Ex-President Yameen Slams BML for Issuing Excessive Funds to Government
Former President Abdulla Yameen Abdul Gayoom has said that the Bank of Maldives (BML) is at imminent risk due to...
Government Secures MVR 800 Million Loan to Pay Salaries
The government has taken out a loan of MVR 800 million to pay the salaries of public sector employees this...
Regulation Change on Foreign Vessels Grants Exclusivity to Maldivian Businesses
Only companies that are 100 percent locally owned can act as agents for foreign tourist vessels, the Ministry of Tourism...
MMA Urges Tourism Industry to Retain Higher Percentage of USD Revenue Within Banking System
The Maldives Monetary Authority (MMA) has held closed-door discussions with the tourism industry with a view to increasing the amount...
Government Slashes Over MVR 2 Billion from 2024 Budget Amid Funding Shortfall
The Muizzu government has reduced more than MVR 2 billion from this year’s MVR 49.8 billion budget as part of...
Habeeb Named BML Chair; New Directors Appointed
The Bank of Maldives (BML) on Saturday announced the appointment of new directors and a chairperson to its Board of...
Aishath Sajny Resigns from Bank of Maldives Board Amid Leadership Turmoil
Aishath Sajny, one of the government’s representatives on the Board of Directors of the Bank of Maldives (BML), has resigned...
Opposition Leader Praises India for T-Bill Rollover Amid Economic Challenges
Opposition leader and Maldivian Democratic Party (MDP) chairperson Fayyaz Ismail has commended India for its continued support to the Maldives,...
Bunkering Services Launched After Multiple Delays
The long-postponed bunkering service, touted by the Mohamed Muizzu administration to expand the Maldives economy by US$400 million annually, finally...
India Rolls Over $50 Million Treasury Bill for Maldives Amid Geopolitical Tensions
At the request of the Government of Maldives, the State Bank of India (SBI) has rolled over a $50 million...
