Govt fires 5 BML directors amid card limit hike doubt

BML has been refusing to implement the cabinet decision to increase the card limit for students studying abroad.

26 January 2024

BML forced to limit USD sales to students studying abroad

The dollar has risen to MVR 18 in the black market as the off-season for tourism coincided with the school holidays and Hajj season.

25 June 2024

Maldives student sets example to save Palestinian friend

Nadha wept with gratitude at the generosity of the Maldivian people.

25 March 2024

Card limit hike in doubt over dollar shortage

Increasing card limits abroad is a campaign pledge of President Dr. Mohammed Muizzu.

25 January 2024

Two BML board directors reinstated in govt U-turn

The sudden sacking of BML's board directors has raised a few legal questions.

27 January 2024

Why is Canada capping foreign students and who will be affected?

International students contribute about C$22 billion ($16.4 billion) annually to the Canadian economy.

24 January 2024

Govt set to fail on pledge to boost card dollar limit

BML on Wednesday said it is still in discussions with the Ministry of Finance to increase the dollar transaction limit on its cards.

31 January 2024

Govt defends funds delay for students abroad

A couple of students who have expressed concerns in the media about the delay in receiving loans have now been compensated.

9 July 2024