
STO Posts MVR 574 Million Q2 Profit Despite Lower Revenues
State Trading Organization (STO) has announced a net profit of MVR 574 million …

Bank of Maldives Reports MVR 1 Billion Profit in Six Months, Marks 12% Growth
Bank of Maldives (BML), the country’s leading financial institution, has announ…

Personal Loans and Credit Card Usage in Maldives Reach MVR 7.7 Billion
The combined total of Lui Loans (personal use loans) and credit card expenditur…

TMA Pilots to Suspend Flights Amid Salary Currency Dispute
A group of pilots working for Trans Maldivian Airways (TMA), the world’s larges…

MIRA Takes Legal Action Over MVR 200M GST Dispute in Dharumavantha Hospital Project
A fresh legal dispute has emerged surrounding the Dharumavantha Hospital projec…

BML Allocates Over USD 45M Monthly for International Transactions
Bank of Maldives (BML) has announced a significant update to its foreign transa…

Maldives Government Revives Plans to Develop Hankede as a Halal Tourism Island
The government has officially reignited efforts to transform Hankede, a long-ne…

New Velana Airport Terminal to Open on Independence Day
Velana International Airport is preparing to unveil its long-awaited new passen…

Inflation Rate Climbs to 6.2 Percent in April, Highest This Year in Maldives
Inflation in the Maldives surged to 6.2 percent in April, marking the highest m…

Launch of Maldives' ‘Tradian’ Trade Platform Delayed for Further System Integration
The Maldives government has announced a delay in the full rollout of "Trad…