Maldives pres launches firm for small, medium businesses



President Abdulla Yameen Abdul Gayoom on Monday founded a special company for small and medium enterprises.

In a resolution, the president said that the objective of the 100 percent state-run firm by the name of “Business Centre Corporation Limited” is to manage small and medium enterprises in the Maldives and advance that sector.

According to the resolution, the company’s capital is MVR 50 million divided over five million shares at a rate of MVR 10.

Full details are available from the link below:

Source URL: Mihaaru-News

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