998 scam cases so far this year, MVR 23 million lost!
Malé, Maldives - Commissioner of Police Mohammed Hameed said today, that so far this year, 998 cases of scams have been reported. Speaking at the launch of the Multi-Agency Workshop… Continued
Business
Sri Lanka asks for Maldivian investments to rebuild economy
Colombo, Sri Lanka - Sri Lankan President Ranil Wickremesinghe has asked Maldives to provide financial assistance to the country in its efforts to revive the economy. Vice President Faisal Naseem,… Continued
Money deposited in banks decrease by 10pc
Malé, Maldives - Maldives Monetary Authority’s statistics has shown that bank deposits declined by 10 percent in the third quarter of this year. According to the Monetary Authority of Maldives… Continued
Number of foreigners allowed on fishing vessels increased
Malé, Maldives - The number of foreigners allowed to work in fishing vessels has been increased by the government. The Fisheries Ministry yesterday amended the Rules on Planning, Conducting and… Continued
Yameen’s trial over, date of verdict to be announced!
Malé, Maldives - Criminal Court of Maldives has concluded the trial former President Yameen Abdul Gayoom for money laundering and bribery in connection to V. Aarah. Prosecution is charging former… Continued
Mobile SIM sale rules tightened
Malé, Maldives - The Communications Authority of Maldives (CAM) has tightened the rules for selling mobile SIMs. Communications Authority of Maldives (CAM) announced the change in sale of Subscriber Identification… Continued
Maldives’ independence is mortgaged: MP Ali Hussain
Malé, Maldives - Maldives’ independence has been mortgaged, said Kendhoo MP Ali Hussain referring to India's USD 100 million loan to Maldives as budget support. Ali said this is a… Continued
India provides $100 million loan to Maldives
Malé, Maldives - India has given Maldives USD 100 million loan as budgetary support through a Treasury Bond sale to the State Bank of India branch in Malé, Maldives. According… Continued
2023 Budget: MVR 42.8 billion passed by Parliament
Malé, Maldives - Parliament of Maldives has approved the government's budget of MVR 42.8 billion for next year. The budget was passed by 61 votes out of 69 in the… Continued
Opposition to propose MVR 6.8 billion cut down to 2023 budget
Malé, Maldives - The opposition PPM/PNC coalition has decided to propose some amendments to the report prepared by the parliamentary committee on the budget for next year. The parliamentary group… Continued
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