MTCC to Distribute MVR 32.2 Million as Dividend; MVR 4 per Share
The Maldives Transport and Contracting Company (MTCC) board has approved a dividend disbursement of MVR 4 per share for the...
STO Reduces Fuel Prices
The State Trading Organization (STO) has announced a reduction in the prices of diesel and petrol, attributing the adjustment to...
BCC to Explore Salt Production and Processing Possibilities in Maldives
The government is looking into the possibility of setting up a table salt production and processing operation in the country,...
Malé, Funadhoo to be Connected via Monorail
Minister of Economic Development and Trade Mohamed Saeed has unveiled plans to develop a monorail network connecting Malé to the...
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...
