CA Maldives Expands Global Network with New Regional Affiliation
CA Maldives joins CAPA, expanding its global network and integrating Maldivian accountancy into international community.
Section
Finance
BML Expects FX Flow to Stabilise by Next Week Following Rise in Outflows
BML anticipates foreign currency transfer times normalising next week after a sharp surge in dollar…
BML Rejects Claims of Role in Gov’t’s USD 50m Treasury Bill Repayment
BML denies involvement in government's USD 50 million Treasury bill repayment to SBI.
MIRA Statistics Show More Than 60,000 Income Taxpayers in Maldives
MIRA reports over 60,000 individual taxpayers as government reforms Aasandha coverage for high-income earners.
Internal Audit Association Prepares to Host 360 Degree Summit Next Month
Internal Audit Association readies second annual 360 Degree Summit on 6 September, expecting 100 delegates.
USD 76 Million Exchanged Through Unlicensed Currency Services, Minister Says
Minister says USD 76 million exchanged through unlicensed currency services, possibly constituting money laundering.
MMA Targets Rufiyaa-Based Financial System by 2030
MMA plans reforms to make Rufiyaa the primary currency for Maldivian transactions by 2030.
Maldives’ Ninth Commercial Bank MPB Begins Operations
Maldives Premier Bank, the ninth commercial bank, opens in Malé with digital services launched.
MMA Increases Banks’ Weekly Dollar Supply by 51%
MMA boosts banks' weekly dollar supply by 51% to ease importers' foreign currency access.
M.H.A. Launches MVR 30 Million Sukuk for Hulhumale’ Promenade Project
M.H.A. launches MVR 30 million sukuk to finance Hulhumale' Promenade commercial development project.
Maldives Financial Expo 2026 to Bring Financial Sector Under One Roof
The Maldives Monetary Authority will host the Maldives Financial Expo 2026 at Hulhumalé Central Park…
BML Clarifies Claims of 40% Fee on Foreign Transactions as False
Bank of Maldives (BML) has rejected as false claims that it will impose an additional…
Fitch Assigns BML ‘CCC-’ Rating with Stable Outlook
Bank of Maldives (BML) has received a Long-Term Issuer Default Rating (IDR) of ‘CCC-‘ with…
BML Says Subscription Payments Unaffected by Foreign Spend Limits, Urges Customer Contact for Issues
Bank of Maldives (BML) has said it is addressing declined subscription payments and has urged…
Financial Expo Registration Window Extended To 6 June, Says MMA
The Maldives Monetary Authority (MMA) has extended the deadline for institutions wishing to participate in…
First National Real Estate and Hospitality Fund Holds Second AGM
First National Real Estate and Hospitality Fund Plc held its Second Annual General Meeting on…
First National Money Market & Savings Fund Holds Fourth AGM
First National Money Market & Savings Fund Private Limited has reported stable performance for the…
ADK Hospital Bond Programme Closes Oversubscribed
ADK Hospital has closed the second and final tranche of its corporate bond programme, with…
MMA Grants Banking Licence to Maldives Premier Bank
The Maldives’ banking sector has expanded with the Maldives Monetary Authority granting a banking licence…
MATI Chairman Highlights Importance of BML’s Financing for Tourism Growth
Bank of Maldives’ continued financing support for the tourism sector has been recognised by Maldives…
Private Sector Credit Peaks at 14% as Banks Fuel New Resort and Guesthouse Developments
Private sector credit in the Maldives rose by 14 percent at the end of March…
BML Launches Home Financing Scheme Targeting Tourism Sector Employees
Bank of Maldives has introduced a new home financing facility aimed at employees in the…
First National Real Estate Fund Distributes MVR 845,223 in Q1 2026 Returns
First National Real Estate and Hospitality Fund Plc has distributed its quarterly returns for Q1…
BML Reduces Equity Requirement for Home Construction Loans
Bank of Maldives has revised its home construction financing terms, lowering the minimum equity requirement…