India rolls over $50 million treasury bill to aid MaldivesIndia has extended crucial financial support to the Maldives by rolling over a $50 million treasury bill, providing vital assistance amid a...
13 May, 2025, 12.37 AM IST
Maldives may be heading for debt default akin to Sri LankaMaldives faces potential debt default similar to Sri Lanka, with critical foreign reserves depletion and a substantial debt burden. The gov...
14 Mar, 2025, 09.26 AM IST
China's lending practices push Maldives toward sovereign defaultThe Maldives faces a severe debt crisis, exacerbated by external debts and unfavorable trade terms with China. With dwindling foreign reser...
13 Mar, 2025, 12.46 PM IST
Dollar-starved Maldives notifies new foreign currency rulesMaldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regul...
20 Oct, 2024, 01.34 PM IST
Maldives' Muizzu rushes to mend ties with India as China debt squeeze loomsMaldives President Mohamed Muizzu, who pushed for an 'India Out' campaign, now seeks financial aid from India. He is visiting New Delhi to ...
08 Oct, 2024, 09.13 AM IST
Maldives comes back to India, after rubbing shoulders with the DragonMaldives President Mohamed Muizzu, a pro-China leader is on his first bilateral visit to India since taking office, seeking to repair relat...
07 Oct, 2024, 01.47 PM IST
India may extend financial support to Maldives facing default during Muizzu visitIndia may provide financial support to the Maldives to help it avoid a potential default on its foreign debt. This assistance could be anno...
17 Sep, 2024, 10.57 PM IST
India ready to give Maldives aid as sukuk default risk loomsIndia is prepared to offer the Maldives emergency financial support to address its financial challenges, including a potential sukuk defaul...
13 Sep, 2024, 03.30 PM IST
Hope President Muizzu tries to maintain age old relationship with India, says Maldivian MPMaldivian Member of Parliament for South Galolhu constituency, Meekail Nasym, has expressed hope that Maldives President Mohamed Muizzu ack...
30 Jul, 2024, 10.54 AM IST
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...
28 Jul, 2024, 04.42 PM IST
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...
13 May, 2024, 02.19 PM IST
Maldives president-elect Muizzu says will remove 'Foreign troops and end economic enslavement'The president-elect of the Maldives, Mohamed Muizzu, has announced plans to remove "foreign troops" from the country on his first day in of...
04 Oct, 2023, 12.25 AM IST
Chinese Embassy in Male calls Maldives' non-participation in Indian ocean forum meet "regrettable"Chinese Embassy in Male has now responded to Maldives' denial to participate in the "China-Indian Ocean Forum on Development Cooperation" w...
30 Nov, 2022, 10.34 AM IST
Japan signs pact with Maldives, announces $7.6 million support for security infrastructureThe Maldives and Japan on Sunday signed the Exchange of Notes under the Economic and Social Development Programme of the Government of Japa...
22 Nov, 2020, 02.17 PM IST
Faced with mounting debt, Maldives seeks assistance from IndiaThe Maldives is said to owe close to 70 per cent of its external debt to China.
26 Nov, 2018, 09.45 AM IST
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.
25 Sep, 2018, 09.30 PM IST
China meddling in Maldives' internal affairs: ex-foreign minister Ahmed NaseemAhmed Naseem, who is in the US to brief Trump administration officials on the political turmoil in the Maldives, said his country is now a ...
16 Mar, 2018, 12.59 PM IST