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BML enables MSMEs to accept international card payments in US dollars
Bank of Maldives (BML) has opened applications for its Payment Gateway service to micro, small and medium enterprises (MSMEs), allowing businesses to accept payments from overseas customers and receive the…
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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…
HDC posts MVR 2.01 billion profit as Auditor General issues clean audit opinion
Housing Development Corporation (HDC) recorded a net profit of MVR 2.01 billion in 2024, as the Auditor General issued an…
STELCO explores stronger energy sector cooperation with UAE
State Electric Company Limited (STELCO) Managing Director Dr. Ali Azwar has met with the United Arab Emirates' Head of Mission…
Black market dollar sellers could face MVR 1 million fines under new law
Individuals caught buying or selling US dollars and other foreign currencies outside the official exchange rate could face fines of…
Maldives and Russia agree to increase flight frequencies as tourism ties expand
The Maldives and Russia have agreed to increase flight frequencies operated by Russian airlines, as the two countries seek to…