The tiny nation refused an IMF bailout loan late last year and the government announced severe spending cuts, with President Mohamed Muizzu taking a 50 percent pay cut. Muizzu has also introduced a ...

The Maldives' economy is expected to grow by 5 percent in 2025, driven by robust tourism activity. Nevertheless, macroeconomic imbalances have continued to widen and risks are tilted to the downside.

The Maldives actively advocates for global climate action, utilizing renewable energy projects to reduce carbon footprint, he ...

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed ...

Colombo: The Maldivian government will look to keep prices down of over 140 essential food items stable during the upcoming ...

During a long flight, I had a layover at the Dubai airport. I rented a sleep pod at sleep'n fly and had a nice time, but next ...

The Maldivian government will look to keep prices down of over 140 essential food items stable during the upcoming holy month of Ramadan, PSM News, the official media of the Maldives, reported on ...

Any attempt to suppress interest rates through by open market operations (monetary policy), or resorting to direct sales of Treasuries to the Maldives Monetary Authority will lead to further forex ...

Australia has given a state-of-the-art sonar device to the Sri Lanka Navy Hydrographic Service (SLNHS) to boost the island ...

GEORGE F. LEE / GLEE @STARADVERTISER.COM Visitors enjoyed the Waikiki view Monday. GEORGE F. LEE / GLEE @STARADVERTISER.COM Visitors enjoyed the Waikiki view Monday. Hawaii’s hotel industry ...

Ensuring affordable spectrum is crucial for expanding digital connectivity and fostering economic growth, said M Emdad Ul ...

Announcing his appointment, the Ministry of External Affairs said in its official statement, "Shri Suresh K. Reddy (IFS: 1991), presently Ambassador of India to the Federative Republic of Brazil, has ...