Autograph Collection Debuts in Maldives with Rebranding of Raffles Meradhoo
Marriott International's Autograph Collection is set to debut in the Maldives on November 1, 2025, with the rebranding of Raffles Maldives Meradhoo to The Halcyon Private Isles Maldives. This 38-villa luxury resort, owned by CDL Hospitality Trusts, will join Marriott's portfolio, offering guests unique experiences and Marriott Bonvoy benefits.
President Muizzu Hails China as Key Ally for Equality and Development
Maldivian President Mohamed Muizzu recently lauded China as a steadfast partner for the Maldives and other small island states, emphasizing its role in promoting sustainability, resilience, and fairness on the global stage. He highlighted the deep friendship and shared progress between the two nations, underscoring China's commitment to multilateralism and non-interference. This praise follows his significant state visit to China in January 2024, where numerous bilateral agreements were signed.
Bank of Maldives Introduces Chinese Yuan Accounts to Strengthen Bilateral Trade
The Bank of Maldives (BML) has launched Chinese Yuan accounts, a strategic move to bolster financial links and facilitate trade under the China-Maldives Free Trade Agreement. The new services, including Yuan current accounts, international transfers, Letters of Credit, and WeChat Pay integration, aim to enhance convenience for businesses and individuals.
Maldives Establishes Digital Transformation Council to Advance 'Maldives 2.0' Vision
President Dr. Mohamed Muizzu established the Digital Transformation Council on September 22, 2025, to spearhead the 'Maldives 2.0 – Digital-First Nation' vision. Chaired by Muizzu, the council will guide the three-year initiative aimed at digitizing government services, enhancing transparency, and fostering a digital economy, drawing inspiration from Estonia's success.