Economics

11,000 Acres from Kantale Sugar Company Allocated for Crop Cultivation

  • October 11, 2024

President Anura Kumara Dissanayake has instructed officials to allocate 11,000 acres of land owned by the Kantale Sugar Company to farmers for short-term crop cultivation. Each farmer will be provided with plots not exceeding five acres, ensuring an equitable distribution of land. During a meeting at the Presidential Secretariat with officials from the Agriculture, Lands,

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Business

MMA Partners with MTI Consulting for Maldives Green Finance Framework

  • July 31, 2024

The Maldives Monetary Authority (MMA), the central bank of the Maldives, has enlisted MTI Consulting, an international strategy consultancy, to develop a green finance framework. This initiative aims to identify sectors, sub-sectors, and activities that can be considered as green. MTI Consulting will take into account internationally adopted practices such as technical screening and principle-based

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