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LATEST ARTICLES

BML Reduces Equity Requirement for Home Construction Loans

Bank of Maldives has revised its home construction financing terms, lowering the minimum equity requirement for projects valued up to MVR 3...

New Labour Policy Cuts Costs for Over 30,000 Businesses

A policy shift in expatriate labour rules is set to reduce operating costs for small businesses, as authorities move to adjust fee...

PCB Orders SOEs to Cut Costs Amid Middle East Conflict Pressures

State-owned enterprises are being directed to reduce spending as authorities move to limit the economic impact of ongoing disruptions linked to the...

Universal Foundation and Villa College Renew Partnership for Hospitality Programme

A continued collaboration between industry and academia is set to expand training pathways in the Maldives’ hospitality sector, as Universal Foundation and...

Bunkering Service Generates MVR 730 Million Since Launch

Revenue from the Maldives’ international bunkering service has reached MVR 730 million since its introduction, reflecting a sharp increase in activity in...
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