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India approves INR 30 billion currency swap extension, strengthening Maldives financial stability
India has approved the Maldives government's request to roll over an INR 30 billion currency swap facility, reaffirming its commitment to supporting the country's financial stability and strengthening bilateral economic…
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BML joins ICIA 2026 as Platinum Partner to advance research in Maldives
Bank of Maldives (BML) has become a Platinum Partner of the 11th International Conference on Intellectual Advancement (ICIA 2026), the…
Inguraidhoo power capacity rises to 2,200 kW with new 800 kW generator
Electricity generation capacity in R. Inguraidhoo is set to nearly double following the delivery of a new 800 kW generator,…
MMA seeks feedback on two new financial sector regulations
The Maldives Monetary Authority (MMA) has opened public consultation on two proposed regulations covering consumer protection in the financial sector…
STO launches ‘Salhiey Makita’ promotion with MVR 50,000 grand prize
State Trading Organization (STO) Construction Solutions has launched its annual "Salhiey Makita" promotion, offering customers the chance to win an…
MTCC moves to revive long-awaited Hiyaa housing project for employees
Maldives Transport and Contracting Company (MTCC) has begun discussions with Housing Development Corporation (HDC) to secure land for the revival…
STO brings GE HealthCare’s portable ultrasound technology to Maldives
State Trading Organisation (STO) has introduced GE HealthCare’s Vscan portable ultrasound devices to the Maldivian market, offering healthcare providers a…