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World Bank warns Maldives of the risks of rising public debt

en.sun.mv/89299
09 May 2024

The World Bank has warned Maldives of the risks of rising public debt, stressing the urgent need for a comprehensive fiscal adjustment program. The global financial institute, in its biannual update...

Changing farming practices could cut almost one third of global emissions: World Bank

edition.mv/news/33280
08 May 2024

Changing the way food is produced around the world could significantly reduce greenhouse gas emissions by the end of the decade, the World Bank said Monday. The so-called agrifood industry is responsi...

Bank of Maldives' first quarter profits at MVR 493 million

edition.mv/news/33139
Mariyath Mohamed 29 Apr 2024

Bank of Maldives (BML) has received MVR 493 million as net profit in the first quarter of 2024. As per the first quarterly report released by the bank, the net profit this year shows a MVR 10 million...

Maldives economy expected to grow 5.2% with VIA project: World Bank

psmnews.mv/en/135611
03 Apr 2024

The World Bank has released its South Asia Development Update, titled "Jobs for Resilience," forecasting a 4.7% growth for the Maldives' economy this year. This figure is slightly lower than the bank'...

World Bank claims South Asia growth fastest in next 2 years

en.sun.mv/88533
02 Apr 2024

According to World Bank, South Asia is expected to remain the fastest-growing region in the world for the next two years. World Bank on Tuesday, said the growth in the region is expected to be strong...

Deadly suicide bombing hits bank in Afghan city of Kandahar

en.sun.mv/88342
22 Mar 2024

A suicide bomber carried out an attack at a private bank in Kandahar city in southern Afghanistan, killing at least three people and injuring 12 others, officials said. All of the victims were people...

Haitian security forces fatally shoot attackers in raid on central bank

en.sun.mv/88303
20 Mar 2024

Security forces in Haiti have killed at least three gang members, repelling an attack on the central bank as gang violence surges in the capital of Port-au-Prince, an employee said. A "group of crimi...

Special Needs Centre in Guraidhoo receives upgrade with help from Bank of Maldives

edition.mv/news/32276
Uzma Naseem 12 Mar 2024

The Special Needs Centre in K.Guraidhoo was recently renovated and upgraded with aid from Bank of Maldives (BML). As part of the upgrade, an industrial kitchen was built with assistance from BML. They...

Maldives Islamic Bank Introduces 'Visa Expense Business' Card

edition.mv/news/32271
12 Mar 2024

A cash card has been launched by Maldives Islamic Bank for businesses called Visa Business Expenses. The card allows businesses to manage expenses easily. The card allows people to access card stateme...

Maldives Islamic Bank: Transforming Banking for 13 Years

edition.mv/news/32211
08 Mar 2024

Maldives Islamic Bank was established 13 years ago with the most fundamental services provided by a bank. Having started with bank account opening services and some of the most ordinary services offer...

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