
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…

Maldives Government Blows Past Investment Budget, Spends Over MVR 1 Billion
The Maldives government has spent over MVR 1 billion on investments so far this…

No 30% Fee for Credit Card Purchases on Shein, AliExpress and Similar Sites, Confirms BML
Bank of Maldives (BML) has announced that the newly introduced 30% transaction …

BML Increases Debit Card Dollar Limit to USD 500 for Foreign Transactions
Bank of Maldives (BML) has announced a significant increase in the monthly fore…

BML Introduces Up to 30% Fee on Purchases from Select Foreign Shopping Platforms
The Bank of Maldives (BML) has announced a new fee of up to 30 percent on debit…

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

Government Earns MVR 35 Million in Land Acquisition Fees in First Half of 2025
The Maldivian government has received MVR 35 million in land acquisition and co…

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…