Abill has been submitted to the parliament which proposes a fine up to MVR 1 million for foreign investors found in violations of laws. The objective...
Customs revenue rose by 3 percent in September, while both imports and exports declined. The monthly statistics released by Maldives Customs Service on Saturday show Maldives...
The World Bank warns that Maldives’ debt servicing is expected to surpass USD 1 billion in 2026, limiting the country’s ability to absorb further shocks to...
Finance Minister Ibrahim Ameer, on Wednesday, stated that Maldives’ Gross Domestic Product (GDP), if not for the COVID-19 pandemic, would have been at MVR 140 billion...
Given that governments in eurozone have or will opt out of the supportive measures which were put into place in the face of the surging energy...
Bank of Maldives (BML) has posted a net profit after tax of over MVR 550 million for the second quarter of the year. The national bank’s...
In addition to the lack of transparency in market regulations, lower-than-expected market demand, inadequate infrastructure development, low labor skills, and poor business environment have all contributed...
Maldives Islamic Bank (MIB) has opened a new business center in H. Marinedream, where the Bank of Maldives (BML) USD ATM was previously located. The new...
BEIJING, July 3 (Xinhua) — The financial governance mechanism of the BRICS-led New Development Bank (NDB) is “very fair,” Dilma Rousseff, the bank’s president, has said....
SHANGHAI, June 6 (Xinhua) — China’s first domestically-built large cruise ship completed its undocking in Shanghai on Tuesday, marking its complete transition into the dock mooring...
