Gold is one of the most heavily traded commodities in the world of foreign exchange (Forex) market, and there are reasons for…
The year-to-date total of state expenditure reached MVR 30.8 billion as of September 07, reported the Ministry of Finance. According to the…
The cumulative total of Goods and Services Tax (GST) as of August 24, reached MVR 8.5 billion. From the total GST collection,…
Maldives Monetary Authority (MMA) has reported that the transactions conducted through the Maldives Instant Payment System ‘Favara’ amounted to over MVR 10…
Maldives Vice President Faisal Naseem highlighted the importance of establishing housing finance banks in the island nation. VP Naseem said this while…
The cumulative total of state expenditures reached MVR 27.7 billion as of August 17, 2023, reports the Ministry of Finance. According to…
Maldives Monetary Authority (MMA) launches the instant payment system ‘Favara’ on August 26, Saturday. The new instant payment system was launched by…
Local authorities have issued a no-fly order on former Maldives Parliament member Alhan Fahmy for an ongoing investigation conducted by the Maldives…
Maldives remitted USD 29.3 million to Sri Lanka in Q1-2023, the Sri Lankan central bank reported. Sri Lanka’s “Economy Next” reports Maldives…
Coinbase, the largest cryptocurrency exchange in the United States, recently received approval to offer crypto derivates. This gives investors a regulated, US-based…