The Bank of Ceylon (BOC) and Mauritius Commercial Bank (MCB) have successfully onboarded as the new participants of Favara – the Maldives…
The current government has spent MVR 520 million in expenses in their first week in office, while generated an income of MVR…
The reclamation project of Fushidhiggaru lagoon has been excluded from the 2023 State Budget by the Maldives parliament. The parliament’s budget committee…
The government’s expenditure has reached to MVR 39.5 billion as of November 16, 2023, reports the Ministry of Finance. According to the…
Maldives Customs Service has revealed a total of MVR 31.7 million has been confiscated by the authority in the past six years…
MedTech has disbursed MVR 2 million in its debut Sukuk payout. Earlier in 2023, MedTech Diagnostic sold Sukuk to interested investors in…
Maldives parliament on Monday, November 20, approved the MVR 6.5 billion supplementary budget for the current year. As approved by the budget…
According to the Ministry of Finance, the outgoing government which ended its term on November 17, had acquired USD 3.5 billion (MVR…
The Maldives government has announced its plans of selling MVR 5.2 billion worth treasury bills (T-Bills) to adjust the state’s expenditure. Ministry…
President Dr. Mohamed Muizzu, fresh off of his oath taking, appointed the ministers to his cabinet on Friday evening, November 17. The…