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In a move towards fostering financial inclusion through secure digital payments, the Bank of Maldives (BML) has launched its Mastercard Business Prepaid card on 5th November, 2024. The new card...
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During an event hosted on 1st November 2024, Maldives Islamic Bank (MIB) launched three exciting new products that will elevate how the banking system is seen throughout the Maldives. The...
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On the 29th of October 2024, the Bank of Maldives announced the opening of two new ATM centres in Alif Alif Atoll. With this, residents of Feridhoo and Bodufolhudhoo will...
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The Maldives Inland Revenue Authority (MIRA) has been staying on top of companies and individual parties who do not pay their taxes since its establishment in August 2010. Being established...
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In May 2024, the Minister of Economic Development and Trade, Mohamed Saeed revealed the Government's plan to open its first development bank in the Maldives. The bank, which is set...
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The Maldives Inland Revenue Authority (MIRA) announced a remarkable 93 percent increase in revenue for September 2024 compared to the same period last year, showcasing that more companies in the...
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In a move towards expanding the banking services provided across the Maldives, the Bank of Maldives (BML) has expanded its banking services with the introduction of a self-service banking ATM...
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The Maldives has taken a significant step in navigating its looming financial challenges by successfully settling the latest coupon payment on its USD 500 million Sukuk bond, according to a...
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Although the Maldives has one of the most well-established and well-respected tourism industries in the world, which generates millions of dollars every year - the Maldives found itself in a...