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...
Apple’s iPhone Sales Decline Across Global Markets Except Europe
Apple Inc. has reported a decline in iPhone sales across nearly all global markets, excluding Europe, in the latest quarterly...
Garmin Q1 Earnings Beat Expectations
Garmin, the Swiss navigation device maker, surpassed Wall Street estimates for its first-quarter results, showcasing a stellar performance driven by...
STO Revenue Hits MVR 4.49 Billion in Q1
The State Trading Organization (STO) exceeded individual earnings in all quarters of 2023, reporting a first quarter (Q1) revenue of...
Maldives-Türkiye FTA to Provide Preferential Access and Concessions for Maldivian Exporters: Minister Saeed
The Mohamed Muizzu administration has proposed, during negotiations of a bilateral Free Trade Agreement (FTA), to cut tariffs on 214...
