Maldives Launches First Development Bank
President Mohamed Muizzu officially inaugurated the Development Bank of Maldives (DBM) on Saturday night. The nation’s first development bank will...
Muizzu Administration Lacks Direction, Vision: Ex-President Solih
The Mohamed Muizzu administration lacks direction and vision, former President Ibrahim Mohamed Solih has said. He was speaking during an...
Sri Lankan Tamils Abandon Ethnic Parties in Favour of Leftist NPP
In the 14 November Sri Lankan parliamentary elections, the minority Tamils broke away from ethnic parties and supported the all-island,...
STO Chairman Amir Mansoor Hits Out at Government’s New Foreign Exchange Rule
Prominent businessman and State Trading Organization (STO) Chairman Amir Mansoor has criticised the government’s new foreign exchange regulation, declaring he...
Maldives’ Spending Exceeds MVR 40 Billion
The state, as of 7 November, has spent MVR 41.59 billion of the National Budget 2024, including for expenditure on...
IFJ, MJA Sound Alarm Bells as Parliament Moves to Consider ‘Controversial’ Media Regulator Bill
The International Federation of Journalists (IFJ) on Friday declared the proposed Maldives Media and Broadcasting Commission Bill a threat to...
Muizzu Indirectly Criticises Resort Owners Amid Foreign Exchange Dispute
President Mohamed Muizzu issued an indirect critique of the country’s leading hoteliers on Thursday, accusing some business figures of prioritising...
Maldives Suggests New Financial and Trade Instruments to Help SIDS Face Climate Change
At COP29, President Mohamed Muizzu spoke as a representative of a country most threatened by climate change At the COP29...
Muizzu’s Top Tourism Advisor Joins Growing Opposition to Foreign Exchange Regulation
A senior advisor to President Dr Mohamed Muizzu has joined the expanding chorus of protests against the Maldives Monetary Authority’s...
Universal Enterprises Raises Concerns Over New Foreign Exchange Rules in Letter to MMA
Universal Enterprises Pvt Ltd, one of the Maldives’ largest hospitality companies, has formally voiced its opposition to the Maldives Monetary...
