State Trading Organization (STO) and Allied Insurance have officially transferred the shares they hold at the Maldives Industrial Fisheries Company (MIFCO) to the government. The Maldivian...
Maldives Islamic Bank (MIB) has made positive changes to its online services, making it more accessible and easier for customers to open accounts and seek financial...
The minimum rate for investments in economic activities at areas falling within the Special Economic Zone (SEZ) of the Maldives has been slashed to USD 100...
It has been revealed that Urbanco withdrew two loans valued at MVR 200 million loan from Maldives Islamic Bank (MIB) under sovereign guarantee during September’s presidential...
Two additional banks – Bank of Ceylon (BOC) and Mauritius Commercial Bank (MCB) – have been on-boarded as participants of the Maldives instant payment system, Favara....
India has banned the export of onion until the end of next year’s March. The bulk of Maldives’ onion imports are from India. Thus, the ban...
State Trading Organization (STO) has reduced the prices of fuel and diesel sold in Maldives through its subsidiary Fuel Supplies Maldives (FSM). As such, the price...
Maldives Monetary Authority (MMA) says it supplied more US dollars this year than the last four years, in its efforts to combat the dollar black market....
VALLETTA, Dec. 1 (Xinhua) — Thursday’s decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, to further...
VIENNA, Nov. 30 (Xinhua) — The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Thursday announced further production...