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Bank of Maldives appoints two Maldivian directors

edition.mv/business/1946...
Ahmed Aiham 01 Oct 2020

Bank of Maldives (BML), on Wednesday, appointed two locals Moosa Nimal and Ahmed Aseef as its Director of Retail and SME Banking, and Director of Corporate Banking, respectively. We are pleased to ann...

World Bank wants USD12 bn for virus vaccine in poor nations

edition.mv/world/19456
30 Sep 2020

The World Bank on Tuesday said it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against Covid-19. The bank has already implem...

MPS investigating two cases related to funds in Yameen’s bank accounts

psmnews.mv/en/75105
21 Sep 2020

Maldives Police Service (MPS) has stated two cases related to the funds in former President Abdulla Yameen’s bank accounts are currently under investigation. Investigation officers of MPS made the sta...

Pandemic threatens child education, health gains: World Bank

edition.mv/world/19193
17 Sep 2020

The coronavirus pandemic threatens to erase progress made in the last decade in improving child education and health, particularly in the poorest countries, the World Bank said on Wednesday. The concl...

Questions raised over request to freeze Ex-President Yameen’s bank accounts

psmnews.mv/en/74812
14 Sep 2020

Supreme Court of the Maldives has raised questions over the request of the state for a court order to freeze the bank accounts of former President Abdulla Yameen. The Criminal Court of the Maldives ha...

Civil Court orders freeze on Sun Travel bank accounts

edition.mv/business/1906...
Ahmed Aiham 11 Sep 2020

The Civil Court, on September 6, released an order to freeze the accounts of Sun Travel and Tours, owned by Maldives Development Alliance’s leader and parliamentary representative of Meedhoo, Shaviyan...

Finance Minister Ameer's defense: did not permit payment without bank guarantee

edition.mv/news/18749
Shahudha Mohamed 27 Aug 2020

Minister of Finance Ibrahim Ameer, on Thursday, asserted that he did not permit the Ministry of Health to transfer 90 percent of the payment without a bank guarantee, referring to the ventilators proc...

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...

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