Economic Minister refutes IMF bailout rumors

He went on to insist that Maldives did not need an IMF package as the economic growth was better than expected.

16 February 2024

Global hedge funds plan 2023 around inflation risk

Most of the hedge fund managers Reuters spoke to think long-short equity strategies will remain out of favour after last year's underperformance.

5 January 2023

MPs call on governor Hashim to drop out like US president Biden

MDP Parliamentary Group Leader Hithadhoo South Constituency Member Ibrahim Nazil said President Muizzu did not have sincere people around him.

22 July 2024

ADK to hike service fees over high operating costs

ADK said that the change in service prices can be viewed at the hospital's counters.

14 December 2022

Tax hike alone not enough, urgent cost cuts needed: World Bank

According to the World Bank, inflation in the Maldives, which is currently at 4%, is expected to rise to 5.7% this year.

7 May 2023

3% hike in commodity prices; unlikely to rise again

Many traders said they were unlikely to see any further hike in prices this year.

31 January 2023

Unlike rest of the world, Maldives economy will grow faster: MMA

Electricity bills will see a hike as electricity subsidy will be given to only the needy.

3 December 2022

Don't doubt the dollar

FX analysts at HSBC and Morgan Stanley are among those who reckon that the dollar is peaking and will weaken next year.

21 November 2022