Read the latest news from regional and global sources, presenting different voices and perspectives.
Transforming transit payments in Sri Lanka: Practical and inclusive path forward
Daily FT
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Reliance on cash within the public transport system presents a range of operational, financial, and regulatory challenges that digital payment ecosystems are well positioned to address The public transport sector of Sri Lanka plays a vital role as...
Pizza Hut makes key appointments for Indian Subcontinent
ETRetail.com
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June 17, 2025
New Delhi: Pizza Hut has announced the appointments of Pranav Dahiya as chief financial & strategy officer and Nazia Abidi as chief people & culture officer for the Indian Subcontinent, the company said in a press release on Tuesday. Dahiya, who...
India 'satisfied' with $400 million currency swap that boosted Maldives' FX reserves
The Economic Times
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June 14, 2025
India on Saturday noted with satisfaction that the USD 400 million currency swap between Male and New Delhi helped boost Maldives' foreign exchange (FX) reserves. The comments by the Indian High Commission in Maldives came after global credit...
World News | India satisfied' with USD 400 Million Currency Swap That Boosted Maldives' FX Reserves
Latestly
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June 14, 2025
Male, Jun 14 (PTI) India on Saturday noted with satisfaction that the USD 400 million currency swap between Male and New Delhi helped boost Maldives' foreign exchange (FX) reserves. The comments by the Indian High Commission in Maldives came after...
India ‘satisfied’ with $400 million currency swap that boosted Maldives’ Forex reserves
Orissa Post
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June 14, 2025
Male: India Saturday noted with satisfaction that the $400 million currency swap between Male and New Delhi helped boost Maldives’ foreign exchange (FX) reserves. The comments by the Indian High Commission in Maldives came after global credit...
Bank of Maldives Urges Customers to Update Mailing Addresses for Card Delivery
The Maldives Journal
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The Bank of Maldives (BML) has issued a request for customers in the Male’ region to update their mailing addresses to ensure smooth delivery of bank cards through Maldives Post. The announcement addresses challenges faced in delivering cards...
Silver Sands Celebrates 25 Years of Marine Excellence in the Maldives
The islandchief
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Silver Sands Pvt Ltd, a pioneering name in the Maldives’ tourism industry for providing dive, watersports and excursions, proudly marked its 25th anniversary with a grand celebration held at Kurumba Maldives. The event brought together the...
India ‘satisfied’ with role of USD 400m currency swap
Sun Online International
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India has expressed satisfaction at the role of the USD 400 million currency swap between Male’ and New Delhi in boosting Maldives’ foreign exchange (FX) reserves, thereby alleviating imminent external liquidity strains. The Maldives Monetary...
MTCC MD confident company will not hit insolvency
Sun Online International
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The Managing Director of Maldives Transport and Contracting Company (MTCC), Ahmed Saudhy has expressed confidence the corporation will not face insolvency despite going through current financial predicaments. He made the remarks during an...
Meyyafushi Maldives to open on October 1, 2025
Hotelier Maldives
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June 14, 2025
Meyyafushi Maldives, a five-star Premium All -Inclusive Boutique Resort, awaits for its guests from 1st October 2025. Meyyafushi is nestled on a natural island in the pristine Lhaviyani Atoll, offering an extraordinary escape that blends...
Hard Rock Cafe’s Annual World Burger Tour Competition Brings Locally Inspired Burgers to Maldives
The islandchief
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Hard Rock Cafe has kicked off its annual World Burger Tour competition in celebration of Hard Rock International Founders' Day. Hard Rock Cafe chefs from around the world were challenged to develop unique burger creations that showcase elements...
Women-led businesses are defying expectations in Hunza
Dawn
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June 14, 2025
In a sawdust-filled workshop nestled in the Karakoram Mountains, a team of women carpenters chisel away at cabinets — and forge an unlikely career for themselves in Pakistan. Women make up just a fraction of Pakistan’s formal workforce. But in a...
World Bank Country Director Sislen pays courtesy call on PM Oli
Nepal News
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KATHMANDU: World Bank Country Director for Nepal, Maldives and Sri Lanka, David Sislen, paid a courtesy call on Prime Minister KP Sharma Oli at the Prime Minister’s residence in Baluwatar today. During the meeting, the two sides discussed...
Review: Huvafen Fushi – be reborn in the Maldives
MoneyWeek
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June 13, 2025
As we approached our resort in the Maldives by speedboat, our guide asked us to look ahead. “That’s Huvafen Fushi,” he said. And there it was, a picture-perfect view of an island with tropical greenery, white sand and clear waters. The staff lined...
Maldives releases digital ID draft legislation for public feedback
Biometric Update
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June 11, 2025
Government stakeholders, the business community, industry actors and members of the general public in Maldives have until June 15 to submit comments to the first draft of the country’s Digital Identity Bill. Public media outlet PSM reports that...
Developing Economies Cannot Afford a Fossil-Free Future Yet
The National Interest - Washington D.C.
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June 13, 2025
While the world pushes for clean energy, developing economies still rely on fossil fuels, and without major financing, the transition will remain unequal and out of reach. According to Greenpeace, one of the world’s leading environmental...
Maldives and Sri Lanka to celebrate 60 years of diplomatic relations
Ras Online
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The Maldives and Sri Lanka will mark the 60th anniversary of diplomatic relations with a series of colorful celebrations, according to the Maldivian High Commission. In an exclusive interview with state media, the Maldivian Ambassador to Sri Lanka...
Uzbekistan’s first ambassador to the Maldives presents credentials to President Mohamed Muizzu.
Kun.uz
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June 13, 2025
Uzbekistan’s first ambassador to the Maldives, Sardor Rustambayev, formally presented his credentials to President Mohamed Muizzu. Following the official ceremony, the two sides held a meeting to discuss the current state and future prospects of...
Lucky American wins lottery cottage in Ireland for $12.67 but it was the homeowner who really won
Irish Star
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June 17, 2025
13:23 ET, 17 Jun 2025Updated 13:29 ET, 17 Jun 2025 An Ohio woman, Kathleen Spangler, entered a raffle on a whim to win a cottage in Ireland and now finds herself a homeowner for just $12.67. In December 2024, she purchased three raffle tickets for...
Fitch maintains 'junk' rating as fear of Maldives defaulting on debt grows
Raajje
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One of the world’s largest credit rating agencies, Fitch Ratings has maintained the Maldives' credit rating at "CC" again, considering the extremely high risk of default. A 'CC' rating is given when there is a high risk of default and bankruptcy....