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News
Digital economy will account for 15 percent of GDP by 2030: President
2+ hour, 27+ min ago (48+ words) According to the President, investors and partners ready to move forward with the Maldives are always welcome President Dr Mohamed Muizzu 80 percent of port operations to shift to Thilafushi: President MMA granted authority to designate National Payment Switch Biggest obstacle…...
BML simplifies Advance Merchant Settlement service for businesses
1+ mon, 2+ week ago (93+ words) Edition.mv BML simplifies Advance Merchant Settlement service for businesses Eligible businesses can also access financing of up to MVR 2 million, based on their card settlement history through BML Merchant Services. - Have accepted card payments through BML Merchant Services for…...
Global Ducan: India's ecommerce marketplace now open to Maldives
1+ mon, 3+ week ago (72+ words) Edition.mv Tuesday, June 30, 2026 Global Ducan: India's ecommerce marketplace now open to Maldives Maldives Post, in collaboration with India Post, has introduced Indian ecommerce marketplace Global Ducan to Maldives. GLOBAL DUCAN - BUSINESS Villa College, Atmosphere Foundation scholarship opens BML announces…...
65 percent of BML card transactions on ecommerce sites
1+ mon, 3+ week ago (77+ words) Edition.mv 65 percent of BML card transactions on ecommerce sites Bank of Maldives (BML) CEO Mohamed Shareef has revealed today that 65 percent of dollar transactions on BML cards are on ecommerce websites. Villa College, Atmosphere Foundation scholarship opens BML announces…...
Why e-commerce costs more than the price of goods
3+ mon, 4+ week ago (97+ words) Edition.mv Why e-commerce costs more than the price of goods International e-commerce relies on coordinated financial systems, regulations and risk management practices across jurisdictions. Each transaction involves multiple layers of processing and oversight. - Up to 5 percent for essential services…...