The government has decided to establish a development bank and finance center in the SME Hub building which adopts a mini-mall concept managed by Business Center Corporation (BCC).
The building featur...
Ministry of Economic Development and Trade has announced the decision to establish a financial authority and development bank in the same building that houses Business Center Corporation (BCC)-run SME...
The no-confidence motion against Ali Hashim, the governor of the Maldives Monetary Authority (MMA), has been forwarded to the Parliament’s Public Accounts Committee for review on Tuesday.
A motion to...
The Public Accounts Committee has passed a motion counselling the Parliament’s speaker, Abdul Raheem Abdulla, to recommend to President Dr. Mohamed Muizzu to dismiss Ali Hashim, the governor of the Ma...
Economic Minister Mohammed Saeed has held discussions with the Industrial and Commercial Bank of China (ICBC) to seek assistance and cooperation for Maldives. ICBC is the largest bank in China and the...
Maldives requires immediate expenditure cuts to overcome its current economic vulnerabilities, said Erdem Atas the World Bank Country Economist and Resident Coordinator for Maldives.
In a statement o...
World Bank has appointed David Sislen as the New Country Director for the Maldives, Nepal, and Sri Lanka, effective from July 1, 2024. Sislen succeeded Faris Hadad-Zervos, who will be taking on a new...
World Bank announced David Sisel as its new Country Director for the Maldives, Nepal and Sri Lanka yesterday.
The decision will take effect from July 1, 2024, and Sisel will succeed Faris Hadad-Zervos...
World Bank has appointed a new Country Director for Maldives, Nepal and Sri Lanka.
According to a statement released by the Bank, David Silsen will replace current Country Director Faris Hadad-Zevros...
The Maldives faces vulnerable fiscal conditions and debt risks owing to sharp spending rise and subsidies widening the deficit, said World Bank Country Director for the Maldives, Nepal, and Sri Lanka...
