Business
Housing Ministry Signs Agreements With Five Local Firms to Develop 1,000 Housing Units in Hulhumalé
The Housing Ministry has signed agreements with five fully Maldivian-owned companies to develop 1,000 affordable housing units in Hulhumalé Phase III under a Public-Private Partnership model.
BML Launches Swipe International Accounts With Instant Overseas Payment Service
Bank of Maldives has introduced international accounts through its Swipe digital wallet, enabling customers to open IBAN-linked accounts in USD, EUR and GBP and receive overseas payments instantly.
Anchor’s Aweigh: Maldives-India Free Trade Pact Set to Unshackle Maritime & Logistics Sectors
Maldives India Free Trade Pact
Tax Revenue Rises by MVR 2 Billion as Government Revenue Reaches MVR 22.4 Billion
Government revenue reached MVR 22.4 billion during the first half of 2026, with tax collections increasing by MVR 2 billion, although the state budget still recorded an overall deficit of MVR 975.9 million.
Guardians of the Reef: The Biology and Business of Maldivian Groupers
When people think of Maldivian fishing, they invariably picture massive schools of skipjack tuna out in the deep blue ocean. Yet, inside the shallow lagoons and outer reef slopes of the atolls lies a completely different, highly sophisticated marine ecosystem. This is the domain of High-Value Reef Fish and Groupers, a delicate biological resource that…
BML Launches ‘SplitPay’ Service, Allowing Credit Card Purchases to Be Paid in Instalments
Bank of Maldives has introduced BML SplitPay, allowing eligible credit card holders to convert purchases of MVR 1,500 or more into instalment payments over periods ranging from three to 24 months.
President Reaffirms Commitment to Expanding Economic Opportunities for MSMEs
President Dr Mohamed Muizzu has reaffirmed the government’s commitment to expanding economic opportunities for MSMEs, freelancers and creators through digital tools, financing support, regional creative hubs and wider access to global markets.
BML Eases Card Restrictions for Maldivian Students Abroad to Pay Visa Fees
The Bank of Maldives (BML) announced that it will begin easing transaction limits on local currency (Rufiyaa) debit and credit cards specifically to help Maldivian students studying abroad settle their student visa fees.According to BML Spokesperson Mohamed Saeed, the decision was made in close collaboration with the Maldives Monetary Authority (MMA). Under the new arrangement,…
Dhiraagu Offers PS5 Pro Giveaway Through Gamers Guild Platform
Dhiraagu Gamers Guild has launched a nationwide giveaway offering Maldivian gamers the chance to win a PlayStation 5 Pro, with entries open until September 16 through the DGG platform.