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World Bank chief warns extreme poverty could surge by 100 million

edition.mv/world/18625
22 Aug 2020

The coronavirus pandemic may have driven as many as 100 million people back into extreme poverty, World Bank President David Malpass warned Thursday. The Washington-based development lender previously...

World Bank chief warns extreme poverty could surge by 100 million

edition.mv/news/18625
21 Aug 2020

The coronavirus pandemic may have driven as many as 100 million people back into extreme poverty, World Bank President David Malpass warned Thursday. The Washington-based development lender previously...

Attempt made to transfer ventilator payment to personal bank account

en.sun.mv/62444
18 Aug 2020

The Auditor General’s Office said on Tuesday that it discovered during the course of its audit that the Health Ministry had initially attempted to transfer the MVR 30.9 million advance payment to Duba...

Virus hits Commonwealth Bank profits in 'challenging' year

edition.mv/world/18432
12 Aug 2020

Australia's Commonwealth Bank (CBA) reported an 11.3-percent drop in full-year cash profits Wednesday as it took provisions against loan losses due to the coronavirus crisis. CBA said its statutory ne...

Central bank releases MVR 4 billion as govt. overdraft

en.sun.mv/62227
09 Aug 2020

The government has overdrawn MVR 4 billion from the central bank Maldives Monetary Authority (MMA). The overdraw of the public account means that the MMA lends the government more than the actual amou...

Siyam's Company paying off sovereign loan to Exim Bank: Finance Ministry

psmnews.mv/en/72892
07 Aug 2020

Ministry of Finance has revealed Ahmed Siyam Holdings Private Limited (ASH) has been paying the loan taken from the Export-Import Bank of China under a sovereign guarantee from the government of the M...

Ahmed Siyam Holdings pays off sovereign loan to EXIM Bank: Finance Ministry

edition.mv/news/18325
Ahmed Aiham 06 Aug 2020

Ministry of Finance revealed on Thursday that the sovereign guarantee of USD 127.5 million (MVR 2 billion), which was granted to Ahmed Siyam Holdings Pvt Ltd (ASH), has been paid back in full to the E...

MIRA recuperates MVR 2M by freezing bank accounts

en.sun.mv/62068
02 Aug 2020

Maldives Inland Revenue Authority (MIRA) has said that as part of the efforts to recover state assets, it had obtained MVR 2 million by freezing various accounts. The first quarter report for 2020 pub...

National bank introduces online token service

avas.mv/en/85576
11 Jul 2020

Bank of Maldives, BML has introduced virtual queueing for services at Male’ based branches and service centres via online queue tokens. With this change, customers can request for tokens for the Bank...

National Bank installs solar streetlights in Kumundhoo

avas.mv/en/84927
29 Jun 2020

Bank of Maldives (BML) has installed solar streetlights in Hdh. Kumundhoo under its ‘Aharenge Bank Community Fund”. BML said 22 solar-powered streetlights have been installed in the main road of the...

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psmnews.mv/en/167822
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psmnews.mv/en/167821
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