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China's central bank rules all crypto transactions are illegal

edition.mv/world/23102
24 Sep 2021

China's central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies in China after a crackdown on the volatile trade....

FDC signs two loans agreements with India's EXIM Bank under sovereign guarantee

en.sun.mv/69328
23 Sep 2021

Fahi Dhiriulhun Corporation Limited (FDC) has signed two loan agreements for the construction of new housing units - which the Government of Maldives has provided a sovereign guarantee for. The two lo...

FDC signs with EXIM Bank for Buyers Credit to develop 4K housing units

mbr.mv/12380/
Editorial 23 Sep 2021

EXIM Bank of India completes their agreement with Fahi Dhiriulhun Corporation Limited (FDC) of Maldives to provide a Buyers Credit to develop 4,000 social housing units at Hulhumale’ Phase-2. Furtherm...

EXIM bank seeks Indian party to develop Lh. Felivaru

avas.mv/en/106644
10 Sep 2021

India's Export Import Bank (EXIM Bank) is seeking an Indian company to develop Lh. Felivaru. The Felivaru Fisheries Complex upgrading project in Lh. Felivaru is funded by a USD 800 million credit line...

1000 individuals to be trained in accounting through World Bank’s assistance

en.sun.mv/69007
09 Sep 2021

Economic Minister Fayyaz Ismail has stated that the government plans to commence a program to train individuals in accounting – and also some other sectors. Minster Fayyaz revealed this whilst speakin...

STO submits application for digital bank operating license

psmnews.mv/en/91699
07 Sep 2021

State Trading Organisation (STO) has announced it has submitted its application for a digital bank operating license from the Maldives Monetary Authority (MMA). Making the announcement on Twitter, STO...

STO requests central bank for digital banking license

en.sun.mv/68955
07 Sep 2021

State Trading Organization (STO) states it has requested the central bank for a digital banking license. STO’s Managing Director Hussain Amr said the company requested Maldives Monetary Authority (MMA...

Police search for woman who stole MVR 180,000 from bank account

en.sun.mv/68920
06 Sep 2021

Police are looking for a female suspect believed to have transferred a large amount of money from a bank account without the owner’s knowledge. Police released CCTV footage of the woman taken from ins...

Robbers escape with hostages atop cars in Brazil bank heist

en.sun.mv/68817
31 Aug 2021

RIO DE JANEIRO (AP) — Bank robbers armed with explosives and high-powered rifles plunged a city in Sao Paulo state’s interior into terror early Monday, taking civilians hostage and even putting some o...

Palestinian twins open cafe in converted jet in West Bank

en.sun.mv/68737
27 Aug 2021

RAMALLAH, West Bank (AP) — Few Palestinians in the occupied West Bank get to board an airplane these days. The territory has no civilian airport and those who can afford a plane ticket must catch thei...

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Latest Articles

Amendment to Evidence Act Proposed to Protect Journalists’ Sources Amid Concerns

psmnews.mv/en/167799
7 hours ago

Concerns mount over state media funding; Calls for transparency and better review

en.sun.mv/100366
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China and Maldives Discuss Expanding Technical Training Support for Prosecutors

psmnews.mv/en/167798
8 hours ago

Government Allocates USD 1.8 Million to Support 18 Private Media Outlets

psmnews.mv/en/167797
9 hours ago

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