SDFC Extends Loan Repayment Period to 10 Years
SME Development Finance Corporation Limited (SDFC) has extended the repayment duration for loans issued during the COVID-19 pandemic to a…
Reduced Capital Spending Will Impact Economic Growth: Deputy Governor
Deputy Governor of the Maldives Monetary Authority (MMA), Ahmed Imad, has said that the reduction in capital expenditure will have…
Maldives’ Budget Deficit Climbs to MVR 215 Million; Trend Expected to Continue
The expenditure spike in March will see the state face its first deficit for 2024 after revenue exceeded expenditure in…
Government Launches MVR 100 Million ‘Fashaa Madhadhu’ Schemes for Women Entrepreneurs
The SME Development Finance Corporation (SDFC) and the Ministry of Economic Affairs and Trade have jointly launched the ‘Fashaa Madhadhu…
China Slashes Interest Rates to Boost Ailing Property Sector
China’s central bank has announced a cut on interest rates for loans which extend five years or longer to 3.95…
Loans Outstanding Rise to MVR 40 Billion in December: MMA
Banks and financial institutions have issued MVR 40 billion worth of loans to private businesses and individuals, according to the…
