Transparency Maldives highlights plight of migrant workers on May Day

“People need to be more outraged. Migrant workers are not of our nationality, but they are human beings. Maldivians need to consider their plight, especially on May Day,” TM’s Aiman Rasheed said.

Nasheed warns of “imminent sovereign debt crisis”

“The Maldives is now known around the world as a country that doesn’t keep its promises or honour the contracts. The airport fiasco will hit each and every Maldivian because banks won’t lend money and companies won’t invest in our country without demanding much higher rates of interest,” the former president warned.

GMR holds to US$1.4 billion compensation figure

“The forceful takeover of the airport by Maldives government amounts to repudiation of a valid contract and therefore damages, including loss of future profit has to paid. Thus, GMR’s claim is $1.4 billion,” Indian media reported the Bangalore-based infrastructure giant as saying in a statement on Friday.

“Yonder lies the greener pastures”: President Yameen inaugurates investor forum in Singapore

In his keynote address at the event, President Yameen said his administration was “cognisant of the needs of our investors and the requirements to strengthen and redefine the legal and regulatory environment governing foreign investments.”

Yameen concedes that GMR is owed some compensation

The president has today said the government was sure it would have to pay compensation for cancelling the agreement made with the Indian infrastructure giant, though he was working to try and reduce the amount payable.

Is the government protecting the youth from drugs?

Last weekend’s raid of the Anbaraa island music festival was defended by police as being part of law enforcement efforts to “safeguard youth and the society from dangers of drugs”. But how successful are current methods of keeping young people away from substance abuse?

“Ideal” time to invest, says MNCCI as Maldives Investment Forum approaches

“The last 3 years there has been a lot of turmoil, but now is the ideal time to invest and talk about business,” suggests Ishmael Asif, Vice President of the Maldives National Chamber of Commerce and Industries ahead of this Friday’s landmark investment forum in Singapore.

Islamic minister completes first official visit to India

Sheikh Shaheem met with the Vice President of India and discussed building a close relationship between India’s Muslim community and Maldives. Shaheem returned home with promises of technical and financial assistance from India for the works of the Islamic ministry.