The Maldives Inland Revenue Authority (MIRA) has recovered MVR 639 million in outstanding tax debt through strong enforcement actions during the last…
The Bank of Maldives (BML) is celebrating 20 years of exclusive partnership with American Express. While the celebratory kick-off event was held…
The State Bank of India (SBI) has subscribed the USD 50 million government treasury bill (T-bills) for one more year. Subscription of…
The Maldives government, via the Maldives Inland Revenue Authority (MIRA), collected a revenue of MVR 1.98 billion for the month of August…
Bank of Maldives (BML) Chief Executive Officer, Karl Stumke, has resigned from his post. The bank confirmed Stumke’s resignation on Monday in…
The Maldives’ official reserves, inclusive of the usable reserve and the Sovereign Development Fund (SDF), are projected to reach above USD 606…
The top global credit rating agency, Fitch Ratings has downgraded the Maldives’ credit rating from ‘CCC+’ to ‘CC’, marking the second ratings…
The Bank of Maldives (BML) on Sunday afternoon reverted its earlier decision of suspending foreign transactions on debit cards. The bank on…
The black market exchange rate of US dollars has significantly lifted after Bank of Maldives (BML) announced decision to suspend foreign transactions…
The Bank of Maldives (BML) on Sunday announced changes to its card limits for foreign transactions. The changes, effective immediately, are in…