MMA Forecasts 2024 Growth at 4.9%
The Maldives’ economy is projected to grow 4.9 percent this year, following a 4 percent growth in GDP in 2023,...
Central Bank Projects National Reserves to Rise to US$605.7 Million by End of 2024
The Maldives Monetary Authority (MMA), in its latest Quarterly Economic Bulletin, has projected an optimistic outlook for the nation’s economy,...
BCC Engages International Consultant for Feasibility Study on Addu City Garment Factory
The Business Center Corporation (BCC) has revealed the engagement of an international consultant to conduct feasibility studies for the proposed...
STO Proposes MVR 80 per Share Dividend for 2023, Highest in 17 Years
The State Trading Organization (STO) has announced plans to propose a dividend of MVR 80 per share for 2023 at...
Government Seeks MVR 2 Billion Through Treasury Bill Issue
The Ministry of Finance has issued Treasury Bills (T-bills) amounting to MVR 2 billion to cover government expenditure. The T-bills...
BML Introduces First US Dollar ATM Outside Malé on Maafushi Island
Bank of Maldives (BML) has launched its first-ever US-dollar ATM services outside Malé City. The ATM has been installed at...
STO Announces Record Date for 2023 Dividends
The State Trading Organization (STO) has designated 26 June as the ‘record date’ for the distribution of dividends for the...
Fisheries Union Expresses Concern Over Plans to Reintroduce Longline Fishing
The Bodu Kanneli Masveringe Union (BKMU), representing yellowfin tuna fishermen in the Maldives, has voiced apprehension over the Mohamed Muizzu...
STO to Hold Informal Meeting With Shareholders on 8 June
State Trading Organization (STO) has invited its shareholders for an informal meeting on Saturday, 8 May, at 11 a.m. The...
Maldives Briefs Thai Chamber of Commerce Delegates on Investment Opportunities
The Maldives’ Ministry of Economic Development and Trade has hosted a briefing session at CROSSROADS Maldives for delegates from the...
