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December 2017

Maldives uses borrowings only for capital expenditure: Central Bank Chief

Maldives uses borrowings only for capital expenditure: Central Bank Chief

6 min read

Maldives Monetary Authority Governor Ahmed Naseer has said that since the expected total revenue (excluding grants) of the Government is 1.3 times higher than the expected current expenditure, the revenue is sufficient to cover current expenditure, and funds raised from borrowings are used solely for capital investments. On 22 November, a National Budget of MVR27.9 […]

Milaidhoo

Milaidhoo Island Maldives receives 2018 Condé Nast Johansens Award for Excellence

1 min read

Milaidhoo Island Maldives Milaidhoo Island Maldives has once again been distinguished in the 2018 Condé Nast Johansens Awards for Excellence. This is the second consecutive year since opening in November 2016 that the resort has received an award. Created to acknowledge, reward and celebrate excellence across properties, the Awards of Excellence are a trusted mark […]

Aerial view of HDh. Kulhudhuffushi, which shows the large mangrove swamp of the island. PHOTO/EYEWELL PORTRAIT

Ooredoo Maldives expands fixed broadband to Kulhudhuffushi

1 min read

Ooredoo Maldives has launched fixed broadband services at up to 100 Mbps in Kulhudhuffushi. As a special launch offer, Ooredoo is providing a 25 percent discount on monthly fees for three months for customers acquiring a SuperNet connection in Kulhudhuffushi before 31 December. The service is being provided with the support of Wavelength, Ooredoo’s infrastructure […]

New Delhi caught by surprise as Maldives seals FTA with China

New Delhi caught by surprise as Maldives seals FTA with China

4 min read

Prime Minister Narendra Modi with Maldives President Abdulla Yameen Abdul Gayoom (Express photo/Renuka Puri/File) In a sudden move that has sent alarm bells ringing in New Delhi, Maldives rammed through its Free Trade Agreement with China in the Maldivian parliament last night in a session attended by only 30 out of 85 members. The haste […]

Inside the Battle for the Heart and Soul of the Maldives

Inside the Battle for the Heart and Soul of the Maldives

9 min read

Until recently the Maldives did not have an image problem. Expertly insulated on private islands and in luxury cabanas, the honeymooners and celebrities that flocked to its white sand beaches had little idea of what life was like for Maldivians under the iron fist of dictator Maumoon Abdul Gayoom, who ruled for three decades until 2008. […]

A local boat travels out of the Male harbour in rough seas. PHOTO: NISHAN ALI/MIHAARU

Worst storms expected in north, central Maldives: MET

2 min read

A local boat travels out of the Male harbour in rough seas. PHOTO: NISHAN ALI/MIHAARU The Maldives Meteorological Centre (MET) on Thursday warned of torrential downpours and strong winds in the Maldives from the current deep depression off the coast of neighbouring Sri Lanka. MET’s director Ahmed Rasheed stated that all regions of the country […]

Maldives - Afghanistan

Afghanistan-Maldives Relations: A Narrative of Dichotomy

19 min read

INTRODUCTION Maldives, a country situated at the south-southwest of India having a population of approx. 3, 92,709, has been making rounds on international front since the sentencing of ex-president Mohammed Nasheed for 13 years on the charges of terrorism. Afghanistan is located in the heart of Asia and it certainly has serious geopolitical interests in […]