air...

Suspects arrested for planning to rob Villimalé Bank

vaguthu.mv/en/32687
Zifleen Ahmed 21 Oct 2015

Two local males have been arrested on the suspicion of planning a heist on the Bank at Villimalé. Based on information gathered by Police Intelligence، MPS Serious and Organizer Crime Department and V...

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