Fitch downgrades Maldives’ credit rating

Male’, Maldives – Fitch Ratings Inc., an American credit rating agency has downgraded Maldives' long-term foreign-currency Issuer Default Rating (IDR) from ‘B’ to ‘CCC’. Fitch states that "the downgrade of… Continued

All flights grounded at Addu flying school

Male’, Maldives – With all aircrafts of Addu flying school grounded for maintenance, the courses of the students studying at the facility have come to a standstill In an interview… Continued

BML announces no mortgage Green Loans

Male’, Maldives – Bank of Maldives (BML), has introduced unsecured Green Loans for personal and business customers hoping to invest in renewable energy. BML said that eligible personal banking customers can… Continued