The Maldives Inland Revenue Authority (MIRA) has strengthened its enforcement policies to allow the agency to freeze the bank accounts of non-payers of tax.
On Sunday, MIRA announced changes to three...
Minister of Economic Development and Trade Mohamed Saeed has revealed the government's goal of commencing operations of the Development Bank of Maldives (DBM) within this year.
Maldives Monetary Auth...
Criminal Court has ordered the arrest of a youth who is suspected of defrauding MVR 28,000 by sending a fake bank transfer under the pretense of selling US Dollars.
The suspect has been identified as...
Maldives Monetary Authority (MMA) has issued the licence required for the Development Bank of Maldives Limited (DBM).
President Dr. Mohamed Muizzu announced the formation of the DBM, on May 16. The r...
The Maldives Monetary Authority (MMA) has officially granted a banking license to the Development Bank of Maldives Limited, a fully government-owned entity. This pivotal move is set to enhance the nat...
Maldives Monetary Authority has today granted the license for operation of the first established Development Bank of Maldives.
Minister of Economic Development and Trade Mohamed Saeed stated on social...
Central bank, Maldives Monetary Authority (MMA) has granted Development Bank of Maldives (DBM) banking license to operate as a development bank in the Maldives on Sunday.
The license was handed over...
According to World Bank report titled Seeking Stability in Turbulent Times, Maldives has sold MVR 64 billion worth of Treasury Bills (T-bills) through the financial sector, contributing to a significa...
The World Bank said on Thursday that the Maldives has made limited progress in implementing the fiscal reform plan proposed by the Maldivian administration back in February, adding that urgent actions...
Bank of Maldives (BML) has set up a self service banking ATM in Kaafu atoll Gaafaru and commenced services there.
The ATM was opened for service today, now allowing the public and businesses to withdr...
