Economy

6 days ago

Maldives Unveils Ambitious Financial Hub to Diversify Economy

HULHUMALÉ, Maldives — On a sunlit morning in the Maldives, a groundbreaking ceremony marked the launch of the Maldives International Financial Centre (MIFC), an $8.8 billion project aimed at transforming the island

World

2 weeks ago

Bangladesh’s Dance with China: A Friendship That Risks Sovereignty

DHAKA, Bangladesh — On a humid March morning in Beijing, Muhammad Yunus, Bangladesh’s interim leader, stood beside Chinese officials, beaming as he toasted “very strong” ties and a “good friendship.” The visit,

Business·Leaders·News·Tourism

2 weeks ago

Maldives and Malaysia Chart a New Course for Economic Ties

KUALA LUMPUR, Malaysia — When President Dr. Mohamed Muizzu stepped up to the podium at the inaugural Maldives-Malaysia Business Forum here, his message was clear: the Maldives is open for business, and

Maldives Tourism Surges 7.6% in 2025, Led by Chinese Visitors

Male’, Maldives—The Maldives welcomed 806,110 tourists in 2025 through April 27, a 7.6% increase from the 749,225 arrivals in the same period last year, according to the Tourism Ministry. The figure also

2 weeks ago

Business·News·Tourism

Presidential Palace Denies Spending on Fancy Beef and Shrimp Feast, Points Finger at Mischievous Cash Receipt

MALE’, —In a culinary controversy that’s got Male’ buzzing louder than a beachside barbecue, the Presidential Palace is furiously waving off rumors that its Muliaage budget was blown on a cash-paid haul

1 month ago

News·Politics

The U.S. and China: A Tug-of-War Over Trade, Tech, and Tension What It Means for Us

For you and me, this means pricier phones and cheaper headlines. It means our kids growing up in a world where a glitchy TikTok might be the spark for a diplomatic flare-up.

1 month ago

Business·World

Maldives Battles Corruption and Economic Strain

MALE’, Maldives — The arrest this week of the Maldives’ immigration controller and several associates has jolted this island nation, casting a harsh light on a government grappling with entrenched corruption and economic

2 months ago

Leaders·News·Politics·Tourism

Russia’s Envoy Chides Maldives Over U.N. Vote, Touts Tourism Ties

COLOMBO, Sri Lanka — Russia’s ambassador to Sri Lanka and the Maldives, Levan Dzhagaryan, issued a sharp rebuttal on Thursday to a former Maldivian president, defending Moscow’s role as a key economic

2 months ago

Leaders·MaldivesStyle·News·Tourism

Lawmakers Sound Alarm Over Economy as Revenue Declines

MALE’, Maldives— Senior members of Majlis on Monday warned of worsening economic conditions, with one cautioning that a continued decline in revenue could lead to a fiscal crisis. Deputy Speaker Ahmed Nazim

3 months ago

Leaders·News·Politics

Maldives Government Engages Public in Ahaa Forum, Outlines Key Policies

MALE’, Maldives — The administration of President Dr. Mohamed Muizzu is strengthening its direct engagement with the public through the Ahaa Forum, a platform designed to foster dialogue between citizens and government

3 months ago

Leaders·MaldivesStyle·News·Politics

Is Qasim Ibrahim Defending Democracy or Undermining It?

Ahmed Shamheed, a former transport minister and now an MP, confronted an International Monetary Fund (IMF) delegation over the Maldives’ soaring debt during a heated parliamentary committee session. The session, chaired by

3 months ago

Business·Leaders·MaldivesStyle·News·Politics

Maldives Slams Baseless Loan Default Allegations, Exposes Fabrication Campaign

Malé, Maldives — Maldivian officials and independent investigators have dismissed claims of a $750 million loan default as baseless, accusing the report of being part of a deliberate disinformation campaign aimed at

6 months ago

Business·News·Politics

Chinese Startups Struggle Amid Rising Redemption Requests, IPO Market Freeze

BEIJING, — China’s once-thriving start-up ecosystem is reeling as early-stage investors increasingly invoke redemption rights, a mechanism that allows them to reclaim their investments plus premiums when companies fail to achieve critical

6 months ago

Business

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Economy

Maldives Unveils Ambitious Financial Hub to Diversify Economy

Bangladesh’s Dance with China: A Friendship That Risks Sovereignty

Maldives and Malaysia Chart a New Course for Economic Ties

Maldives Tourism Surges 7.6% in 2025, Led by Chinese Visitors

Presidential Palace Denies Spending on Fancy Beef and Shrimp Feast, Points Finger at Mischievous Cash Receipt

The U.S. and China: A Tug-of-War Over Trade, Tech, and Tension What It Means for Us

Maldives Battles Corruption and Economic Strain

Russia’s Envoy Chides Maldives Over U.N. Vote, Touts Tourism Ties

Lawmakers Sound Alarm Over Economy as Revenue Declines

Maldives Government Engages Public in Ahaa Forum, Outlines Key Policies

Is Qasim Ibrahim Defending Democracy or Undermining It?

Maldives Slams Baseless Loan Default Allegations, Exposes Fabrication Campaign

Chinese Startups Struggle Amid Rising Redemption Requests, IPO Market Freeze

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