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World Bank's total net commitment to the Maldives at US$ 182 mln

avas.mv/en/99256
28 Apr 2021

The World Bank portfolio in the Maldives currently consists of 10 active operations with total net commitment of $182 million the bank has said. The information was disclosed in a statement released b...

World Bank pledges assistance in rebuilding Maldivian economy

en.sun.mv/66410
27 Apr 2021

The World Bank has stated that it will assist the Maldives in rebuilding its COVID-19 hit economy.  Faris H. Hadad-Zervos the Country Director for Maldives, Nepal, and Sri Lanka of the World Bank visi...

Digital technology can help Maldives build back better: World Bank

psmnews.mv/en/84722
17 Apr 2021

The World Bank has reported the Maldives can leverage digital technologies to build back better for a more green, resilient, and inclusive development following the COVID-19 pandemic. In the “World Ba...

Central Bank's Usable Foreign Currency Reserves at USD 17 mln

themaldivesjournal.com/2...
07 Apr 2021

Reserve data published by the Maldives Monetary Authority shows that the usable foreign currency reserves of the state is at USD 177.8 million by the end of March 2021. By the end of February 2021, t...

Central bank to resolve foreign currency issues in stages

avas.mv/en/97078
17 Mar 2021

Maldives’ Governor Ali Hashim has stated that central bank, Maldives Monetary Authority (MMA) would address the foreign currency issues in the Maldives step by step, in order to avoid any resulting ne...

New Zealand central bank told to focus on rising house prices

edition.mv/business/2210...
25 Feb 2021

New Zealand on Thursday ordered the central bank to consider the housing market when it sets interest rates, a world-first move designed to ease a crisis that saw residential property prices jump 20 p...

Maldives Islamic Bank share profits of 2019 to be distributed

en.sun.mv/65413
23 Feb 2021

The Maldives Monetary Authority (MMA) has permitted the Maldives Islamic Bank (MIB) to distribute shares from profits earned in 2019, MIB has announced. The Annual General Meeting of the MIB was held...

Letter of Intent exchanged with India’s Exim Bank to finance 2,000 housing units

en.sun.mv/65372
20 Feb 2021

The Letter of Intent has been exchanged between Fahi Dhiriulhun Corporation Limited and Exim Bank of India for the design and construction of 2,000 social housing units in suburban Hulhumale’. The pro...

Palestinian shot dead in Jewish settlement in West Bank

edition.mv/world/21895
05 Feb 2021

A Palestinian was shot dead Friday inside a Jewish settlement in the occupied West Bank that he infiltrated overnight, sources from both sides said. Khaled Maher Nofal, a 34-year-old family man and Pa...

National bank to expand deposit, payment services with 100 cash agents

avas.mv/en/94963
01 Feb 2021

Maldives’ national bank, Bank of Maldives (BML) has announced plans to expand its deposit and payment services with Cash Agents in 100 islands within the year. Cash Agents were introduced in 2014 as p...

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Archive is an online platform that serves to preserve the historical record of all news publications in the Maldives.

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