Maldives Monetary Authority (MMA) confirms they will temporarily cease issuing new licenses for money exchanger businesses.
Moreover, the central bank’s decision came on 17 October 2020, Saturday.
In...
The Central Bank has temporarily suspended issuing money exchange licenses to companies.
Maldives Monetary Authority (MMA) said a large number of licenses have been issued in comparison to the populat...
Bank of Maldives (BML), on Thursday, announced the winning proposals for the sixth round of it's 'Aharenge Bank' Community Fund, a nationwide campaign to empower individuals to contribute to society b...
Maldives and the Exim Bank of India have signed the USD 400 million Line of Credit Agreement as funding for the Greater Male Connectivity Project (GMCP).
The agreement was signed by Minister of Financ...
Finance Minister Ibrahim Ameer said on Monday that infrastructure development projects must be continued for the Maldivian economy to overcome the losses it faces due to the ongoing COVID-19 pandemic....
Asia-focused bank HSBC announced Friday that it aims to achieve net-zero carbon emissions across its investments by 2050, but campaigners accused it of falling short on tackling climate change.
"HSBC...
As many as 115 million people could be pushed into extreme poverty this year due to the economic downturn caused by the coronavirus pandemic, the World Bank warned Wednesday.
That is a devastating rev...
The Supreme Court of the Maldives has upheld the ruling issued by the High Court of the Maldives to unfreeze former President Abdulla Yameen’s bank accounts.
The Criminal Court of the Maldives had or...
The Supreme Court of the Maldives has maintained the High Court’s verdict in declaring former president Abdulla Yameen Abdul Gayyoom’s bank account as having been frozen incorrectly.
Maldives Police...
The Supreme Court of Maldives has ruled that a court order to freeze the bank accounts of former President Abdulla Yameen was issued incorrectly.
The Criminal Court issued an order to freeze the acc...
