Yameen in China to further economic ties

Yameen in China to further economic ties

Beijing,December 6 (newsin.asia):  The Maldivian President Abdulla Yameen, accompanied by First Lady Fathimath Ibrahim, arrived here on Wednesday on a three-day visit to China to further the already strong economic ties between the two countries. Yameen, who is on a State visit at the invitation of his Chinese counterpart, Xi Jinping, is expected to oversee […]

Maldives-China FTA to be signed during Yameen’s Dec 6 to 9 visit to Beijing

Maldives-China FTA to be signed during Yameen’s Dec 6 to 9 visit to Beijing

Colombo, December 5 (newsin.asia): The Maldives-China Free Trade Agreement (MCFTA) which was passed by the Maldivian parliament recently, is likely to be signed during Maldivian President Abdulla Yameen’s three-day visit to Beijing which begins on December 6, a Maldivian official said.  . A brief note issued on Monday said the trip, which takes place from December […]

Maldives- China FTA will not affect commercial and security ties with India: Maldivian envoy

Maldives- China FTA will not affect commercial and security ties with India: Maldivian envoy

Colombo, December 4 (The Hindu): Enhanced trade relations with China will not affect Maldives’s relations with its neighbors, said a visiting Maldivian Minister, the country’s Attorney General and the Ambassador in Sri Lanka here on Monday. They were defending the recently concluded  Free Trade Agreement with China which has drawn flak from the opposition parties […]

Ex-Maldivian Prez Nasheed constitutionally barred from contesting 2018 election

Ex-Maldivian Prez Nasheed constitutionally barred from contesting 2018 election

Colombo, December 4 (newsin.asia): Former Maldivian President Mohamed Nasheed, the Jumhoori Party leader Gasim Ibrahim, and Sheikh Imran, leader of the Adalaath Party, cannot contest the September 2018 Maldivian Presidential election because they do not qualify to do so under the constitution of the country, the Maldivian Ambassador to Sri Lanka, Mohamed Hussain Shareef, said […]

Air show kicked off in Dubai without Qatar Airways

Air show kicked off in Dubai without Qatar Airways

Dubai, Dec 3 (DAWN) – The biennial Dubai Airshow got underway last week as the world’s biggest defence companies promoted their weapons amid heightened tensions between Saudi Arabia and Iran. Other airlines also took part, but missing from the trade show this year was one of the region’s largest long-haul carriers, Qatar Airways, amid diplomatic […]

Indian envoy in Sri Lanka urges youngsters to bring about change and be the change

Indian envoy in Sri Lanka urges youngsters to bring about change and be the change

Colombo, December 1 (newsin.asia): The Indian High Commissiner in Si Lanka, Taranjit Singh Sandhu, told young participants in the Second Annual Conference on Social Entrepreneurship here that they should not only bring about change for the better, but also be the change themselves. He said that there are many changes that the younger generation can […]

Maldivian opposition protests rushing through of FTA with China

Maldivian opposition protests rushing through of FTA with China

Colombo, November 30: The opposition Maldivian Democratic Party (MDP) has vehemently protested against the way the Abdulla Yameen government rushed the China-Maldives Free Trade Agreement (FTA) through parliament on Wednesday, writes P.K.Balachandran in South Asian Monitor. “The Speaker of parliament had called for an emergency sitting, to pass the FTA with China. The Agreement was […]

Maldivian tourism to promote itself vigorously in 2018 as Chinese arrivals decline

Maldivian tourism to promote itself vigorously in 2018 as Chinese arrivals decline

Male, November 30 (newsin.asia): The Maldives will be participating in seven out of 15 international tourism trade fairs in 2018 to boost its tourist industry which is flagging because of a fall in Chinese arrivals in the past four years. The Maldives Marketing and Public Relations Corporation (MMPRC) says that it will participate in the […]

Maldivian Govt justifies fast tracking FTA with China in the face opposition flak

Maldivian Govt justifies fast tracking FTA with China in the face opposition flak

Colombo, November 30 (newsin.asia): The Maldivian government has justified fast tracking a Free Trade Agreement (FTA) with China in the face of heavy flak from the opposition Maldives Democratic Party (MDP). Economic Development Minister Mohamed Saeed told the media on Wednesday after the FTA was approved by parliament, that the pact has opened the world’s […]

Maldives’ Central Bank Governor says borrowings used only for capital expenditure

Maldives’ Central Bank Governor says borrowings used only for capital expenditure

Male, November 29 (newsin.asia): The Governor of the Maldives Monetary Authority, Ahmed Naseer, has said that since the expected total revenue (excluding grants) of the government is 1.3 times higher than the expected current expenditure, the revenue is sufficient to cover current expenditure, and funds raised from borrowings are used solely for capital investments. On […]