With glamorous overwater bungalows, five-star resorts, and a decadeslong reputation for indulgence and luxury, the Maldives are known as a vacation destination for the rich and famous. My husband …
Maldives sitting on a debt pile, not bankrupt as of now
Even though Maldives has not gone bankrupt as media reports would have us believe, Male is heavily leveraged with external debt mounting to nearly USD 4.038 billion and the internal debt nearly …
Maldives: Debt and dependence
As the distance between Maldives and India widens, with the latter being asked to withdraw its uniformed personnel stationed in the former, questions are being asked about how Maldives will manage …
India’s projects in Maldives gain pace, despite strained security ties
NEW DELHI, Feb 19 (Reuters) – India has stepped up development assistance to the Maldives with projects gaining pace last year, even as ties have soured over new Maldivian President Mohamed Muizzu’s …
Myanmar, Maldives, China: Key US official sizes up Indo-Pacific issues
Donald Lu, US assistant Secretary of State for South and Central Asia, has hailed Sri Lanka as an example of the success of the administration’s Indo-Pacific strategy in collaboration with partners …
Key US official warns India, Bangladesh of ‘increasing’ Indo-Pacific issues
US has told Maldives it should realise China offers better deals if it knows there is “real competition”; says India much bigger force in Indian Ocean.
Maldives deports 25 Sri Lankans over illegal activities
The Government of Maldives has deported 186 foreign nationals including 25 Sri Lankans accusing them of committing crimes such as visa violations and drug offences …
US Deputy Secy of State Richard Verma to visit India, Maldives and Sri Lanka from Feb 18-23
Shortly following the two-year anniversary of the US Indo-Pacific Strategy, his trip will reaffirm the United States enduring commitment to a free, open, secure, and prosperous region, a media …
InterContinental Maldives: It’s All About The Feel-Good Factor
The pinnacle of InterContinental’s eco efforts is undoubtedly its marine conservation and its leading partnership with the Manta Trust and Ocean Conservation Trust, which aim to protect the resort’s …
IMF warns of Maldives foreign debt crisis, after China borrowing
The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of “debt distress,” the IMF warned Wednesday.”The …