mln
-
Local News
India defers USD 50 mln T-bill repayment once again
India has deferred the repayment of USD 50 million in T-bills sold by the State Bank of India (SBI) to…
Read More » -
Local News
Scam losses total MVR 1.6 mln in April
The Maldives Police Service has revealed that MVR 1.6 million was lost to scams in April, despite a significant drop…
Read More » -
Local News
USD 214 mln exchanged with banks under Foreign Exchange Act
President Dr Mohamed Muizzu has revealed that USD 214 million has been deposited and exchanged with local banks under the…
Read More » -
Local News
Sovereign Fund soars to USD 121 mln
President Dr Mohamed Muizzu has announced that USD 121 million has been deposited to the Sovereign Development Fund (SDF). Speaking…
Read More » -
Local News
Customs seizes over 13 mln smuggled cigarettes
The Maldives Customs Service has seized more than 13 million cigarettes smuggled into the country. The cigarettes were confiscated in…
Read More » -
Local News
Pres raises minimum investment to US$100 mln for national security cross-subsidy projects
President Dr Mohamed Muizzu has amended and re-enacted a Presidential Decree which establishes the priority projects to be undertaken in…
Read More » -
Local News
$3.8 mln drug shipment to Maldives seized by Indian authorities
A major drug shipment shipped to the Maldives from Tuticorin, Tamil Nadu, has been seized by Indian authorities. According to…
Read More » -
Local News
Former HDC MD responds to MVR 1.4 mln cash allegations
The former Managing Director of the Housing Development Corporation (HDC) Ibrahim Fazul Rasheed has responded to media reports claiming that…
Read More » -
Local News
Maldives makes history with 2 mln tourist arrivals in a single year
The Maldives has achieved a historic milestone, welcoming its 2 millionth tourist for the year and achieving its arrival target…
Read More » -
Local News
HDC recovers MVR 226 mln in outstanding land rent
The Housing Development Corporation (HDC) has recovered MVR 226 million of the MVR 1.3 billion owed to the corporation in…
Read More »