Ahmed Munawar

In March 2021, President Ibrahim Mohamed Solih, at the 'Decentralization Policy Coordination Conference,' stated that recent amendments made to the Decentralization Act would empower councils, providing the financial independence and...

On 7 October, the Maldives will take on Bangladesh in a must-win match for it in the South Asian Football Federation (SAFF) Championship 2021, at the National Football Stadium, in...

In a special interview to MFR to mark World Tourism Day on 27 September 2021, Minister of Tourism, Dr. Abdulla Mausoom, said that he anticipates a steep recovery in the...

On 22 September, the Housing Development Finance Corporation Plc (HDFC) announced the extension of the closing date of its Mudarabah Sukuk Issue No. 4 from 30 September to 31 October...

Since 2004, the Maldives started her journey to move towards a modern democracy and this was cemented with the enactment of the new constitution in 2008 by President Maumoon Abdul...

On 2 September 2021, the Government of Maldives issued another USD200 million Sukuk, or Islamic bond, in addition to the USD300 million issued in March (USD200 million) and April (USD100...

On 9 August 2021, Minister of Finance Ibrahim Ameer announced the decision to avail a further USD30 million from the International Monetary Fund (IMF), in addition to the USD28.9 million...

Most economists are skeptical whether recently announced government's de-dollarization policy can actually solve the exchange rate issue in the Maldives without taking steps to resolve the major fundamental disequilibrium in...

On 25 May, President Ibrahim Mohamed Solih announced a new relief package to assist and stimulate businesses, during yet another COVID-19 lockdown. However, unlike many other countries, all assistance provided...

Each business has its unique story to tell, but there are certain common factors that enable them to be successful and their 'lessons learnt' can prove invaluable for new start-ups.

Almost 90 percent of the 8,000 businesses registered to pay taxes in the Maldives are Small, and Medium-sized Enterprises (SMEs). SMEs are important in that their contribution to employment and GDP...

Halfway through the current administration, with 7,000 “Hiyaa” flats initiated by the previous administration still not handed over, many are becoming increasingly disillusioned by the thought that housing is just...