The Politicisation of the Maldives Monetary Authority: A Call for Central Bank Independence
Recent events have reignited concerns about political influence over the Maldives Monetary Authority (MMA), illustrating the urgent need to safeguard the institution's...
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: 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: 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: 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...
When the State Goes Digital Before It Goes Honest
In a glossy rollout that included international delegates and a flurry of press releases, President Dr Mohamed Muizzu unveiled Maldives 2.0, a...
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: 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: 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: State Burdened by Retirement Allowances for Former Presidents, Parliament Members, and Judges
Under the Parliamentary Privileges and Powers Act (Act no: 5/2013), MPs completing one term are entitled to a retirement allowance of 30%...
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’ Subsidy System, A Lifeline for the People or a Boon for the...
The Maldives' economy relies heavily on state subsidies to ease the cost of living for its citizens. From healthcare and electricity to...
Report: When the Enforcers Become the Entrepreneurs
The role of the police and military is simple in theory. The police enforce the law, the military safeguards national security, and...
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: Maldivians Still Overlooked in Resort Jobs Despite Localisation Efforts
The Maldivian hospitality industry remains one of the largest employers in the country, yet systemic biases continue to limit the representation of...
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...
Tourism Carried the Economy. Again.
The Maldives Monetary Authority’s recently released Annual Report for 2024 paints a deceptively upbeat picture. At first glance, the 5.1% expansion...
Report: Pilgrims Stranded, Taxpayers Left to Foot the Bill
For many Maldivians, performing Umrah is both a spiritual aspiration and a significant financial investment. However, recurring scandals involving Umrah tour operators...
Eager to Work, Nowhere to Go: A Portrait of Maldivian Youth in Today’s Labour...
The recent turnout of nearly 1,000 young Maldivians for just 50 entry-level positions at the Maldives Immigration has reignited an ongoing conversation...
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: 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,...
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: Behind the Fluctuating US Dollar in the Maldives
The Maldivian rufiyaa has recently gained ground against the US dollar, prompting Economic Minister Mohamed Saeed to call for the release of...
LATEST ARTICLES
Transition to ‘Tradian’ Trade Platform Delayed Until Further Notice
The Ministry of Economic Development and Trade announced today a delay in the full transition to the “Tradian” platform—the Maldives’ first National...
Maldives Commits to Digital Development and Regional Collaboration at Asia-Pacific ICT Ministerial Meeting
The Maldives has reaffirmed its commitment to digital development and regional collaboration during the Asia-Pacific ICT Ministerial Meeting held in Tokyo from...
President Establishes Greater Malé Financial District Limited to Drive Economic Innovation
President Dr Mohamed Muizzu announced the formation of a new state-owned enterprise, Greater Malé Financial District Limited, under Article 15 of the...
April 2025 Economic Update: Moderate Growth, Evolving Tourism Trends, and Rising Inflation
The Maldives' economic performance in the fourth quarter of 2024 and the first quarter of 2025 reflects a period of moderated growth,...
PCB Announces New Leadership: Ayesha Nur’ain Janah to Head MACL, Ahmed Shaheer to Chair...
The Privatisation and Corporatisation Board (PCB) appointed new chairpersons to the boards of two major state-owned enterprises—Maldives Airports Company Ltd (MACL) and...
