Only MVR 183 from Addu to national Green Fund in August
Male', Maldives - The latest Green Fund report by Ministry of Finance of Maldives has revealed that Addu City only contributed MVR 183 to the national Green Fund during the… Continued
Business
Palm Beach Resort outs SBI’s predatory foreclosure
Palm Beach Island Resort & Spa, Maldives - Palm Beach Island Resort and Spa has publicly raised multiple allegations against State Bank of India (SBI), based in Maldives, including unlawful… Continued
Students of AAA unable to fly – licenses in limbo
Addu City, Maldives - The budding higher education system of Maldives takes pride in the progress which the country has made over the years, having have established multiple universities and… Continued
Large infrastructure investments should be postponed: World Bank
Washington DC, USA - The World Bank has said that postponing large public infrastructure investments that are not urgently needed would help address Maldives fiscal and debt sustainability risks amid… Continued
“Fenaka Institute for Training and Research” launched
Male', Maldives - Fenaka Corporation Limited has launched their staff training and development center under the name Fenaka Institute for Training and Research yesterday. Fenaka said that this institute is… Continued
BML unblocks PayPal in Maldives
Male', Maldives - Bank of Maldives (BML) has unblocked the worldwide online payment system, PayPal, after blocking the system following unusual and unauthorized deductions from the Banks' customers through PayPal. Speaking… Continued
International cargo shipping starting to Addu and Huvadhoo
Male', Maldives - Presidents Office has announced that the government has made the necessary arrangements for cargo ships to operate directly from India to Addu City and Huvadhoo atoll. These… Continued
Mahaa Jaraafu boasts with 100% Maldivian crew
Male', Maldives - Maldives Transport and Contracting Company’s (MTCC) has announced that they have changed the crew of their trailing suction hopper dredger "Mahaa Jarraafu" to all Maldivians. MTCC announced… Continued
USD 520 million received as Covid-19 financing
Male', Maldives - Minister of Finance, Ibrahim Ameer has stated that the governemnt has received a total of USD 520 million as Covid-19 financing through aid and loans from different… Continued
BML distributes MVR 532 million in loans to large businesses
Male', Maldives - Bank of Maldives (BML) has given out MVR 532 million in loans to large enterprises which were affected by Covid-19 pandemics impact on the economy. According to… Continued
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