Business

BML Islamic introduces online application for Personal Financing

April 13, 2022, 17:30

Malé, Maldives - BML Islamic on Wednesday introduced the option to apply online, via internet banking and mobile app to BML Islamic Personal Financing. BML Islamic Personal Financing is ideal… Continued

JUST IN: Government authorizes purchase of all tuna caught by boats in queue

April 13, 2022, 01:51

Malé, Maldives - The Government of Maldives on Wednesday authorized the purchase of all tuna caught by fishing vessels queued at Koodoo. Total catch of all fishing boats in Koodoo… Continued

HDC to provide 629 housing units for employees

April 12, 2022, 13:54

Malé, Maldives - Housing Development Corporation (HDC) on Tuesday announced that 629 housing units will be provided for its employees from Hulhumalé Phase II. In an internal memo circulated to… Continued

Southern fishermen protest at Koodoo Fisheries Complex amid incapacity to purchase tuna

April 12, 2022, 13:39

Gaafu Alif Atoll, Maldivs - Fishermen from five southern atolls have gathered at the Koodoo Fisheries Complex to protest the incapacity to buy fish amid high fishing season. The protests… Continued

Fuvahmulah City drops Safari docking fees from USD 500 per day

April 11, 2022, 15:19

Fuvahmulah City, Maldives - Fuvahmulah City Council on Monday stated that the southern city is dropping its docking fees for safaris starting April 21. The reviewed docking fees are based… Continued

Parliament passes the Electronic Transactions Bill

April 11, 2022, 14:58

Malé, Maldives - In a significant move, the Parliament of Maldives today passed the Electronic Transactions Bill with 44 votes. The bill sponsored by MP Abdulla Waheed of Dhidhdhoo constituency… Continued

SDFC opens loan applications for agriculture and small business

April 10, 2022, 16:25

Malé, Maldives - SME Development Finance Corporation announced for application for their ‘Dhanduveri Nafaa’ loan and ‘Viyafaari Ehee’ on Saturday. https://twitter.com/SDFC_mv/status/1512824655597342720?s=20&t=m9F3U-fivPxLhGdyAB8nfg 'Dhanduveri Nafaa' loan is a collaboration between SDFC and… Continued

Demand for water increases from islands as dry season peaks

April 10, 2022, 16:08

Malé, Maldives - Bottled water companies are shuffling to meet the demand for water as the demand increases exponentially from the islands. As the weather grows hotter at the peak… Continued

MIFCO to bring additional vessel amid escalating tuna supply in the South

April 10, 2022, 15:46

Malé, Maldives - Maldives Industrial Fisheries Company Limited (MIFCO) has decided to bring an additional vessel from abroad to meet the escalating supply of tuna from the south. The decision… Continued

High Court revokes ruling to freeze accounts related to money laundering

April 10, 2022, 15:25

Malé, Maldives - The High Court of Maldives ruled to revoke the Criminal Court's decision to freeze the bank accounts of a company under suspicion of money laundering. Criminal Court… Continued