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Maldives economy expected to improve in 2021: World Bank

avas.mv/en/84245
15 Jun 2020

The World Bank has predicted that the Maldives economy will increase between 7.9 to 8.5 percent in the upcoming year. The latest 'World Bank Maldives Development Update' report published by the bank s...

World Bank: Maldives should focus on renewable energy investments

en.sun.mv//61088
15 Jun 2020

The World Bank, in its report ‘World Bank Maldives Development Update: In Stormy Seas’, said increasing investments in renewable energy can contribute to post coronavirus pandemic economic recovery an...

National bank to reissue 350 cards

avas.mv/en/84167
14 Jun 2020

Bank of Maldives (BML) has stated that no customers' card information has been leaked from the bank. The bank made the statement in response to accusations on social media that said details of several...

World Bank grants USD12.8 mln for Maldives' income support plan

edition.mv/business/1718...
Fathmath Shaahunaz 11 Jun 2020

The World Bank’s Board of Executive Directors approved on Tuesday to extend USD 12.8 million for the 'COVID-19 Emergency Income Support Project', to support the Maldivian government to mitigate the ec...

Maldives condemns Israel's proposal to annex the occupied West Bank

edition.mv/news/17180
Fathmath Shaahunaz 10 Jun 2020

Maldives on Wednesday strongly condemned Israel's proposal to annex large parts of occupied Palestinian territories. Minister of Foreign Affairs Abdulla Shahid made the declaration on behalf of the Ma...

World Bank approves USD 12.8 million income support project in the Maldives

psmnews.mv/en/69706
10 Jun 2020

The World Bank has approved a USD 12.8 million Emergency Income Support Project in the Maldives to mitigate the impact of COVID-19 on vulnerable workers and their families. In a press statement releas...

World Bank approve USD12.8m to assist redundant employees

mbr.mv/9928/
Editorial 10 Jun 2020

The World Bank’s Board of Directors on Wednesday, have approved a USD12.8 million project to assist Maldivian workers facing corporate redundancies. This initiative is a discoursed remedy towards offs...

Elevated extreme poverty to persist through 2021: World Bank

edition.mv/world/17168
10 Jun 2020

Global economic growth could rebound next year -- but the number of people living in extreme poverty is expected to remain unchanged after a huge surge this year due to the coronavirus pandemic, the W...

World Bank approves MVR 197 million for Maldives’ income support scheme

en.sun.mv/60984
10 Jun 2020

The World Bank’s board of executive directors, on Tuesday, approved a USD 12.8 million (MVR 197.38 million) COVID-19 emergency income support project to assist Maldives mitigate the economic impact of...

COVID-19: Maldives' central bank to resume some services

avas.mv/en/83940
10 Jun 2020

Central bank, Maldives Monetary Authority (MMA) has planned to resume some of its services that were suspended in response to the COVID-19 pandemic. According to MMA, the bank plans to resume its ser...

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Latest Articles

Chinese Ambassador says China’s development will create positive opportunities for the Maldives and the wider world

en.sun.mv/103144
3 hours ago

Mayor Athif says MVR 1.5 million spent on each SPD over five years could instead build guesthouses and boost productivity

en.sun.mv/103143
4 hours ago

MDP president says people are being made ‘wage slaves’ as SOE staff face political pressure

en.sun.mv/103142
5 hours ago

Seaplane services launched in Thoddoo, fulfilling presidential pledge

psmnews.mv/en/174409
5 hours ago

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