India and Maldives Take Key Step Towards De-dollarization with Local Currency Trade Agreement
Mumbai — In a key step towards de-dollarization, India and the Maldives have signed a Memorandum of Understanding
President Outmaneuvers Opposition With Swift Constitutional Change
MALÉ, Maldives — February in the Maldives is a gift wrapped in the whispers of the Iruvai monsoon.
In Maldives, Heavy Backpacks Symbolize a Stalled Digital Education Dream
MALÉ, Maldives — One year into President Dr. Mohamed Muizzu’s administration, the Maldives stands at a crossroads in its quest
Maldives Makes Educational Leap: $59M Investment Marks President’s First Year
MALÉ, Maldives — The government has disbursed more than 910 million rufiyaa to over 14,000 students in a sweeping educational
President Rejects Media Bill, Unveils Press Support Plan
MALÉ, Maldives — President Dr. Mohamed Muizzu forcefully rejected a proposed media regulation bill on Sunday, while announcing unprecedented state
President Pledges Completion of Three Major Land Reclamation Projects by 2025, Citing Rapid Progress
MALE’, Maldives — President Dr. Mohammed Muizzu announced Sunday that three significant land reclamation projects — Gulhifalhu, Hulhumale’ Phase 3,
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India and Maldives Take Key Step Towards De-dollarization with Local Currency Trade Agreement
Mumbai — In a key step towards de-dollarization, India and the Maldives have signed a Memorandum of Understanding (MoU) to facilitate the use of
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Maldives Ends 2023 with MVR 124 Billion Debt, Reflecting a 115.9% Debt-to-GDP Ratio
Maldives closed the fiscal year of 2023 with a total debt of MVR 124 billion, as revealed by data released by the Ministry of
Pioneering New Frontiers: RACL and MNU Unite for a Groundbreaking Air Cargo Feasibility Study
In a significant leap towards advancing air cargo transportation capabilities in the country, the Regional Airports Limited (RACL) has partnered with Maldives National University
Maldives Government Records Robust Revenue Growth from Airport Development Fee and Departure Tax
In the past fiscal year, the Maldivian government witnessed a substantial surge in revenue from the Airport Development Fee (ADF) and departure tax, reaching
Bank of Maldives Eases Financial Strain for Borrowers
In a practical move aimed at assisting borrowers, the Bank of Maldives (BML) has decided to lower overdue interest rates, effective from January 24th,
Resounding Loss for Vocal MDP Figure Rozaina Adam as Ex-Footballer Clinches Feydhoo North Ticket
In a significant political development, Member of Parliament Rozaina Adam, a prominent figure within the Maldivian Democratic Party (MDP), has lost her bid for
Minister Saeed Briefs World Bank on Economic Outlook and Reforms
Economic Development and Trade Minister Mohammed Saeed engaged in a high-profile meeting with a delegation from the World Bank, currently in the country to
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