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Tag: Maldives

Posted on May 25, 2024

Pakistan, Maldives, Malaysia welcome new ICJ ruling against Israel

Pakistan, Maldives and Malaysia welcomed a new ruling Friday by the International Court of Justice (ICJ) against Israel regarding the Gaza Strip. “UN Security Council and the international community should make efforts to implement the ICJ order to stop …
Posted on May 19, 2024

Fallout Between The Maldives And India Is ‘Absolutely’ Benefiting Sri Lanka

“ITC , the big hotel chain, opened their first hotel out of India in Sri Lanka. We just opened it about a few weeks back, and it’s a beautiful property … in Galle Face,” he said, referencing the …

( read original story …)



Posted on May 18, 2024

Maldives talking debt restructuring with Beijing, says China ambassador

IMF warned Maldives of high debt distress risk, China discusses debt relief with Male. Chinese ambassador Wang Lixin says debt restructuring may hinde …
Posted on May 18, 2024

Maldives gets IMF debt warning as more Chinese loans loom

The International Monetary Fund warned the Maldives against looming “debt distress” Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor …
Posted on May 18, 2024

With Chinese loans looming, Maldives gets IMF warning over ‘debt distress’

As of June 2023, the Export-Import Bank of China owned 25.2 per cent of the Maldives’ external debt and was the country’s biggest single lender.
Posted on May 18, 2024

“China and Maldives Explore Debt Restructuring, Announces Chinese Ambassador”

China, the largest creditor to the Maldives, is in talks with Male to ease debt repayment on Chinese loans amid IMF warnings of high debt distress. However, Chinese Ambassador Wang Lixin asserted that …
Posted on May 18, 2024

Why won’t the cedi suffer if you travel to Maldives, other countries? – Deputy finance minister

Deputy Minister of Finance, Dr. Stephen Amoah … It’s not every day that we have to go to the Maldives… let’s come home. The monkeys are there… we always talk about the cedi; if you exchange …
Posted on May 18, 2024

Why won’t the cedi suffer if you travel to Maldives, other countries? – Deputy finance minister

Deputy Minister of Finance, Dr. Stephen Amoah … It’s not every day that we have to go to the Maldives… let’s come home. The monkeys are there… we always talk about the cedi; if you exchange …
Posted on May 18, 2024

India to extend budgetary support of $50 million to Maldives

India extended vital budgetary support to the Maldives by rolling over a USD 50 million Treasury Bill for another year, despite recent bilateral tensions. The State Bank of India subscribed to the …
Posted on May 18, 2024

I stayed at a luxurious overwater bungalow in the Maldives and a budget option. I had a great time for less than $100 a night.

I stayed at two overwater bungalows in the Maldives at different price points: Conrad Maldives and South Palm Resort. The cheaper one’s a great value.

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