Minister of Economic Development and Trade, Mohamed Saeed, has announced the upcoming opening of a development bank in the Maldives this year. The minister disclosed this information during the launch...
The Civil Court has ordered for Kaashidhoo MP Abdulla Jabir’s accounts to be frozen in a lawsuit lodged against him claiming he failed to honor an agreement to pay USD 750,000 to buy 50 percent of sha...
The police have arrested three suspects in connection to the theft of MVR 1.8 million from the bank account of an individual, and recovered nearly all of the stolen funds.
In a press briefing held by...
The Indian National Congress has stated that their bank accounts have been frozen by the federal tax authorities, casting doubt over the fairness of the upcoming general election.
The Indian general e...
A Bangladesh bank has confirmed it had ousted Nobel peace laureate Muhammad Yunus from two businesses he founded, weeks after his conviction in a criminal case his supporters say was "politically moti...
India's main opposition Congress party has said that its bank accounts had been frozen by the tax department just weeks before the expected announcement of national elections.
Critics and rights grou...
Caution is advised as a new round of deceptive messages circulating under the guise of Bank of Maldives prompts heightened alertness. Individuals have reported receiving messages related to a scam ter...
The poor quality of education in the Maldives poses a serious human capital challenge to the country, says the World Bank.
The World Bank released its Human Capital Review (HCR) report for the Maldiv...
The World Bank has offered to provide technical assistance to Maldives in implementing the financial reforms needed to overcome the financial crisis.
The World Bank Vice President for South Asia, Mart...
The World Bank has called on Maldives to expedite measures to manage the country's debt.
In a press release following the World Bank delegation's four-day visit to the Maldives, it was highlighted tha...