2 min read
China has plans to revise schedules for the repayment of loans given to Sri Lanka, in response to the request made by the Lankan President Gotabaya Rajapaksa during his meeting...
2 min read
Citi on 13 January announced it had reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. The transaction...
6 min read
The Chinese Foreign Minister, Wang Yi, is on a swing through the Indian Ocean Region (IOR) from January 4 to 9. Wang’s trip spans the IOR from the East African...
5 min read
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...
2 min read
Bangladeshi Foreign Minister AK Abdul Momen criticises nations for stipulating conditions for vaccines supplies to other countries and for hoarding COVID-19 vaccines.
5 min read
The Maldives had a free-floating exchange rate between 1987 and 1994, and the exchange rate of US dollars (USD) in terms of Rufiyaa (MVR) ranged between MVR8.50 and 11.50. In...
