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DEBT DISTRESS MALDIVES
'In close touch with Male': India on economic crisis facing MaldivesIndia is in close touch with the Maldives as the island nation faces a severe economic crisis due to debt distress. The Ministry of Externa...- Maldives President Muizzu thanks India for economic support, affirms hope of signing FTAMaldives President Mohamed Muizzu expressed gratitude to India for supporting the island nation in easing its debt repayment. He emphasized...
- Maldives President Muizzu thanks India, China for support to strengthen his country's fragile economyPresident Mohamed Muizzu of the Maldives has expressed gratitude to India and China for their crucial support in addressing the nation's ec...
- Maldives gets IMF debt warning as more Chinese loans loomMaldives warned by IMF of 'debt distress' due to heavy borrowing from China. Urgent need to increase revenue, reduce spending, and limit ex...
- Maldives President Mohammed Muizzu's anti-India posturing may further dent Maldives fledgling economyMaldives President Mohammed Muizzu's recent anti-India stance could impact the country's fragile economy if India's longstanding assistance...
- China agrees to consider restructuring of loans to Maldives: President MuizzuMaldives President Mohamed Muizzu has announced that China, the largest external creditor to the country, has agreed to consider restructur...
- How the Indo-Pacific can beat the SDG cash crunchThe Indo-Pacific region has both challenges and promising examples of success in sustainable development. While global events hinder intern...
- Some of the South Asian economies need urgent access to multilateral support: Michael D PatraCountries such as Pakistan and Sri Lanka faced rating downgrades by various external credit rating agencies limiting their access to intern...
- IHCL to focus on operating margins, free cash flows & healthy balance sheet: Puneet Chhatwal“Our growth journey is definitely very strong and it is based on a fee-based model. So, there is no capital upfront expenditure from us. We...
- ET Analysis: China’s economic muscle flexing globally set alarm bells ringing in BangladeshChinese President Xi Jinping’s visit to Dhaka a few years back promised investments to develop the country’s infrastructure. But more than ...
- ET analysis: China's trade concessions to Bangladesh a 'dual-deficit and debt trap'This so called “diplomatic victory” by China involving duty free access taking advantage of the pandemic can only push a promising economy ...
- One of China’s most ambitious projects becomes a corridor to nowhereAlmost seven years after the China-Pakistan Economic Corridor was established, there’s little evidence of that vision being realized. The s...
- Corporate chatter: Relatives left once rich but now bankrupt biz family high and dry; H1N1, not coronavirus, got Bengaluru techies worriedA former boss who hung up his CFO boots for personal well-being is now on a deal-making spree for his old firm.
- Chinese actions out of step with international norms, diminishes sovereignty of countries: Pentagon"China's attempts to gain veto authority over other countries' decisions, and its coercion directed at US allies and partners in particular...
- China suggests to work with India in Maldives after poll shockerSolih's win deals a blow to China and he is likely to adopt an anti-China stance, an article claimed.
- Nasheed vows to review all Sino-Maldives pacts following Yameen's ouster"We have a joint manifesto. I think we have to review all the agreements we had with China and see what is due," Nasheed said.
- China allows bonds for Belt and Road initiative to diversify funding optionsThe Xi Jinping government signed bilateral currency swap agreements worth $224 billion with the central banks of 24 participating governmen...
- China's new super weapon against India: Neighbourhood debt trapsChina has found an innovative way to contain India. This new weapon is a financial ploy that helps China grab land in India's neighbouring ...
- Xi Jinping's BRI raises risk of debt trap for 68 nations: US expertsThe report suggested that BRI presents China an opportunity to embrace more sustainable lending practices in its bilateral engagements.
- World Bank projects 5.7% growth for India in FY 2014Another multilateral agency IMF had yesterday forecast that Indian economy would recover from 4.4 per cent growth in 2013 to 5.4 per cent i...
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