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...

Financial Literacy: Empowering Maldivians Through Education and Awareness

In the rapidly evolving global economy, financial literacy has become an essential skill for both individual well-being and national economic stability. The...

Can Blue Carbon Credits Save the Maldives from Climate Crisis?

The Maldives, renowned for its picturesque islands and vibrant marine life, faces an existential challenge as climate change accelerates sea level rise...

Report: Unravelling the Economic Fragility of the Maldives

The Calm Before the Storm The Maldives, often perceived as a tropical haven, is on the brink of an...

Report: Rising Energy Costs, Advocating for Enhanced Renewable Energy Incentives

Residents of Malé City have seen a significant rise in their electricity bills, creating a financial burden for many households. This situation...

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Rtd Major Mohamed Najah Appointed Managing Director of FENAKA

The state-owned utility provider FENAKA Corporation has appointed retired Major Mohamed Najah as its new Managing Director. The announcement was made by...

Russia Appoints First Consul General to the Maldives

Aleksei M. Idamkin has officially assumed his position as the first Consul General of the Russian Federation to the Maldives. The historic...

Maldives-China Free Trade Agreement Set to Reshape Bilateral Trade Dynamics

The Maldives-China Free Trade Agreement (FTA), signed in December 2017, is set to become effective on January 1, 2025. The agreement, which...

Fenaka Managing Director Steps Down Amid Financial Challenges

Muaz Mohamed Rasheed has resigned from his role as Managing Director of Fenaka Corporation, citing insurmountable financial and operational difficulties. The resignation...

Maldivian Expands to China and Eyes European Destinations

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