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India’s central bank raises interest rate to tame inflation

en.sun.mv/74515
05 May 2022

NEW DELHI (AP) — India’s central bank on Wednesday raised its key interest rate to 4.4% from 4% to try to contain fast-rising inflation. Reserve Bank of India Governor Shaktikanta Das said after an un...

Palestinian assailants shoot dead Israeli guard in West Bank

en.sun.mv/74432
30 Apr 2022

JERUSALEM (AP) — Palestinian assailants shot and killed a security guard at the entrance of a Jewish settlement in the occupied West Bank late Friday, the Israeli military said, in a fresh attack that...

Bank of Maldives appoints new Chief Internal Auditor

mbr.mv/13287/
Editorial 28 Apr 2022

Bank of Maldives announced on appointing its new Chief Internal Auditor, Mr. Bishwajit Mazumder. Mr. Mazumder has been working in the financial industry for over 3 decades while the bank notes that he...

Bank of Japan hikes inflation forecast on soaring energy prices

edition.mv/world/24552
28 Apr 2022

Japan's central bank hiked its full-year inflation forecast on Thursday but cautioned that it sees rising prices, driven by a surge in commodity costs cause by the Ukraine war, as a volatile and tempo...

Israeli forces kill Palestinian in West Bank clashes: Palestinian news agency

edition.mv/world/24533
27 Apr 2022

Israeli forces killed a Palestinian man and wounded three others in West Bank clashes early Wednesday, according to the official Palestinian news agency WAFA. The man killed was identified as 21-year-...

Sri Lanka to receive World Bank help to face economic crisis

en.sun.mv/74286
23 Apr 2022

COLOMBO, Sri Lanka (AP) — Sri Lanka will receive $300 million to $600 million from the World Bank over the next four months to buy medicine and other essential items, the country’s finance minister sa...

Maldives economy records strong recovery: World Bank

psmnews.mv/en/101280
14 Apr 2022

The World Bank has stated that the Maldives economy has recorded a strong recovery amid existing weaknesses and global challenges. In the regional update for the Maldives, the World Bank stated the ec...

Maldives economy expects strong recovery in 2023; projects World Bank

edition.mv/news/24434
Mohamed Rehan 14 Apr 2022

According to the latest regional economic update of World Bank, the Maldives expects its real GDP to grow by 8.5 percent by 2022 end, and reach 9.1 percent in 2023. The island nation has shown strong...

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...

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