Maldives News » Male News Maldives » Male » Economy: Maldives: Rocked by Protests Over Economy
For seven consecutive days, thousands of residents of Male, the capital of Maldives, have protested on busy streets and public spaces, expressing their dissatisfaction over soaring prices of consumer ...
News Maldives » Male » Economy: Maldives’ Economy Records Strong Recovery Amid Existing Weaknesses and Global Challenges
MALE’, April 13, 2022 — Maldives’ economy, buoyed by a strong rebound in tourism, is projected to grow at 7.6 percent in 2022 and fully recover to pre-pandemic levels by 2023, but the country’s high ...
News Maldives » Male » Economy: Sri Lankan president flees to the Maldives amid protests over economic crisis
COLOMBO, Sri Lanka — Sri Lankan President Gotabaya Rajapaksa fled the country on Wednesday, hours before he was due to step down after a people’s uprising over a devastating economic crisis ended his ...
News Maldives » Male » Economy: ADB Warns of Sharp Economic Slowdown in Maldives as Middle East Conflict Hits Tourism and Public Finances
ADB forecasts economic growth to plunge to 1.0% in 2026, a sharp decline from 5.4% in 2025, before recovering modestly to 3.0% in 2027 as tourism stabilises and global oil prices ease.
News Maldives » Male » Economy: Maldives Opposition Warns FTA With China Imperils Economic Sovereignty
If tariffs are eliminated for Chinese goods, Maldives will be forced to import exclusively from China as goods from other countries would not be able to compete against cheaper Chinese goods. Chinese ...