SMEs

Authentic Maldives new outlet at Crossroads

1 min read
Authentic Maldives, an initiative the Ministry of Economic Development took to promote authentic Maldivian products - has opened their new outlet at Crossroads Maldives. While rich in culture, unless you...

Bank of Maldives provides startup grants

1 min read
The Bank of Maldives (BML) has announced winners of its Startup Grant that was opened up in January 2022, for emerging entrepreneurs to win grant funding of MVR 500,000 to...

BML announces business grants

1 min read
Good news for inspired entrepreneurs to craft their ideas into reality - the Bank of Maldives (BML) announced the BML Startup Grant earlier this week. This grant will be awarded...

Maldives fisheries

4 min read
Sometimes, what has been so deeply ingrained in our way of life gets overlooked when considering development and benchmarking, in terms of economic importance. In the case of the Maldives,...

BML needs to be held accountable

3 min read
On 29 November 2021 the Maldives’ retail economy was virtually brought to a standstill. The Bank of Maldives, while doing some routine upgrades — that the company had failed to...

Doing business in the Maldives

4 min read
The Doing Business 2020 Report published by the World Bank compares 190 countries in terms of ease of doing business. After being assessed on various factors such as starting a...

Assisting MSMEs — lessons from recent approaches

5 min read
Micro, Small and Medium Enterprises (MSMEs) are critical to promoting inclusive economic development and poverty alleviation. They constitute a vast number of businesses and employ a large number of people...