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Maldives’ currency reserves “dwindling to critical levels”: World Bank

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Minivan News 20 Apr 2013

Currency reserves in the Maldives have “dwindled to critical levels”, according to the World Bank’s bi-annual South Asia Economic Focus report. The report highlighted that growth in South Asian countr...

South Asian economies still facing risks: World Bank

en.sun.mv/11726
20 Apr 2013

World Bank has revealed that state reserves in Maldives and Pakistan to have dwindled to critical levels, and that South Asian economies are still facing risks. This year’s first edition of the twice...

South Asian economies still facing risks: World Bank

english.sun.mv/11726
20 Apr 2013

World Bank has revealed that state reserves in Maldives and Pakistan to have dwindled to critical levels, and that South Asian economies are still facing risks. This year’s first edition of the twice...

Maldives' reserve has dwindled to a critical level, says World Bank

haveeru.com.mv/news/4855...
19 Apr 2013

The report, a twice-yearly look at South Asia’s economic prospects, said that the region is now more vulnerable because current account balances have widened, foreign direct investment has slowed, and...

Cyprus president admonishes central bank chief

english.sun.mv/11547
15 Apr 2013

NICOSIA, Cyprus (AP) — Cyprus' president on Sunday chided the central bank chief to not act in ways that catch the government by surprise, but to move to stabilize the bailed-out country's troubled ba...

Cyprus president admonishes central bank chief

en.sun.mv/11547
15 Apr 2013

NICOSIA, Cyprus (AP) — Cyprus' president on Sunday chided the central bank chief to not act in ways that catch the government by surprise, but to move to stabilize the bailed-out country's troubled ba...

Maldives government denies US$160 million arbitration talks with Axis Bank

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Neil Merrett 06 Apr 2013

The Attorney General (AG’s) Office has denied receiving any notice of arbitration from Axis Bank, one of the lenders backing a US$511 million airport development project voided by the government late...

Arbitration process begins for GMR - Axis Bank loan recovery

en.sun.mv/11305
06 Apr 2013

Indian newspaper The Financial Express has reported that the arbitration process has begun between GMR Infrastructure and the two banks that provided GMR with a loan of $160 million for the developmen...

Arbitration process begins for GMR - Axis Bank loan recovery

english.sun.mv/11305
06 Apr 2013

Indian newspaper The Financial Express has reported that the arbitration process has begun between GMR Infrastructure and the two banks that provided GMR with a loan of $160 million for the developmen...

ADB president nominated to head Japan central bank

english.sun.mv/10082
28 Feb 2013

TOKYO (AP) — The government has nominated Asian Development Bank President Haruhiko Kuroda to head Japan's central bank, counting on his support for more aggressive monetary policy to help the world's...

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