SEOUL, South Korea (AP) — South Korea's central bank on Thursday cut its benchmark interest rate for first time in seven months, joining government efforts to boost the export-reliant economy as manuf...
A ferry carrying 48 passengers has run aground on a sand bank near the entrance to the Hulhumale’ lagoon.
Maldives National Defence Force (MNDF) said that their Coast Guard Squadron for Male' area at...
A ferry carrying 48 passengers has run aground on a sand bank near the entrance to the Hulhumale’ lagoon.
Maldives National Defence Force (MNDF) said that their Coast Guard Squadron for Male' area at...
The World Bank has approved a US$10 million grant to the Maldivian government to expand and strengthen the education system.
In a statement, the World Bank noted that the country’s education system fa...
According to a press statement on the World Bank’s website, the Maldives has about 62,000 students and 6,000 teachers in approximately 220 public schools. In addition, there are a small number of priv...
Bank of Maldives (BML) has urged customers to avoid sending personal details such as bank card or account numbers via email after issuing a warning about fake messages being sent in the company’s name...
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...
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...
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...
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...
