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Sri Lanka slaps travel ban on former central bank chief

edition.mv/world/24389
08 Apr 2022

A Sri Lankan court on Thursday placed a travel ban on the country's recently resigned central bank chief following allegations he is responsible for the island's crippling economic crisis. The magistr...

MMA announces action plan to reduce usage of bank checks

edition.mv/business/2438...
Mohamed Rehan 07 Apr 2022

Maldives Monetary Authority (MMA) has announced its action plan on reducing the usage of bank checks to promote and foster digital payment alternatives. According to the central bank, it aims to reduc...

World Bank says war shocks to drag on Asian economies

en.sun.mv/73930
05 Apr 2022

BANGKOK (AP) — Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months, the World Bank...

Sri Lanka central bank governor quits as crisis worsens

edition.mv/world/24354
04 Apr 2022

Sri Lanka's central bank governor, who had resisted mounting calls for the island nation to seek an IMF bailout, announced his resignation Monday as protests escalated over a worsening economic crisis...

Israeli troops kill 3 Palestinians in West Bank gun battle

en.sun.mv/73870
02 Apr 2022

JERUSALEM (AP) — Israeli forces killed three Palestinian militants in a firefight in the occupied West Bank early Saturday, police said, raising fears of further escalation of violence during the Musl...

Israel raids West Bank, 2 Palestinians killed in gunbattle

en.sun.mv/73850
01 Apr 2022

JERUSALEM (AP) — Israeli forces raided a refugee camp in the occupied West Bank on Thursday, setting off a gunbattle in which two Palestinians were killed and 15 were wounded, as Israel targeted what...

Bank fraud by staff involving almost USD 400k surfaces at SBI Maamigili branch

en.sun.mv/73661
25 Mar 2022

Some staff working at State Bank of India’s (SBI) ADh. Maamigili branch is currently under investigation for bank fraud involving almost USD 400,000. A trusted told Sun that the case involved a total...

Maldives Islamic Bank announces service hours for Ramadan

en.sun.mv/73630
24 Mar 2022

Maldives Islamic Bank (MIB) has announced its service hours for the month of Ramadan. In this regard, the bank said that their services will be provided for customers during Ramadan from 9:30am in the...

Bank of Ceylon to terminate dormant accounts

psmnews.mv/en/100346
24 Mar 2022

The Bank of Ceylon branch operating in the Maldives has decided to terminate 190 accounts that have been inactive for more than five years. Bank of Ceylon stated the account holders have been notified...

Dubai-based firm proposes to open a digital bank in Maldives

psmnews.mv/en/99940
14 Mar 2022

Dubai-based Mojay Global Holding Limited has requested permission from the Maldives Monetary Authority (MMA) to establish a digital bank. Mojay Global, a technology business company, submitted a propo...

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