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A digest of news and opinion from the Maldives.

Maldives economy

Yameen rumaalu2

Maldivians are forever grateful for the president who rescued Maldives from ‘India’s clutch’

3 min read

The original Dhivehi article was published on Rumaalu2.com website on 19th December 2017. The following is a loose translation: Although the Maldives got its independence in 1965, it was Indian influence that blocked the Maldives from enjoying full freedom. The assistance Indians extended in 1988 is something most Maldivians recognize and appreciate. However, most Maldivians […]

Razak

Pres invites Malaysia to invest in Maldives

3 min read

President Abdulla Yameen and Malaysian prime minister Najib Razak during the official welcome ceremony held in front of the Republic Square in Male. PHOTO/PRESIDENT’S OFFICE President Abdulla Yameen on Wednesday praised Malaysia as a reliable and steadfast supporter of the Maldives and expressed hopes to see investments from Malaysia in the future. He made the […]

China lauds ‘model partnership’ with Maldives

2 min read

Maldives’ president Abdulla Yameen (L-2) and first lady Fathimath Ibrahim (L) pictured with China’s president Xi Jinping (R-2) and first lady Peng Liyuan during Yameen’s first state visit to China. PHOTO/NEWS.CN The governments of the Maldives and China held official talks Thursday during which Chinese president Xi Jinping declared that the collaboration between the two […]

President Abdulla Yameen (C) speaks at the Business Leaders Forum during his first state visit to China. PHOTO/PRESIDENT'S OFFICE

Maldives signs to cooperate with China’s new Silk Road

2 min read

President Abdulla Yameen (C) speaks at the Business Leaders Forum during his first state visit to China. PHOTO/PRESIDENT’S OFFICE The Maldives on Thursday signed an agreement with China to cooperate with the One Belt, One Road initiative spearheaded by China’s leader Xi Jinping. The Memorandum of Understanding was signed by the Maldives’ economic minister Mohamed […]

Yameen at business leaders form

‘Best time to invest in Maldives is now’, says pres

2 min read

President Abdulla Yameen (C) speaks at the Business Leaders Forum during his first state visit to China. PHOTO/PRESIDENT’S OFFICE The Maldives would always welcome foreign investments and the best time to invest in the archipelago is now, proclaimed president Abdulla Yameen on Thursday in China. Yameen and first lady Fathimath Ibrahim is currently on a […]

yameen and saeed with adil

‘Free trade with China will benefit Maldives’, govt counters concerns

9 min read

President Abdulla Yameen (C), economic minister Mohamed Saeed (L) and MACL’s managing director Adil Moosa at the ceremony to kick off development of VIA’s new runway. PHOTO: NISHAN ALI/MIHAARU Economic minister Mohamed Saeed on Monday defended the impending free trade pact between the Maldives and China, giving a heated rejoinder to opposition criticism. Members of […]

Mohamed Nasheed

Free trade pact would “sell off” Maldives to China: MDP

4 min read

Former President Mohamed Nasheed pictured speaking. PHOTO/PRESIDENT’S OFFICE The Maldives-China free trade agreement (FTA) is a pact that would ultimately “sell off” the archipelago to China, claimed main opposition Maldivian Democratic Party (MDP). The remark was made by MDP’s deputy leader Mohamed Shifaz at a rally at MDP’s main hub on Sunday night to object […]

President Abdulla Yameen speaks at PPM ceremony. PHOTO: HUSSAIN WAHEED/MIHAARU

Pres returns fire: “Nasheed’s govt amassed bulk of Maldives’ debt”

2 min read

President Abdulla Yameen speaks at PPM ceremony. PHOTO: HUSSAIN WAHEED/MIHAARU President Abdulla Yameen on Sunday hit back at opposition criticism regarding the debt amassed by his government, declaring that his administration’s debt would amount to only MVR 1 billion without the “inherited” debt of former president Mohamed Nasheed’s government. Speaking at a ceremony of ruling […]

IMF’s Deputy Division Chief Philippe Karam speaks at press conference at the end of IMF's annual visit to Maldives. PHOTO: HUSSAIN WAHEED/MIHAARU

IMF raises concerns over Maldives’ “volatile” economic growth

2 min read

IMF’s Deputy Division Chief Philippe Karam speaks at press conference at the end of IMF’s annual visit to Maldives. PHOTO: HUSSAIN WAHEED/MIHAARU The International Monetary Fund (IMF) has raised concerns over the “volatility” of the Maldives’ economic growth. IMF had released a report on Friday, detailing the views of its Executive Board expressed in October, […]