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...
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...
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...
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...
The World Bank revealed that Maldives was included among nine countries ranked to be in debt distress or at high risk as a result of loans from China.
Recently published to support the G20 Debt Servic...
Bank of Maldives (BML) on Monday announced the five winning proposals of the first quarter to provide funds under “Aharenge Bank Community Fund”.
BML said funds would be transferred to five parties wh...
The Bank of England on Thursday unveiled an extra £100 billion of cash stimulus to prop up Britain's coronavirus-hit economy, despite a slump less severe than first thought.
The BoE, reporting the out...
The World Bank expect Maldives economy will improve between 7.9 to 8.5 percent in the coming year of 2021.
According to the bank’s “World Bank Maldives Development Update” report, the economic impact...
World Bank on Monday stated that increased investments in renewable energy can contribute to the post-COVID-19 economic recovery of Maldives and create more job opportunities.
According to the latest...
The Finance Ministry of Maldives has signed an agreement for a loan of EUR 20 million with The European Investment Bank (EIB).
The loan comes as a part of European action to help sustain the local eco...
