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,...
Maldives Drops Centerview as Advisor
The Mohamed Muizzu administration, in yet another reversal, has cancelled its contract with US independent investment banking firm Centerview Partners,...
Muizzu’s Recipe for Maldives’ Economic Recovery
“Mend fences with India and maintain ties with China to revive Maldives’ economy and protect its independence.” The Maldivian economy...
What Does the Sri Lankan Presidential Election Mean?
Hard road ahead for President-elect Anura Kumara Dissanayake The result of the ninth Sri Lankan presidential election uncannily followed a...
Moody’s Downgrades Maldives’ Rating to CAA-2, Signals Deepening Crisis
Moody’s downgraded the Maldives’ credit rating to CAA-2 on Wednesday, citing high credit risk and growing concerns over the country’s...
Ratings Downgrade Shows Government Incompetence: MDP
Fitch Ratings downgrading the Maldives’ credit rating from CCC+ to CC highlights the administration’s incompetence in managing fiscal policy, the...
Overall Inflation Spikes in June; Food Prices See Significant Rises
Food prices have risen to the highest since the year began, data from the Maldives Monetary Authority (MMA) has shown....
China Assures Full Support to Address Maldives’ Economic Challenges: Minister Zameer
Chinese President Xi Jinping has assured the Maldives of China’s full cooperation in addressing the country’s current economic challenges, Minister...
China Signals Willingness to Restructure Loan Payments as India Defers US$50 Million Repayment
The Chinese government has given the green light to defer the repayment of loans, facilitated to the Maldives through the...
Maldives Will Implement China FTA in September; Pursuing Similar Agreements With Turkey, UK and India: President Muizzu
The Maldives-China Free Trade Agreement (FTA) will come into effect in September, and the country hopes to sign a similar...
