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...
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...
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 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...
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...
Bank of Maldives Wednesday launched ‘BML Scholarship Fund’ as the first of series of 12 high impact monthly community initiatives to celebrate leading up to the Bank’s 40th anniversary in November 202...
The German investment bank, Deutsche Bank, has decided to financially support the Maldives Coral Institute; a nonprofit organisation lead by Speaker Mohamed Nasheed's ; through its Ocean Resilience Ph...
The total debt taken out by the Maldives from the Indian EXIM bank is estimated to reach MVR1.2 billion by next year.
The 2022 Budget proposal submitted to the Majlis estimates a total MVR9.7 billion...
Maldives Islamic Bank’s (MIB) CEO, Managing Director Abul Ehtesham Abdul Muhaimen has been suspended.
The Bank said that the decision to suspend Muhaimen was taken by its board of directors on last Tu...
World Bank’s Vice President for the South Asia region Hartwig Schafer has expressed intention to explore the digital development potential of the Maldives as part of efforts to build a more resilient...
