China
No Chinese, no business: The Peking Pound and the Maldives
China remains the single highest supplier of tourists to the Maldives, but dwindling figures have heightened fears that the market has peaked.
17 Oct 2017, 9:00 AM
Maldives issues sovereign guarantee for US$370 million Chinese loan
The sovereign guarantee was issued for a US$370 million (MVR5.6 billion) loan for the development of 7,000 housing units in the capital’s suburb Hulhumalé.
09 Oct 2017, 9:00 AM
Tourist arrivals increase 4.3 percent in first quarter
Arrivals grew by 15.6 percent in January, the peak season for the industry which also coincided with the Chinese New Year. But the growth rate was marginal in February at 0.3 percent and registered a 2.1 percent decrease in March.
13 May 2017, 9:00 AM
Government denies ‘selling off’ atoll to Saudi Arabia
The categorical denial comes after Climate Home reported former President Mohamed Nasheed and foreign policy experts raising the prospect of Saudi Arabia seeking a strategic anchor in the Maldives to secure an oil route to China.
08 Mar 2017, 9:00 AM
Saudi Binladin Group awarded Maldives airport terminal project
A massive project to construct a new passenger terminal at the Ibrahim Nasir International Airport has been awarded to the Saudi Binladin Group for an undisclosed amount.
22 May 2016, 9:00 AM
Maldives and the Great Game in the Indian Ocean
The Maldives, faced with economic and political crises, has reoriented its foreign policy, wherein the Chinese enjoy a place of much greater influence than they did in the past. Anand Kumar examines the emerging security scenario in the Indian Ocean.
16 May 2016, 9:00 AM
India gifts second helicopter to Maldives
The Indian government gifted a second helicopter to the Maldivian military last week following the signing of an Indo-Maldives defence action plan in April.
01 May 2016, 9:00 AM
Chinese admiral in Malé for defence talks
Vice Admiral Tiang Zhong met with Defence Minister Adam Shareef Umar, Chief of Defence Forces Major General Ahmed Shiyam and senior military officers to discuss boosting cooperation and developing the Maldivian military’s human resources, according to the Maldives National Defence Force.
26 Apr 2016, 9:00 AM
Maldives hopeful of securing financing from Chinese-led bank
Speaking to reporters after returning from an official visit to China to attend the AIIB’s inaugural board of governors meeting in Beijing, Muiz said that the bank’s president, Jin Liquin, assured him of funding for infrastructure projects during an official meeting.
21 Jan 2016, 9:00 AM
Maldives to partner with Saudi Arabia and China on mega projects
President Abdulla Yameen is looking to Saudi Arabia and China for investment amidst persisting criticism of his human rights record by western powers.
01 Dec 2015, 9:00 AM
Contractor chosen for ‘China-Maldives Friendship Bridge’
The bidding process was launched in Beijing last Tuesday with a team of 11 experts evaluating bids from three companies shortlisted by the Chinese government. They were China Railway Major Bridge Engineering, CCCC Second Harbour Engineering, and Sichuan Road and Bridge Construction. The housing ministry has not revealed the chosen contractor.
14 Nov 2015, 9:00 AM
Tourist arrivals increase in August as occupancy rate continues to fall
After registering a four percent decline in July, arrivals from China increased by 7.8 percent in August despite a slowdown in the Chinese economy and a surprise devaluation of the Yuan. China remains the largest source market for tourists to the Maldives with a 31.6 percent market share.
04 Oct 2015, 9:00 AM
Vice president extols friendship with India and China
Vice President Ahmed Adeeb lauded and reaffirmed the Maldives’ friendship with rivals India and China at separate functions this week. The current administration has been accused of threatening Indian Ocean regional security by deciding to participate in the Chinese ’21st Century Maritime Silk Road’ initiative.
28 Sep 2015, 9:00 AM
Damaged pitch forces Maldives to play World Cup qualifying matches in China
The Maldives will have to play both legs of its 2018 FIFA World Cup qualifying matches against China away from home after Independence Day celebrations left the national stadium’s pitch damaged beyond use.
22 Aug 2015, 9:00 AM
In letter to Modi, Yameen pledges to keep Indian Ocean demilitarized
President Abdulla Yameen, in a letter to Indian Prime Minister Narendra Modi, has assured India that Maldives will keep the Indian Ocean demilitarized and will not allow foreign military bases in the Maldives, report Indian media.
09 Aug 2015, 9:00 AM
China denies planning military bases in Maldives
China “has always respected and supported the Maldives’ efforts to maintain its sovereignty, independence and territorial integrity,” the Chinese foreign ministry has said. “What the relevant people said about China building bases in the Maldives is totally baseless,” it added.
28 Jul 2015, 9:00 AM
Foreign freeholds will not threaten Indian Ocean security, assures President Yameen
After ratifying the second amendment to the constitution today, President Yameen sought to allay fears over foreign ownership of land in the Maldives, assuring the public that freeholds will not threat Indian Ocean security or lead to “enslavement” and scarcity of land.
23 Jul 2015, 4:31 PM
Amendments raise fear of Chinese military expansion in the Maldives
Proposed constitutional amendments to allow foreign ownership of land in the Maldives will allow China to establish military facilities in the Maldives and destabilize the Indian Ocean, a source within the main opposition Maldivian Democratic Party (MDP) has said.
22 Jul 2015, 4:06 PM
With Chinese grants and loans Malé-Hulhulé bridge inches closer to reality
The Malé-Hulhumalé bridge will cost an estimated US$300 million, finance minister Abdulla Jihad revealed today. In addition to US$100 million in grant aid, the Chinese government will also provide a US$170 million loan at a two percent interest rate.
09 Jul 2015, 7:50 PM
Defence minister summoned over Chinese submarine ‘incursion into Maldivian waters’
Defence minister Moosa Ali Jaleel has been summoned to parliament to answer whether a Chinese Yuan class 335 submarine entered Maldivian territorial waters between March 31 and May 22. MDP MP Eva Abdulla submitted the question to parliament yesterday to summon the retired major general for minister’s question time.
08 Jul 2015, 3:56 PM
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