Maldives Sees 7% Rise in Tourist Arrivals
The number of tourists visiting the Maldives has increased by 7 percent compared to the same period last year, with...
China FTA Not to Blame for Import Duty Revenue Decline: Minister Saeed
Economic Minister Mohamed Saeed said on Saturday that the decline in import duty revenue this year is not linked to...
Background to Manmohan Singh’s Rise as India’s Economic Icon
A series of economic events over decades and Singh’s own conviction about liberalisation combined to free the deeply statist Indian...
Maldives Exports Fall 44% in November
The Maldives saw a significant drop in exports in November 2024, with the total value of goods exported falling by...
Green Tax Revenue Rises
The Maldives’ Green Tax collections have risen to MVR 976 million as of 5 December, according to the Ministry of...
Domestic Debt Increased More Than MVR 11 Billion Over Past Year
The Mohamed Muizzu administration has borrowed more than MVR 11 billion from the domestic market to cover its expenditure over...
Maldives’ Exports Decline Nearly Eight Percent
The Maldives’ exports declined by 7.7 percent between January and November this year compared to the same period in 2023,...
Moody’s Confirms Maldives’ Caa2 Negative Outlook Rating
Moody’s Ratings (Moody’s), on Tuesday, confirmed the Maldives’ long-term local and foreign currency issuer ratings at Caa2 with a negative...
More Than 40 Sacked at FSM as Police Probe Sale of Stolen Fuel, Laundering of Proceeds
More than 40 employees at Fuel Supply Maldives (FSM), a subsidiary of the state-owned State Trading Organization (STO), have been...
Maldives No Longer at Risk of Sovereign Default: Finance Minister
The Mohamed Muizzu administration’s efforts over the past year to reduce expenditure and extend repayment periods on foreign loans have...
