BML blocks online trading from its cards
Male', Maldives - Bank of Maldives (BML) has blocked cards issued by the bank from being used on any cryptocurrency, online trading or gambling websites. In a statement released by… Continued
Business
MIRA payments made possible via m-Faisaa
Male’, Maldives – Ooredoo customers using m-Faisaa can now make payments to Maldives Island Revenue Authority (MIRA) using the m-Faisaa service, says Ooredoo. On November 1st, Ooredoo signed an agreement with… Continued
Bank of Maldives decreases interest rates of some of its loans
Male’, Maldives – Bank of Maldives (BML) has announced that the bank has brought favorable changes to the the profit share and decreased interests rates for several loans provided by the… Continued
India-Maldives cargo ferry still in operation: Amru
Male', Maldives - The Managing Director of State Trading Organization (STO), Hussain Amru has responded to critics who questioned whether the India-Maldives cargo ferry has come to a stop after… Continued
Registration of businesses offering expatriate accommodation made mandatory
Male', Maldives - The government of Maldives has made all business activities which offer the service of arranging accommodations for expatriates to be registered mandatory. As per the regulation gazetted… Continued
MPL cleared 1,894 TEU’s last week
Male', Maldives - Maldives Ports Limited (MPL) has announced that they had cleared a total of 1,488 containers contributing to a total of 1,894 Total Equivalent Units (TEU's) between October… Continued
Largest contributors to annual inflation are Information & Communication sector and housing rent: MMA
Male' Maldives - Maldives Monetary Authority has stated that the largest contributors to the annual inflation rate were information and communication sector, housing rent, tobacco and vegetables. According to the… Continued
MMA signs Instant Payment System implementation agreement with Tieto Latvia SIA
Male', Maldives - Maldives Monetory Authority (MMA) has signed an agreement with the subsidiary company of TietoEVRY, Tieto Latvia SIA to implement the Instant Payment System in Maldives. The Instant… Continued
Promotion budget for Maldives will not be lowered: Minister Mausoom
Male', Maldives - Minister of Tourism, Dr. Abdulla Mausoom has told that the promotional budget for Maldives would not be reduced in 2021. He stated this in an interview he… Continued
MTCC makes a profit of MVR 51 million in third quarter of 2020
Male', Maldives - Maldives Transport and Contracting Company (MTCC) has announced a profit of MVR 51 million in the third quarter of the current financial year. According to their quarterly… Continued
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