National debt at MVR 172 BILLION

Male', Maldives - National Debt Report complied by the parliament has shown that the national debt of Maldives adds up to a whopping MVR 172 billion. The committee to investigate… Continued

Palm Beach Resort up for sale again

Male’, Maldives – Palm Beach Resort has been put up for sale once again by State Bank of India (SBI), after being put up for sale twice earlier, both which failed… Continued

MMA suspends issuing money exchange license

Male', Maldives - Maldives Monetary Authority has announced that the central bank was temporarily suspending the issuance of money changer license from October 15 onward. MMA stated that they had… Continued