Maldives News
Foreign currency reserves decline amid dollar shortage
Reserves at the Maldives Monetary Authority readily available for use in the foreign currency exchange market declined by US$1.5 million in July as the central bank took steps to alleviate a dollar shortage.
04 Sep 2016, 09:00
Lawsuit challenges constitutionality of Defamation Act
A law firm mounted Sunday a challenge to President Abdulla Yameen’s defamation law, asking the high court to strike down key provisions on the grounds that it contravened the constitution.
04 Sep 2016, 09:00
Moody’s assigns Maldives’ first sovereign credit rating
The Maldives was assigned a local and foreign currency issuer rating of B2, which is considered “speculative and subject to high credit risk.” According to Moody’s, the rating and stable outlook reflect healthy growth prospects driven by the tourism sector, low institutional strength, and a high and rising debt burden.
03 Sep 2016, 09:00
Al Jazeera accused of plotting to damage Maldives economy
In an article published on its website last night, PSM said the ‘Stealing Paradise’ documentary was made in collaboration with the opposition by “a foreigner and non-Muslim called Will Jordan with the purpose of spreading falsehoods about the Maldives and causing loss of investor confidence”.
01 Sep 2016, 09:00
PPM MP slams Sri Lanka for harbouring ‘coup plotters’
MP Riyaz Rasheed slammed Sri Lanka for harbouring “coup plotters,” warning the neighbouring country against interfering in domestic affairs of the Maldives.
01 Sep 2016, 09:00
Man who died in police custody buried without postmortem
A 55-year-old man who died in police custody Tuesday morning has been buried this afternoon after the family decided not to conduct a postmortem overseas.
31 Aug 2016, 09:00
Security forces on alert as opposition stages surprise protest
Hundreds of raincoat-clad protesters have taken to the streets of Malé calling for President Abdulla Yameen’s resignation, prompting a crackdown by riot police who have used pepper spray to disperse the un-announced gathering.
31 Aug 2016, 09:00
‘Jihadis’ plead not guilty to terror charges
Ahmed Latheef, Ahmed Suhail Moosa, and Munawwar Abdulla are the first to stand trial for traveling abroad with the intent of joining a terror group after the offence was criminalised by the controversial 2015 Anti-Terrorism Act.
31 Aug 2016, 09:00
Arrest warrants issued for Nasheed, Jameel, and Akram
The criminal court has issued warrants for the arrest of opposition leaders. Nasheed is wanted over an investigation of “a case involving more than MVR1.8 million that was flagged in a 2011 audit report.”
30 Aug 2016, 09:00
Social media activist given 45-day remand
Shammoon ‘Lucas’ Jaleel will spend a total of 45 days in custody over Twitter posts that police claimed incited hate against security forces
30 Aug 2016, 09:00
55-year-old man dies in police custody
A 55-year-old man detained at a police remand facility died Tuesday morning while en route to a hospital in the capital Malé.
30 Aug 2016, 09:00
Complaint filed over state broadcaster’s live telecast of PPM rally
The main opposition Maldivian Democratic Party has submitted a complaint to the anti-corruption watchdog over the state broadcaster’s live telecast of a ruling party campaign rally.
29 Aug 2016, 09:00
5,000 ‘irregular’ migrant workers sent back
Some 5,000 migrant workers have been repatriated this year due to “irregularities” such as expired work visas and lack of valid travel documents.
29 Aug 2016, 09:00
State challenges payout to official sacked over sexual harassment claim
The attorney general’s office has filed a case at the high court to overturn a lower court order to compensate a top government official sacked for sexual harassment
29 Aug 2016, 09:00
Vice president returns after official visit to UAE
Vice President Abdulla Jihad returned to the Maldives this morning after an official visit to the United Arab Emirates.
29 Aug 2016, 09:00
A conversation on the MUO’s plan for a transitional government
Hussain Shameem, the MUO’s shadow cabinet minister for constitutional reform, speaks about details of the opposition’s plans for the transition and beyond
29 Aug 2016, 09:00
Sewage leaks in Malé prompt concerns over health risks
Residents of Maafannu ward in Malé have raised concern over health risks posed by untreated sewage leaks in their homes and the streets amid a bout of heavy rain and stormy weather
28 Aug 2016, 09:00
Government offers land for sale in Hulhumalé
The properties for sale in Hulhumalé include 38 beachfront plots and 38 beachside plots, each between 1,000 to 1,800 square feet. Bidding will start at MVR3,000 (US$195) per square feet.
28 Aug 2016, 09:00
Ministers and MPs step up nationalistic rhetoric over removal plot
The opposition is being slammed as traitors, and Maldivians are being urged to “close ranks against colonial powers” described by some as involved in an effort to destroy the Islamic faith
28 Aug 2016, 09:00
Business lobby calls for ban on foreign press over ‘damage to Maldives tourism’
Foreign journalists have been biased in their reporting on the Maldives and must be banned from working long-term in the Maldives, says the MNCCI
28 Aug 2016, 09:00
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