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Indian Expats Hit Hard as SBI Maldives Reduces Remittance Limit; HCI Steps In for Relief
Indian expatriates in the Maldives are grappling with severe financial strain after the State Bank of India (SBI) Maldives announced a sharp reduction in its monthly remittance ceiling from USD…
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MWSC Launches $13 Million Bond for Investors to Fund Development Projects
State utility provider Malé Water and Sewerage Company Private Limited (MWSC) has listed a $26 million bond on the Maldives…
Maldives Targets Early Completion of Velana International Airport’s New Passenger Terminal
The Maldivian government is intensifying efforts to complete the new passenger terminal at Velana International Airport (VIA) ahead of schedule,…
BML and American Express Celebrate 20 Years of Partnership
The Bank of Maldives (BML) and American Express commemorated 20 years of their exclusive partnership at a celebratory event, reflecting…
Minister Shareef Stresses Balanced Development in Maldives’ Growth Agenda
Minister of Cities, Local Government, and Public Works, Adam Shareef Umar, has underscored the government’s commitment to combining infrastructure projects…
Tourism Minister Announces MVR 437 Million in Non-Tax Revenue from Tourism Sector
Tourism Minister Ibrahim Faisal has announced that the Maldives' tourism sector has contributed MVR 437 million in non-tax revenue this…
Air India Launches Daily Direct Flights to Maldives from Mumbai and Delhi
Air India has introduced daily direct flights connecting Mumbai and Delhi to Malé, offering travelers a more convenient route to…