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World Bank pledges USD 10 million to Maldives virus relief fund

en.sun.mv/59037
25 Mar 2020

The World Bank has pledged USD 10 million to the COVID-19 emergency relief fund set up by Maldives. The decision was announced during a press conference by President Ibrahim Mohamed Solih at the Natio...

Ready to support local economy: National bank

avas.mv/en/80236
24 Mar 2020

National bank Bank of Maldives (BML) has stated that it is ready to support the local economy during the current global crisis affecting the country's economy. The bank's audited financial statements...

India's Yes Bank founder arrested on money laundering allegations

edition.mv/world/15374
08 Mar 2020

The founder of India's Yes Bank was arrested on allegations of money laundering Sunday, amid efforts to formulate a rescue plan for the country's fourth-largest private lender. In a late-night move Fr...

World Bank unveils $12 bn aid package to combat coronavirus

edition.mv/world/15308
04 Mar 2020

The World Bank unveiled a $12 billion aid package on Tuesday that will provide fast-track funds to help countries combat the coronavirus outbreak. "The goal is to provide fast, effective action that r...

Indian Exim Bank to loan funds for Gulhifalhu Port development

avas.mv/en/78015
12 Feb 2020

Maldives government has revealed that an expenditure of US$ 300 million will be incurred to develop the Gulhifalhu port, and that the funds will be arranged via the Indian Exim Bank in the form of a l...

US ambassador to Israel warns against West Bank annexation

en.sun.mv/58167
10 Feb 2020

JERUSALEM (AP) — The U.S. ambassador to Israel has cautioned Israel against “unilateral action” in annexing West Bank settlements, warning that such a move could endanger the Trump administration’s re...

BML opens application proposals for ''Aharenge Bank'' Community Fund

en.sun.mv/58056
02 Feb 2020

Bank of Maldives has opened applications for proposals under its “Aharenge Bank” Community Fund.  A program to empower individuals and NGOs to contribute to their communities through sustainable proje...

BML Opens Applications for “Aharenge Bank” Community Fund

mbr.mv/8600/
Editorial 02 Feb 2020

Bank of Maldives (BML) has opened the applications for “Aharenge Bank” Community Fund. The Aharenge Bank Community Fund is  a program to empower individuals and NGOs to contribute to their communities...

Israel postpones move to annex large parts of West Bank

en.sun.mv/57997
30 Jan 2020

JERUSALEM (AP) — Israel has postponed a move to annex large parts of the West Bank, a government minister said Wednesday, a day after Prime Minister Benjamin Netanyahu vowed to quickly act on the Trum...

Economic growth of Maldives stalled in 2019: World Bank

psmnews.mv/en/62372
12 Jan 2020

World Bank has revealed the economic growth of Maldives stalled in 2019. In its Global Economic Prospects Report, the World Bank attributed the decreased progress of the construction industry to the s...

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