Male: Dollar-starved Maldives has floated a new foreign currency regulation, limiting types of transactions allowed in foreign currency and imposing mandatory foreign currency exchange controls on tourism establishments and banks. Maldivian economy appears to have taken a hit after calls to Indian tourists to avoid the picturesque island nation as a response to President Mohamed … Read more
A file photo of the flag of Republic of Maldives. Despite global lenders and rating agencies flagging a “high risk” of debt distress in the Maldives, the government said it is well prepared to stave off a financial meltdown. Addressing Colombo-based journalists on Friday evening (September 13, 2024), Minister of Foreign Affairs Moosa Zameer and … Read more
Prime Minister Narendra Modi in a meeting with President of Maldives Mohamed Muizzu. | Photo Credit: PTI The Maldives military still does not have pilots capable of operating three aircraft donated by India, Defence Minister Ghassan Maumoon has acknowledged, days after 76 Indian defence personnel left the island nation at the instance of Maldives President … Read more
The main Opposition Maldivian Democratic Party (MDP) decided to withhold parliamentary approval for four members of President Muizzu’s Cabinet ahead of the voting on the Cabinet. File | Photo Credit: AP Clashes broke out in Maldives’ Parliament on January 28 between pro-government MPs and Opposition lawmakers over differences over the approval of four members of pro-China … Read more
Chinese President Xi Jinping on Wednesday held in-depth talks with his Maldivian counterpart Mohamed Muizzu following which the two countries signed 20 “key” agreements, including one on tourism cooperation, and announced the elevation of their bilateral ties to a comprehensive strategic cooperative partnership. Mr. Muizzu said he was honoured to pay his first state visit … Read more
Prime Minister Narendra Modi in a meeting with President of Maldives Mohamed Muizzu during the COP28, in UAE, December 1, 2023. | Photo Credit: PTI Maldives has said that it will not renew the hydrographic survey agreement made with India. Maldives’ Under Secretary for Public Policy Mohamed Firuzul said that part of the ‘Hafthaa-14’ roadmap … Read more
Union Minister of Earth Sciences Kiren Rijiju. | Photo Credit: G N RAO Union Minister of Earth Sciences Kiren Rijiju will represent India at the oath-taking ceremony of Maldivian President-elect Mohamed Muizzu. Mr. Rijiju will be on a two-day official visit to the island nation from November 16 at the invitation of the President-elect of the Maldives, Dr. Mohamed … Read more
Maldives’ main opposition candidate Mohamed Muizzu casts his vote in Male, Maldives, on September 30, 2023. | Photo Credit: AP Frontrunner and Opposition candidate Mohamed Muizzu appeared poised for victory in the Maldivian presidential race, provisional results of Saturday’s run-off showed, as he beat the India-friendly incumbent Ibrahim Mohamed Solih in a closely fought contest … Read more
Mohamed Muizzu, Maldives presidential candidate of the opposition party, People’s National Congress, casts his vote at a polling station during the Maldives presidential election day in Male, Maldives, on September 09, 2023. | Photo Credit: Reuters The Maldives stands at a geopolitical crossroads ahead of its presidential runoff vote with the frontrunner, a former construction … Read more