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State Revenue Up 10.9% in First Seven Months of 2026
State revenue and grants increased by 10.9 percent to MVR 24.1 billion as of July 23, 2026, according to the…
Fact Check: Boduthakurufaanu Magu flooding was not caused by road defects or a design flaw
Videos circulating on social media claiming that the newly developed section of Boduthakurufaanu Magu flooded due to construction defects are…
Dollar blackmarket crackdown: MMA revokes Express Money Exchange licence
The Maldives Monetary Authority (MMA) has revoked the money-changing licence of Express Money Exchange Private Limited after regulatory supervision found…
MACL joins Maldives delegation in Russia to strengthen tourism and air connectivity
Maldives Airports Company Limited (MACL) has joined a high-level Maldivian delegation visiting Russia this week as part of efforts to…
BML CEO Mohamed Shareef appointed chairman of Asian Bankers Association
Mohamed Shareef, Chief Executive Officer and Managing Director of Bank of Maldives (BML), has been appointed Chairman of the Asian…
Maldives-Türkiye Preferential Trade Agreement Enters into Force
The Maldives-Türkiye Preferential Trade Agreement (PTA) officially came into effect on August 1, marking a new chapter in economic cooperation…
More heavy rain expected today, Yellow Alert in effect
The Maldives Meteorological Service (MET Office) has issued a Yellow Alert covering the region from Haa Alifu Atoll to Meemu…
BML sells USD 2.7 million on average each day
Bank of Maldives (BML) is supplying an average of USD 2.7 million per day to individuals and businesses for card…