Report: Maldives’ Year in Review – Major Economic Developments of 2024
The year 2024 marked a significant chapter for the Maldivian economy, with notable achievements in the tourism sector tempered by ongoing concerns...
Report: From Volume to Value, Rethinking Success in Maldives Tourism
The Maldives has achieved a significant milestone in its tourism sector, reaching 2 million tourist arrivals in 2024, a record that illustrates...
Report: Gov’t Subsidies, from Generalised Support to Targeted Transfers
Government subsidies have long played a crucial role in supporting households and mitigating the impact of economic pressures on vulnerable communities. However,...
Report: Maldives Construction Industry Grapples with Debt, Dollar Scarcity, and Stagnation
The Maldivian construction sector, which contributes significantly to the nation’s GDP, is under immense pressure due to a combination of economic factors...
Report: Promises Unfulfilled, President Muizzu’s First Year in Office
One year ago, President Dr Mohamed Muizzu assumed office amidst high hopes and towering promises to revitalise the Maldivian economy and streamline...
Report: New Housing Loan Scheme, Ambitious Vision or Economic Gamble?
The Maldivian government's recent launch of the 'Hiyaavahi' finance scheme has been hailed by many as a significant step towards addressing the...
Report: Maldives Grapples with Dollar Crisis as Public Debt Surpasses MVR 135 Billion
The Maldives is facing a severe dollar crisis that has ignited intense discussions among government officials, business leaders, and citizens. The escalating...
Report: The Maldives’ Role in Shaping Global Climate Finance
The 29th Session of the Conference of Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) convened in Baku,...
Report: What a Second Trump Term Would Mean for Climate Diplomacy and the Maldives
A second Trump administration could bring considerable challenges for climate diplomacy, climate finance, and Small Island Developing States (SIDS) like the Maldives,...
Report: Tourist’s Death Sparks Debate Over Safety in Maldives’ Local Tourism Sector
The recent drowning of a Chinese tourist while snorkelling near Maafushi has cast a harsh light on the safety practices within the...
Report: Maldives Resorts’ Tax Evasion Practices Persist as Government Introduces Tougher Measures
The Maldives government is ramping up efforts to tighten the noose on tax evasion within its lucrative tourism sector. As Parliament reviews...
Report: Bridging Horizons, The Maldives’ Imperative to Maintain Close Ties with India
President Dr Mohamed Muizzu's recent state visit to India from 6th to 10th October 2024 marked a significant milestone in Maldives-India relations....
Report: Maldives’ Foreign Exchange Regulations Spark Debate Among Tourism Stakeholders
The Maldives Monetary Authority (MMA) has recently implemented significant changes to the nation’s foreign currency regulations, aiming to address persistent foreign exchange...
Report: Punching Above its Weight, The Maldives’ Role in Multilateralism and the United Nations
With a population of around 520,000 people, the Maldives is one of the smallest nations on the planet, both in terms of...
Report: Maldives Sets Sail Towards Economic Diversification with Bunkering Ambitions
The Maldives is charting a new course in its economic journey. In a bold move to diversify its tourism-dependent economy, the government...
Report: The Economic Impacts of Climate Change on the Maldives’ Fisheries Industry
The Maldives heavily depends on its fisheries sector, which plays a critical role in the nation’s economy and livelihoods. As a primary...
Report: Bank of Maldives Faces Erosion of Public Trust Amid Ongoing Scandals and Controversies
For years, the Bank of Maldives (BML) has faced mounting criticism from the public over its handling of various financial issues, ranging...
Report: The Shadow Economy, Undocumented Workers and the Hidden Cost to the Maldives
For years, the Maldives has faced an entrenched problem—undocumented migrant workers. An estimated 60,000 labourers, working outside the bounds of legality, have...
Report: Unfulfilled Promises, The Unused Lands of the Maldives and the Cost of Political...
Land reclamation has long been a cornerstone of government projects in the Maldives, touted by successive administrations as a solution to housing...
Report: Maldives-India Relations, Navigating New Challenges and Building on a Shared Legacy
The Maldives and India share a complex and multifaceted relationship, one that has evolved significantly over the years, influenced by historical ties,...
Report: The Permanent Address Dilemma, Inequality and Economic Challenges in Maldives Residency Rights
The issue of permanent address and residency rights in the Maldives has long been a topic of contention, revealing underlying inequalities and...
Report: Mitigating Brain Drain, Economic Impacts and Solutions for the Maldives
Brain drain, the emigration of highly skilled professionals, poses significant economic challenges for the Maldives. The departure of doctors, engineers, educators, and...
Report: Prioritising Completion Over Expansion, Rethinking Maldives’ Tourism Development
The Maldives is at a critical juncture in its tourism strategy. Despite a decade-long surge in tourist arrivals, the nation now faces...
Report: Decentralisation in the Maldives, An Economic Perspective
Decentralisation in the Maldives, introduced with high hopes and expectations, remains a contentious topic. The idea behind decentralisation is to bring governance...
LATEST ARTICLES
Report: The Private Sector’s Role in the Maldives’ Climate Fight
The Maldives faces an existential threat from climate change. With tourism and fisheries constituting nearly half of the nation's GDP and employment,...
Maldivian’s Airbus A330 Arrives with 180 Tourists from Chengdu
The Maldives celebrated a significant milestone in aviation as Maldivian’s new Airbus A330-200 arrived from Chengdu, China, carrying 180 tourists. The arrival...
First National’s Real Estate Fund Reaches MVR 18 Million Target
First National has successfully completed its fundraising for the inaugural project under the First National Real Estate and Hospitality Fund Plc, marking...
Long-Term Leases and Training Centres Promised for Maldivian Boat Building Sector
President Dr Mohamed Muizzu has pledged to address the challenges facing the Maldives’ boat building industry, promising to create opportunities for Maldivians...
Maldives Showcases Diverse Tourism Offerings at Fitur 2025 in Madrid
The Maldives Marketing and Public Relations Corporation (MMPRC), alongside 25 industry partners, is showcasing the unique and diverse experiences of the Maldives...
