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As the Maldives grapples with a growing debt crisis, the government has recognized the urgent need to enhance the efficiency and profitability of State-Owned Enterprises (SOEs) and government companies. In...
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On August 29, 2024, Fitch Ratings downgraded the Maldives' Long-Term Foreign Currency Issuer Default Rating (IDR) from "CCC+" to "CC," reflecting heightened concerns over the country's external and fiscal sectors....
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In recent years, FENAKA Corporation, a key utility provider in the Maldives, has been at the centre of scrutiny due to a series of financial mismanagement issues. The company, which...
2 min read
The Maldives, renowned for its picturesque islands and booming tourism industry, is now grappling with a rising tide of economic uncertainty. As the country's debt levels continue to climb, citizens...
1 min read
Just as the world started going back to normalcy following the COVID-19 pandemic, the World Health Organisation (WHO) has now declared the mpox virus, formerly known as monkeypox, a Public...
3 min read
The Maldives is surely one of the countries where citizens have an easier time accessing healthcare. While countries like America struggle to establish a good healthcare system that is accessible...
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During the current monsoon season in the Maldives, heavy torrential rainfalls have once again highlighted the persistent issue of road flooding in Malé City. Despite various parts of the Maldives...
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One of the biggest issues that a lot of Maldivian citizens face is the over-centralisation when it comes to the country. Since the country started developing, it has been noted...
2 min read
Although the Maldives is renowned for its white sandy beaches and lush greenery, the nation heavily depends on imports for a significant portion of its essential goods. Despite its relatively...
