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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 violations of the Money Changing Business Regulations. The decision, announced…
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MMA to Open for One Day Only During Eid Holidays
The Maldives Monetary Authority (MMA) has announced that banking services will be available for only one day next week due…
MTCC Continues Rapid Progress on Boduthakurufaanu Magu
Maldives Transport and Contracting Company (MTCC) has announced that 68 percent of the sheet piling work under the first phase…
What Happens to Worn-Out Maldivian Banknotes?
A recent competition launched by the Maldives Monetary Authority (MMA) has sparked curiosity online, with many questioning whether the central…
STO Launches ‘My STO Loyalty’ Rewards Programme
State Trading Organization (STO) has officially introduced a new loyalty programme aimed at offering exclusive rewards and shopping benefits to…
Customer Deposits Fully Protected, Says BML CEO Shareef
Bank of Maldives CEO and Managing Director Mohamed Shareef has rejected claims that customer dollar deposits held at the bank…
Finnish Deep Dive Experts Arrive in Maldives for Rescue Mission
A team of Finnish deep diving specialists has arrived in the Maldives to assist in the ongoing operation to locate…