Business

PayPal via mFaisaa: no extra transfer fees, only standard PayPal charges

Maldivians receiving international payments through PayPal can now access their funds via mFaisaa without paying any additional transfer fees to Ooredoo, according to information released by Ooredoo Fintech. The clarification…

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Bank of Maldives Brings Paperless Banking to Kudahuvadhoo

Bank of Maldives has officially opened a newly built branch in Dh. Kudahuvadhoo, marking another step in the Bank’s nationwide…

STO Revenues Hit MVR 15.5 Billion as Profits Rise in 2025

State Trading Organization has reported solid financial results for the fourth quarter of 2025, reflecting broad-based growth across its core…

New Development Bank secures operational permit from MMA

The Maldives Monetary Authority (MMA) has issued the business commencement permit to the Development Bank of Maldives (DBM), formally clearing…

BML Closes 2025 with Record Earnings and Asset Growth

Bank of Maldives (BML) has reported a strong close to 2025, posting robust fourth-quarter earnings and achieving record full-year financial…

Malé Northside Road Segment 2 Advances Rapidly, 260m Sheet Piling and 65% Reclamation Done

Segment 2 of the Malé Northside Boduthakurufaanu Magu Road Development Project has recorded significant progress, with Maldives Transport and Contracting…

DhiraaguPay Promotion Concludes With MVR 50,000 Cash Prize Winner

Dhiraagu Fintech has announced Mohamed Ibrahim as the winner of its MVR 50,000 DhiraaguPay promotion, marking the conclusion of a…