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,...
Government to Submit MVR 5 Billion Supplementary Budget for Parliamentary Consideration
The Mohamed Muizzu administration will present a Supplementary Budget to Parliament, valued at around MVR 5 billion, to manage expenditure...
Government to Increase Import Levies on Cigarettes, Beedies
The import duty on cigarettes and beedies will be increased from MVR 3 to MVR 8 to discourage smoking across...
MACL and BUCG Ink MoU to Connect Funadhoo, VIA, Malé by Monorail
Maldives Airports Company Limited (MACL) has signed a memorandum of understanding (MoU) with China’s Beijing Urban Construction Group (BUCG) to...
Muizzu Administration to Slash 228 Political Posts in Major Cost-Cutting Move
President Mohamed Muizzu has announced the removal of 228 political appointees from various government ministries as part of his administration’s...
Maldives Announces Ban on Vapes to Protect Public Health
President Mohamed Muizzu has announced that the import, use, and trade of vaping devices and their components will be prohibited...
Maldives Appoints Centerview as Debt Adviser Amid Financial Worries
The government of Maldives has appointed Centerview Partners, a US-based firm, to assist the nation through its current financial crisis,...
Can India’s Lakshadweep Islands Be Maldives’ Competitor?
With the Maldives badly needing foreign exchange to meet its basic needs, President Mohamed Muizzu is bending over backwards to...
Maldives, India to Form Core Group for ‘Vision Document’ Implementation
The Maldives and India will form a “High Level Core Group” with senior officials from both countries to implement the...
Muizzu Administration Sliding Towards Dictatorship: Ex-President Solih
The Mohamed Muizzu administration has ignored the will of the people and is heading towards a dictatorship, former President Ibrahim...
