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Bank of Maldives launches ‘Startup Grant’ for new businesses

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Editorial 16 Jan 2022

Bank of Maldives (BML) has launched their ‘Startup Grant’ loan facility for new businesses. Moreover, BML’s new facility is one out of the twelve community focused initiatives the bank will be initiat...

Maldives Islamic Bank’s CEO, MD Muhaimen fired

en.sun.mv/71461
30 Dec 2021

Maldives Islamic Bank’s (MIB) Chief Executive Officer (CEO), Managing Director Abul Ehtesham Abdul Muhaimen has been fired. The Bank said its Chief Operating Officer Ahmed Riyaz has been appointed act...

Settlers attack Palestinian villages after West Bank killing

en.sun.mv/71163
18 Dec 2021

RAMALLAH, West Bank (AP) — Jewish settlers burst into several villages in the occupied West Bank on Friday, smashing homes and cars and beating up at least two people, Palestinian officials said. The...

Israel hunts Palestinian suspects after West Bank settler killing

edition.mv/world/23553
Daniella Cheslow 17 Dec 2021

Israeli soldiers carried out a manhunt Friday in the occupied West Bank, a day after the army blamed Palestinians for shooting dead an Israeli settler and wounding two others. The army, which said Pal...

Exim Bank releases funds to begin construction of 4,000 housing units

psmnews.mv/en/96204
17 Dec 2021

The Exim Bank of India has released funds required to begin the construction of 4,000 social housing units in Hulhumale’ Phase II under two different projects. The two housing projects are carried out...

India’s EXIM Bank disperses advance payment for social housing projects

en.sun.mv/71136
17 Dec 2021

India’s EXIM Bank has dispersed USD 34 million as advance payment for the social housing projects underway at Hulhumale’ Phase II, under buyers' credit. Physical works on two housing projects will com...

UK inflation hits decade high, pressuring Bank of England

en.sun.mv/71112
16 Dec 2021

LONDON (AP) — Consumer prices in the United Kingdom are rising at their highest rate in over a decade as a result of soaring energy costs and blockages in the supply chain, official figures showed Wed...

Usable Reserves At USD359 Million: Central Bank

themaldivesjournal.com/3...
09 Dec 2021

As of the end of November 2021, the State's usable reserves amounted to USD$359 million. According to statistics published by the Maldives Monetary Authority, the total reserve was worth USD$943 milli...

Bank of China declines to lend money to develop housing units in Hulhumale'

edition.mv/news/23503
Lamya Abdulla 07 Dec 2021

Bank of China declines to lend money to develop 1,700 housing units in the Second Phase of Hulhumale' as previously agreed. The project was handed over to Sinohydro Global Construction from China to d...

Gov't to seek funds from IMF, World Bank to complete resorts

avas.mv/en/109959
15 Nov 2021

The Finance Ministry has said the government is seeking funds from the World Bank and the International Monetary Fund (IMF) to continue paused resort development projects Speaking at the Parliament's...

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Latest Articles

Information of 43 child sex offenders shared with Interpol

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