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In October 2024, the Maldives Monetary Authority (MMA) introduced significant foreign exchange measures to address a persistent U.S. dollar shortage, which had been impacting the economy. This move included amendments...
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The Maldives has long relied on tourism as the cornerstone of its economy. However, like many small island nations, it faces significant financial challenges, including a growing national debt exacerbated...
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On 3rd December 2024, Moody’s Ratings (Moody’s) confirmed and maintained the Maldives’ Long-Term Local and Foreign Currency Issuer Rating of Caa2.
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The waiting queue at hospitals is no secret when it comes to the Maldives - especially at public hospitals such as Indira Gandhi Memorial Hospital (IGMH). Recently, however, even when...
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2024 has been marked as the year that the Maldives started taking some major steps towards creating a healthier society by moving away from the normalisation of smoking tobacco and...
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The Maldives government has recently taken a firm step to reinforce its solidarity with Palestine by replacing SumSub, the former vendor for its national digital identity service, eFaas. The National...
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In a move towards providing more advanced services and a variety of options to its customers, the Bank of Maldives (BML) has announced the launch of its Shari’ah-compliant BML Islamic...
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In a move to address child abuse in the Maldives, Advocating the Rights of Children (ARC) has unveiled the HOPE Campaign website. ARC Maldives is a non-governmental, non-partisan, non-profit organization...
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Maldives Food and Drug Authority (MDFA) has been in the process of sampling and checking the quality of a variety of medications that are widely available and used, both in...
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Over the years, the Maldives has become one of the most popular island destinations that travellers seek out for an idyllic vacation. While the start of the tourism industry was...
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The Maldives has yet again won the prestigious title of the ‘World’s Leading Destination Award’ at the World Travel Awards (WTA). This is the fifth consecutive year that the Maldives...
