Bank of Maldives net profit for 2012 rises to MVR 200 million

The net profit of the Bank of Maldives Plc Ltd (BML) for 2012 has reached over MVR 200 million (US$13 million) by the end of the third quarter.

President Waheed pledges sewerage system, new health centre for Hoarafushi

President Dr Mohamed Waheed Hassan Manik has pledged to the people of Hoarafushi in Haa Alif Atoll today that funds would be included in next year’s budget for a sewerage system and new health centre for the island.

PPM congress postponed for third time

The government-aligned Progressive Party of Maldives (PPM) has postponed its national congress for a third, scheduling the party’s first congress for January 2013.

CCHDC warns of potential epidemic

The Centre for Community Health and Disease Control (CCHDC) has warned of a potential outbreak of diseases caused by damaged sewerage systems in several islands.

Heavy rain damages agriculture fields in three atolls

Agriculture fields in Haa Alif Baarah, Gaaf Alif Nilandhoo and all islands of Laamu Atoll have been damaged in the heavy rainfall experienced across the country.

Severe flooding in Hoarafushi damages 95 households

Severe flooding caused by heavy rainfall on Monday has forced several residents of Hoarafushi in Haa Alif atoll to evacuate their homes after flood waters damaged furniture and electrical wiring in 95 households.

Capital Market Authority and Islamic Ministry unite to promote Islamic finance

The Maldives Capital Market Development Authority (CDMA) and the Ministry of Islamic Affairs have signed an MOU pledging to further develop the practice of Islamic banking in the country.

Police release CCTV footage of men robbing Randheli resort office

Police are looking for three men who were caught on video footage obtained through the security camera of Randheli Resort’s main office in Male’, after it was robbed of more than MVR 100,000 (US$6500).

MDP gathering calls for judicial reform ahead of Nasheed trial

Over 500 protesters marched around Male’ with banners and placards displaying messages on the importance of judicial independence and holding the judiciary accountable.

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