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President announces US dollar payment gateway for small businesses from November 1

President Dr Mohamed Muizzu announced that eligible Maldivian producers and small businesses will be able to receive US dollar payments through a Bank of Maldives payment gateway starting November 1. The initiative, implemented with the Ministry of Economic Development and Trade and the Business Center Corporation, aims to ease international payments for MSMEs and includes measures for overseas purchases, remittances and recurring subscriptions.

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Sources 1carried it 1 of 19 news outlets we monitor
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One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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The StandardNews outlet

President announces US dollar payment gateway for small businesses from November 1

15 percent Creative industries' targeted contribution to the national economy

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  • 15 percent Creative industries' targeted contribution to the national economy The Standard targeting a 15 percent contribution to the national economy from creative industries by 2030.

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