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Israel razes UNRWA office in Nur Shams camp in occupied West Bank

en.sun.mv/92941
01 Nov 2024

The Israeli army demolished the office of the UN agency for Palestinian refugees (UNRWA) in the Nur Shams refugee camp in the northern West Bank city of Tulkarem, a local official has said. "Israeli...

Bank of Maldives Reports Strong Q3 Performance with Increased Profits and Community Investments

themaldivesjournal.com/7...
29 Oct 2024

Bank of Maldives (BML) has released its Third Quarter 2024 financial report, demonstrating continued growth and a solid contribution to the Maldivian economy. The Bank reported an Operating Profit of...

Governor urges World Bank and IMF to draft plan which meets the needs of countries

psmnews.mv/en/146395
26 Oct 2024

Governor of Maldives Monetary Authority (MMA) Ahmed Munawwar has underscored the crucial importance of the World Bank Group (WBG) and the International Monetary Fund (IMF) drafting plans after conside...

Two arrested for stealing MVR 25,000 using elderly woman’s bank card

en.sun.mv/92781
24 Oct 2024

The police have arrested two individuals believed to have withdrawn MVR 25,000 using a bank card stolen from an elderly woman in GA. Vilingili. The incident was reported to the police at around 08:13...

Bank of Maldives Raises Foreign Transaction Limit for Students Abroad

themaldivesjournal.com/7...
23 Oct 2024

Bank of Maldives (BML) has announced an increase in the monthly foreign transaction limit for debit cardholders who are students studying abroad. Effective from 1st November 2024, the new limit will b...

China EXIM Bank's loan refinanced due to financial constraints

edition.mv/news/36920
Ameera Osmanagic 22 Oct 2024

The government has taken an additional loan in order to repay the loan taken out from China's EXIM Bank back in 2015. According to the document shared with the Ministry of Finance by the Public Accoun...

USD 75M out of loan taken from China’s Exim Bank refinanced

en.sun.mv/92723
22 Oct 2024

The Government of Maldives has refinanced USD 75 million out of a USD 378 million loan withdrawn from China’s Export-Import (EXIM) Bank in 2015 to upgrade Velana International Airport (VIA). Refinanc...

MIRA granted authority to withhold bank accounts of tax evaders

psmnews.mv/en/146179
22 Oct 2024

The Maldives Inland Revenue Authority (MIRA) has been granted enhanced authority to take immediate action against individuals evading tax payments by withholding their bank accounts. Under the revised...

Policies changed to allow MIRA to freeze bank accounts of non-payers of tax

en.sun.mv/92693
21 Oct 2024

The Maldives Inland Revenue Authority (MIRA) has strengthened its enforcement policies to allow the agency to freeze the bank accounts of non-payers of tax. On Sunday, MIRA announced changes to three...

Gov't aims to start operations of Development Bank this year

psmnews.mv/en/146024
19 Oct 2024

Minister of Economic Development and Trade Mohamed Saeed has revealed the government's goal of commencing operations of the Development Bank of Maldives (DBM) within this year. Maldives Monetary Auth...

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