Male: India, China to pay for imports with local currency

Male: India, China to pay for imports with local currency

MALE: Maldives on Wednesday said both India and China have agreed to cooperate in efforts to pay for imports in their respective countries’ currency instead of the US dollar, which is likely to help Male save almost 50% of the annual $1.5 million imports bill from the two countries.Maldives’ economic development minister Mohamed Saeed said … Read more

All-inclusive resorts add services to attract more luxury travelers

All-inclusive resorts add services to attract more luxury travelers

All-inclusive hotels are making a big play for luxury travelers. In the wake of the pandemic, demand for all-inclusive resorts skyrocketed, according to a report by JLL Research Hotels & Hospitality. Travelers — suddenly and en masse — wanted vacations that were stress-free and easy to plan, ideally with a wellness component, according to the … Read more

Fallout between Maldives and India ‘absolutely’ benefiting Sri Lanka

Fallout between Maldives and India ‘absolutely’ benefiting Sri Lanka

Calls for Indian travelers to boycott the Maldives is “absolutely” helping Sri Lanka’s travel industry, the country’s Tourism Minister Harin Fernando said Thursday. “The Maldives issue is … helping us,” Fernando told CNBC, referencing a social media row in January that resulted in a sharp drop in Indian visitors to the Maldives this year. India … Read more

Tonning Down Anti-India Rhetoric, Maldives President Seeks Debt Relief From India

Tonning Down Anti-India Rhetoric, Maldives President Seeks Debt Relief From India

Maldives: Maldives President Mohamed Muizzu on Thursday said India will continue to remain his country’s “closest ally” and requested to provide debt relief to his country weeks after his anti-India r Tonning Down Anti-India Rhetoric, Maldives President Seeks Debt Relief From India Maldives: Maldives President Mohamed Muizzu on Thursday said India will continue to remain … Read more

India, Maldives hold high-level core group meeting; discuss military operations | India News

India, Maldives hold high-level core group meeting; discuss military operations | India News

NEW DELHI: India, Maldives discussed the ongoing deployment of technical personnel and bilateral cooperation in the third meeting of the India-Maldives high-level Core Group on Sunday, the ministry of external affairs said in a statement.The discussion focused on providing humanitarian aid to the Maldives’ people through Indian aviation. “During the meeting, both sides reviewed the … Read more

Maldives Tourism: Indian tourists shun Maldives! Industry feels the pinch, say reports | India Business News

Maldives Tourism: Indian tourists shun Maldives! Industry feels the pinch, say reports | India Business News

Indian tourists, who used to flock to the Maldives, are now shunning the island nation and its tourism industry is already feeling the pinch of declined revenue, prompting calls for mending the fence with New Delhi. India has slipped to sixth position in 2024 compared to being a topper in visitor numbers in 2023, prompting … Read more

Maldives purchases drones from Turkey to patrol country’s vast maritime area

Maldives purchases drones from Turkey to patrol country’s vast maritime area

MALE: Maldives has for the first time acquired surveillance drones from Turkey for patrolling its vast exclusive economic zone, according to media reports on Sunday. Efforts have begun by the state to establish a drone base in Noonu atoll Maafaru to operate the military drones brought from Turkey to conduct monitoring of Maldives’ ocean territories, … Read more

Indian tourists in Maldives decline by 33% amid diplomatic row, India drops to 6th position on visitor rankings

Indian tourists in Maldives decline by 33% amid diplomatic row, India drops to 6th position on visitor rankings

NEW DELHI: Amid an ongoing diplomatic row, the number of Indian tourists visiting the Maldives has dropped by 33 per cent as compared to last year, Maldivian website Adhadhu reported, citing data from the Maldives Tourism Ministry. Decrease in market share According to Tourism Ministry statistics for the year 2023, the number of Indian tourists … Read more

Maldives President Muizzu Gets Strict On Indian Military Presence; Says

Maldives President Muizzu Gets Strict On Indian Military Presence; Says

Maldivian President Mohamed Muizzu has reiterated that no Indian military presence will be allowed in the island nation after May 10. Male: In a high-stakes diplomatic battle, Maldivian President Mohamed Muizzu has declared that no Indian military personnel will remain in the Maldives after May 10, whether in uniform or civilian clothing. The Maldivian President … Read more

China To Provide Free Military Assistance To Maldives; Inks Agreement To Bolster Bilateral Ties

China To Provide Free Military Assistance To Maldives; Inks Agreement To Bolster Bilateral Ties

Maumoon and Major General Baoqun signed an agreement on China’s provision of military assistance gratis to the Republic of Maldives, fostering stronger bilateral ties. Maldives President Mohammed Muizzu Male: China on Monday signed a defence cooperation agreement with the Maldives to provide free military assistance to foster “stronger” bilateral ties, weeks after President Mohamed Muizzu set a deadline … Read more