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Four Appointed to Board of Maldives Development Bank

themaldivesjournal.com/8...
30 Jun 2025

The Privatization and Corporatization Board (PCB) has announced the appointment of four individuals to the Board of the Maldives Development Bank, the state-owned entity tasked with driving infrastruc...

World Bank approves over $1 billion to rebuild key sectors in Iraq, Syria and Lebanon

en.sun.mv/97228
26 Jun 2025

The World Bank has said it approved over $1 billion for infrastructure and reconstruction projects in Iraq, Syria and Lebanon. The biggest amount went to Iraq, where the World Bank approved $930 mill...

Israeli military, illegal Zionist settlers kill four Palestinians in occupied West Bank

en.sun.mv/97223
26 Jun 2025

Israeli military and illegal Zionist settlers have killed at least four Palestinians in the occupied West Bank, Palestine's Health Ministry said. Three Palestinians were killed in Kafr Malik, a villa...

Construction Imports, Bank Loans Contribute to Industry Growth

psmnews.mv/en/159604
20 Jun 2025

According to the high frequency indicators, both the construction sector and the real estate sector are estimated to have observed growths in annual terms during the first quarter of the year, central...

Bank Income Tax Revenue Records 51 Percent Hike in 2024

psmnews.mv/en/159542
19 Jun 2025

The Maldives Inland Revenue Authority (MIRA) has said that the amount of tax collected from banks increased by 51 percent last year. Banks are required to pay tax at the rate of 25 percent of their t...

Bank of Maldives Urges Customers to Update Mailing Addresses for Card Delivery

themaldivesjournal.com/8...
12 Jun 2025

The Bank of Maldives (BML) has issued a request for customers in the Male’ region to update their mailing addresses to ensure smooth delivery of bank cards through Maldives Post. The announcement addr...

Development Bank racks up over MVR 400,000 in unpaid rent for office in six months

en.sun.mv/96815
02 Jun 2025

Development Bank of Maldives (DBM) has not made any rent payments so far for the office space it occupies in the Allied Building for its operations. DBM, which is based at State Trade Organization (S...

Ahmed Ali Habeeb Appointed Chairperson of Bank of Maldives Board

themaldivesjournal.com/8...
31 May 2025

Bank of Maldives (BML) has appointed Ahmed Ali Habeeb of S. Hithadhoo, Noovila, as the new Chairperson of its Board of Directors. The appointment was finalized during the bank’s Annual General Meeting...

Israel targets Macron and threatens to build 'Jewish Israeli state' in occupied West Bank

en.sun.mv/96773
31 May 2025

Israeli Defence Minister Israel Katz has vowed to build a "Jewish Israeli state" in the occupied West Bank, a day after the extremist government announced the creation of 22 new illegal Zionist settle...

BML Sets Sight on Becoming “Best Digital Bank” in South Asia

psmnews.mv/en/158419
29 May 2025

Bank of Maldives (BML) is working towards the goal of becoming the best digital bank in the region through its digital transformation journey, the bank’s CEO and Managing Director Mohamed Shareef has...

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