Protests Erupt as Parliament Rushes Vote on Constitutional Amendment
Supporters of the ruling Progressive National Congress (PNC) and opposition Maldivian Democratic Party (MDP) gathered near Parliament on Wednesday, staging...
Muizzu Government Pushes Swift Constitutional Amendment to Block MP Defections
The Muizzu government has proposed a constitutional amendment to prevent parliamentarians from switching political parties and to mandate the loss...
National Budget 2025: US$705 Million Surge in Reserves Projected as Usable Reserves Decline
State reserves are expected to increase by US$705 million next year, spurred on by the recent change in foreign exchange...
MP Withdraws Controversial Media Bill
Abdul Hannan Aboobakuru, the Member of Parliament (MP) for Thulhaadhoo, has withdrawn his proposed ‘Maldives Media and Broadcasting Commission’ bill,...
Muizzu Stands Firm on Controversial Forex Policy Despite Industry Backlash
President Mohamed Muizzu has reaffirmed his commitment to the Maldives Monetary Authority’s (MMA) controversial foreign exchange rules, dismissing widespread opposition...
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...
