Politics
The President decides to sign Free Trade Agreement with China – Press Releases
The President decided to sign a Free Trade Agreement with China following deliberations at the Cabinet meeting held this morning. In a briefing held at the President’s Office, and led by Minister of Economic Development Mohamed Saeed and Minister of Foreign Affairs Dr Mohamed Asim, Minister Saeed stated that the China-Maldives Free Trade Agreement Negotiation […]
Parliament ends third term, begins two-month recess
Lawmakers pictured outside the parliament house. PHOTO: HUSSAIN WAHEED/MIHAARU The parliament went into a two-month recess on Wednesday, ending its third term of the year. The third term, which began October 9, consisted of only nine sittings. The main agenda of the parliament for this term was reviewing and passing the record state budget of […]
World Bank addresses issue of political questions asked in Maldives survey
World Bank. PHOTO/KOSOVA PRESS The World Bank on Tuesday revealed that a company conducting a survey in the Maldives for the former has been posing political questions to survey takers. In a press release, the World Bank announced that the survey is for its Global Findex, the world’s most comprehensive database on financial inclusion. According […]
Maldives plans to hold International Youth Forum
Youth minister Iruthisham Adam speaks at opening ceremony of Youth Forum. PHOTO: HUSSAIN WAHEED/MIHAARU Minister of Youth and Sports Iruthisham Adam declared on Monday that plans are underway to hold an International Youth Forum in the Maldives. Speaking at the opening ceremony of the Youth Forum held to mark National Youth Day, Iruthisham stated that […]
Netherlands grants USD10.7 mln for Fuvahmulah coastal protection
Finance minister Ahmed Munawar (L) and Embassy of Netherlands’s deputy head of mission Eva Woersem sign and exchange agreement for RVO to grant USD 10.7 million for the Fuvahmulah coastal protection project. PHOTO: HUSSAIN WAHEED/MIHAARU Netherlands Enterprise Agency (RVO) has granted the southern island of Fuvahmulah received USD 10.7 million for its coastal protection project. […]
Two more lawmakers unseated from parliament
Composite image of Ihavandhoo MP Mohamed Abdulla (R) and Hanimaadhoo MP Hussain Shahudy. Two more lawmakers, Ihavandhoo MP Mohamed Abdulla and Hanimaadhoo MP Hussain Shahudy, have been disqualified from Parliament after ruling Progressive Party of Maldives (PPM) informed the Elections Commission that the two have been expelled from the party. PPM’s secretary general Abdulla Khaleel […]
Moody’s says Government of Maldives proposed tap issuance has no ratings impact
Moody’s says the Maldives’ (B2 stable) announcement of a tap bond offering on its existing $200m 7.0% notes due 2022 will carry the B2 rating of the senior unsecured US dollar-denominated notes issued in June 2017, based on the preliminary prospectus. The senior unsecured notes will rank pari passu with all of the Government of […]
Customs opens bid to develop four towers in Hulhumale
Employees of Maldives Customs Service pictured at the celebration of the company’s 127th anniversary. PHOTO: HUSSAIN WAHEED/MIHAARU Maldives Customs Service has opened the bid to develop four towers of 15-storeys each in the second phase of reclaimed suburb Hulhumale. Customs announced Sunday that interested parties are to submit their proposals before December 4. The government […]