NEW DELHI: India on Friday unveiled new measures to bolster the economy of the Maldives, including a rupee-denominated credit line of ₹4,850 crore and a reduction in annual debt repayment obligations, ...

President Muizzu announced plans to dismiss more than 200 political appointees as part of efforts to reduce government spending but postponed politically difficult subsidy reforms. Maldivian President ...

The Maldives is moving to expand its tourism model with proposed amendments to the Special Economic Zones (SEZ) Act. The changes create a new category of Sustainable Townships, designed for ...

As the Maldives grapples with economic challenges, travelers may begin questioning if the beauty of its overwater villas and turquoise waters still outweigh the growing price tag. Visitors to the ...

India has approved a ₹30 billion withdrawal for the Maldives under the SAARC Currency Swap Framework, coinciding with Malé’s repayment of a $400 million facility from 2024. The move reinforces India’s ...

The Maldives is moving to expand its tourism model with proposed amendments to the Special Economic Zones (SEZ) Act. The changes create a new category of Sustainable Townships, designed for ...

Ibrahim Mohamed Solih took office as the new Maldives president Saturday and immediately warned of a “dire” economic crisis as he turned to India for help, signalling an end to the pro-China stance of ...

In Maldives, domestic politics is often significant enough to supersede foreign influence and privilege independent approaches to development cooperation. President Dr Mohamed Muizzu aims to maintain ...