Maldives to Operationalise Development Bank in July
The Development Bank of Maldives (DBM) will come into operation in July, Minister of Economic Development and Trade Mohamed Saeed...
BML Launches ‘Bank Fund’ to Promote Community Projects
The Bank of Maldives (BML) has announced the launch of its ‘Bank Fund’, an initiative that empowers civil society organisations...
Maldives Launches Sea-to-Air Cargo Transhipment Service
The Maldives has successfully executed the first movement of cargo under the new sea-to-air transhipment service. This innovative service combines...
Finance Ministry Issues Treasury Bills Worth MVR 4.5 Billion
The Ministry of Finance has issued Treasury Bills (T-bills) totalling MVR 4.5 billion in response to the government’s fiscal demands....
Maldives, ITFC Seal Partnership to Sell Carbon Credits
The Maldives has inked a memorandum of understanding (MoU) with the International Islamic Trade Finance Corporation (ITFC), a member of...
BML Integrates WeChat Pay Into Digital Payment Platform
The Bank of Maldives (BML) has announced the integration of WeChat Pay, a popular Chinese payment application, into its point-of-sale...
Maldives Signs Development Agreements With Dubai’s IFZA
The Maldives government has entered into development agreements with the International Free Zone Authority (IFZA), based in Dubai, to enhance...
Initiating Fiscal Reforms Essential to Maldives’ Sustained Economic Growth: World Bank
The World Bank has called for the urgent implementation of the Maldive’s planned financial reforms, saying such action is essential...
MFMC to Develop 14 Islands in Gaafaru Lagoon for Private Real Estate
The Maldives Fund Management Corporation (MFMC) signed a formal agreement with Atoll Works Private Limited on Wednesday for a comprehensive...
Maldives’ Fish Exports Decline 48% in Q1
The Maldives’ fish exports fell 48 percent in the first quarter (Q1) this year compared to the same period last...
