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 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 Minister of Foreign Affairs of Maldives, Abdulla Khaleel will be undertaking an official visit to Sri Lanka from February ...

From being known as a "tourist trap" destination, Phu Quoc has undergone a remarkable transformation in the past two years.

The Maldives government targets 300,000 Indian tourists in 2025 after diplomatic tensions affected arrivals. The nation saw a drop from top to sixth place for Indian visitors in 2024. A major campaign ...

The Maldives targets attracting 300,000 Indian tourists in 2025 after a significant decline due to diplomatic tensions. Efforts include hiring a brand ambassador, conducting summer camps, and ...

Riyaz added that visa-free entry for Chinese travelers and diverse packages make the Maldives accessible and attractive to everyone. "Tourism is a powerful bridge that fosters cultural exchange ...

In 2024, Indians visiting Maldives declined by around 37.47 per cent. Total Indian tourist arrivals to Maldives declined to 1.30 lakh in 2024 against 2.09 lakh in 2023. India has remained a major ...

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

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 ...

Naturally lush island resort Amilla Maldives has earned further industry-leading recognition for its continued commitment to ...