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Maldives borrows $74.7 million from China amid ongoing economic crisis
The Maldives government has taken on another loan of USD 74.7 million to repay its mounting debts to China. This refinancing agreement, signed by...
Articles
Farhad Fikry Appointed Acting Police Commissioner Amid Serious Allegations
Homeland Security Minister Ali Ihusaan has appointed Farhad Fikry as the Acting Police Commissioner, following the retirement of former Police Commissioner Ismail Naveen. Fikry...
MACL Takes $40M Loan as Debt Pressure Mounts
Maldives Airports Company Limited (MACL) has secured a USD 40 million syndicated loan from Sri Lankan banks to refinance part of the capital expenditure...
Protests
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Maldives launch COVID-19 vaccination program
Government, on Monday, commenced its COVID-19 vaccination program with the inoculation of President Ibrahim Mohamed Solih, Parliament Speaker Mohamed Nasheed and Chief Justice Ahmed...
