A digest of news and opinion from the Maldives.
President Abdulla Yameen (R-3) pictured at the 18th SAARC Summit 2014 held in Nepal. President Abdulla Yameen has called on South Asia to remain united and not let differences in belief and outlook obstruct regional efforts to accomplish common goals. In a message to mark the 33rd SAARC Charter Day, Yameen noted that the region of […]
Mohamed Nimal, formerly the managing director of MRDC. FILE PHOTO/MIHAARU The Anti-Corruption Commission (ACC) has requested the prosecutor general to charge Mohamed Nimal, the former managing director of state-run utilities firm Fenaka Corporation, and three others for the illegal purchase of US Dollars to the corporation. The three others to be prosecuted are the former […]
Tourism minister Moosa Zameer pictured speaking at a ceremony. PHOTO/MIHAARU Tourism minister Moosa Zameer announced Thursday that a bill proposing to gain trust and protect passenger rights will be submitted to the parliament next year. In a speech given on the occasion of International Civil Aviation Day, Zameer stated that the government was constantly working […]
Aerial view of HDh Kulhudhuffushi shows ongoing land reclamation. Six hectares of land reclaimed from the western lagoon of Haa Dhaal atoll Kulhudhuffushi and other preparations are fully underway to commence development of the island’s new airport. The government-initiated project to develop a domestic airport in Kulhudhuffushi requires the reclamation of six hectares of the […]
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 […]
Ongoing reclamation of land to develop the link road between Hulhule and Hulhumale. PHOTO/HDC The Maldives and China on Thursday signed agreements to develop an Airport Economic Zone and a Joint Ocean Observation Station in the archipelago. The agreements were among 12 key contracts signed between the two countries during president Abdulla Yameen’s first state […]
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 […]
Maldives’ president Abdulla Yameen and China’s president Xi Jingping watch as Maldives’ economic minister Mohamed Saeed and China’s commerce minister Zhong Shan sign the free trade agreement between the Maldives and China. PHOTO/PRESIDENT’S OFFICE The governments of the Maldives and China signed the long-discussed free trade agreement (FTA) on Thursday. The agreement was one of […]
An employee of BML pictured counting US Dollars. Following a drop in US Dollar revenue, the usable reserve of the state treasury declined to USD 179 million by the end of October. According to Maldives Monetary Authority (MMA)’s economic review, the central bank’s usable reserve stood at MVR 179.8 million by October end, which is a […]