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Cryptocurrency has revolutionized the concept of cash, offering a decentralized opportunity to standard fiat...

Tourism to drive Maldives’ GDP growth to 17%: WB MALE’, MALDIVES, 2 hours, 20 minutes ago Maldives’ real GDP is expected to grow by 17.1 percent in 2021, thanks to a strong recovery in tourist arrivals and continued investments in tourist facilities, said the World Bank in a new report. “Thanks to progressive measures and adherence to guidelines, the Maldives’ tourism has observed a strong rebound since late last year, with the country’s economy now on the road to recovery,” said Faris H Hadad-Zervos, the World Bank Country Director for Maldives, Nepal and Sri Lanka. “Buil...

Date Time Digital Technologies Can Help Maldives Build Back Better From COVID-19 Shock MALE’, MALDIVES, April 15, 2021- Maldives can leverage digital technologies to build back better for a more green, resilient, and inclusive development following the COVID-19 pandemic, says the latest World Bank Maldives Development Update: A Digital Dawn released today. The Maldives Development Update (MDU) notes that the country, post a massive pandemic led downturn, is firmly on the road to recovery. Thanks to successful marketing campaigns and relatively straightforward entry requirements, Maldives re...