Maldives loses USD 500 million yearly as remittance

Expatriate workers in the Maldives send USD 500 million abroad yearly as remittance, says Economic Minister Mohamed Saeed. In an appearance on the Public Service Media (PSM)’s ‘Raajje Miadhu’ program on Tuesday evening, Saeed said that the high remittance isn’t a new problem, but a longstanding one that the Maldives has been facing for years. […]

Read More

Maldives Agricultural Economic Zone’s practical work to begin later this year

The practical work of developing the Agricultural Economic Zone will start later this year, Economc Minister Mohamed Saeed has said. The zone, to be developed in Uthuru Thila Falhu, is part of a $250 million project awarded to China’s Harbor Engineering Company Limited. Speaking to reporters at a press conference held at the President’s Office, […]

Read More

Muijju announced the punishment against the conspirators to overthrow the government

Maldivian President Mohamed Mooijju has accused the opposition of attempting a ‘financial coup’. At the same time, he announced to bring to justice all those who are behind the conspiracy to topple the government. Citing the local media of Maldives, The Indian Express reported that last week, the Central Bank of Maldives (BML) announced the […]

Read More

Maldives Foreign Minister concludes official visit to Saudi Arabia

Maldives Foreign Minister Moosa Zameer has concluded his official visit to Saudi Arabia. As per the Foreign Ministry, the visit was aimed at strengthening existing bilateral relations between the Maldives and Saudi Arabia. During the visit, Minister Zameer met his Saudi Arabian counterpart, Foreign Minister, Prince Faisal bin Farhan Al-Saud. During the meeting, Minister Zameer […]

Read More

Maldives committed to support China’s efforts to maintain global peace

Parliament Speaker Abdul Raheem Abdulla has reaffirmed Maldives’ commitment to supporting China’s efforts to maintain global peace and promote sustainable development. The Speaker, on Tuesday, attended the commemoration of the 40th anniversary of the National People’s Congress’s (NPC) affiliation to the Inter-Parliamentary Union (IPU) and the opening ceremony of the Interregional Seminar on the Achievement […]

Read More

Minister Faisal highlights investment opportunities at AHICE Maldives Hotel Investment Summit

Minister Faisal noted that the biggest benefit of investing in the Maldives is the country’s popularity and high demand among tourists. He added that the Maldives is one of the top markets in the region, and the timeframe for return on investments is relativel. Tourism Minister Ibrahim Faisal has stated that the government’s top priority […]

Read More

There is no skilled pilot to fly the plane given by India in the Maldives!

Indian troops in Maldives have been brought back to India. They returned to India at the request of the Maldivian President Muhammad Muijju. However, after their return, the Muijju government is in trouble. Maldives does not have adequate personnel to fly the three planes gifted by India. This was said by the Defense Minister of […]

Read More