Small and Medium Enterprises (SME's) | Atoll Times

Small and Medium Enterprises (SME's)

Maldives to launch $6.5 mln loan facility for women entrepreneurs

President emphasised the need to promote investments in micro, small, and medium enterprises (MSMEs) and young entrepreneurs.

Maldives govt plans exhibit to boost productivity

The government will hold the exhibit named 'Dhivehinge Ufehdhuntherikamuge Maurazu' in May 2025 to increase productivity and expand business in the nation.

Anti graft body launches probe into several ex-govt officials

ACC did not say which sectors of the previous government are being investigated.

23 February 2024

Pres ratifies new companies bill; abolish annual fees

The law will come into force on the 1st of next month.

28 December 2023

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Tax hike may lead to $50 million tourism loss, MATATO warns

MATATO's statement accused Minister Ameer of giving “flawed” information to the IMF and the World Bank.

24 November 2022

Hulhumale guesthouses to get dedicated beach area

HDC said that guesthouse businesses currently have a significant stake in the tourism sector of Maldives.

24 November 2022

Democrats' business policy: concessional loans, PayPal access

There have been many changes in the last 15 years, but the income of the common people has not improved, Nasheed said.

Maldives, IsDB ink pact to set up MVR 616m fund for SMEs

According to the ministry, the fund will diversify its investments across different sectors, by geography and business stage.

SDFC to set up Islamic bank for small businesses

Nazim said the new Islamic SME bank will provide all the services currently provided by commercial banks to small and medium enterprises.

SDFC introduces loans to craftsmen, taxi drivers

Nazim said the biggest relief for the loans is the lower interest rate and repayment period.

Loan scheme for Fuvahmulah SMEs

Loans of up to MVR 50,000 will be sanctioned under the scheme.

Fenaka accused of large-scale graft; MDP members in defence

To settle the Fenaka debt, it recently took out a loan of MVR 400 million from the Maldives Islamic Bank (MIB), but its debt repayment remains to be seen.

18 October 2023