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Tag: Maldives

Posted on January 30, 2024

Maldives: Financial Sector Assessment Program-Technical Note on Macroprudential Policy

The Maldives Monetary Authority (MMA) is the entity responsible for maintaining financial stability. The Board of the monetary authority has decision-making powers over MMA’s three mandates (in order …
Posted on January 29, 2024

Indonesia Stops Maldives-Bound Controversial Chinese Vessel

The Indonesian Coast Guard (ICG) stopped a Male-bound Chinese research vessel as it had turned off its automated …

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Posted on January 29, 2024

Hotels We Love: Conrad Maldives Rangali Island Stars Probably The Most Insane Hotel Room On Earth

The property features 12 dining concepts (11 venues + beach dining … Don’t skip a banana at breakfast, because those are grown on the island in their banana garden. (Conrad Maldives Rangali Island …

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Posted on January 28, 2024

Chaos in Maldives Parliament as MPs get into fight, disrupt proceedings

Lawmakers in the Maldives Parliament came to blows with each other on Sunday, disrupting a special session convened to seek parliamentary approval for President Mohamed Muizzu’s cabinet ministers. …

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Posted on January 28, 2024

WATCH: Violent scuffles break out in Maldives Parliament, proceedings halted

The Maldives Parliament on Sunday descended into turmoil as members … Accusations from some MDP MPs suggest that property in the House was damaged during the scuffle. This display of disorder comes …

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Posted on January 27, 2024

What It’s Like to Stay at Park Hyatt Hadahaa, an Eco-Conscious Paradise Nestled in the Maldives

The Maldives are a schlep, and nobody can deny that. This one takes even more effort. To get here you’ll need to transfer to a domestic flight that adds hours to your already egregious travel time, …

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Posted on January 27, 2024

Despite Maldives’ Embrace of China, India’s Sphere of Influence Remains Intact

Consequently, the Muizzu government’s engagement with China maybring pressure on the Maldives similar to that in Sri Lanka, which reached the verge of bankruptcy, received limited assistance from …
Posted on January 25, 2024

EaseMyTrip co-founder Rikant Pittie buys Rs 99.34 crore property in Gurugram

EaseMyTrip co-founder Rikant Pittie, recently in limelight for suspending Maldives bookings on his travel platform, has reportedly bought a commercial property for Rs 99.34 crore in Gurugram’s Sector …

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Posted on January 25, 2024

India not pulling out its defence personnel from Maldives yet, says navy chief

India has not pulled out its defence personnel from Maldives and said it was awaiting a decision from the archipelago in its southern nook, navy chief said on Thursday. On being asked about the return …

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Posted on January 20, 2024

Loss to Maldives could be $25-50 million: Hospitality players

The Maldives relies on tourism as the largest sector of its economy, providing more than 28% of GDP and 60% of foreign exchange.

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