Author: hyvemedia

A landmark regional training on philanthropy for climate action convened in Bangkok from 27–28 February 2025, uniting 24 government representatives from 12 Asia-Pacific nations alongside experts from philanthropic organizations and international development agencies. The event aimed to deepen understanding of how philanthropic capital can be leveraged to bridge climate finance gaps and support national climate strategies. Hosted by the United Nations Development Programme (UNDP) through its Climate Finance Network (CFN), the training was supported by the UK’s Foreign, Commonwealth and Development Office (FCDO), the Swedish International Development Cooperation Agency (Sida), and facilitated by the Centre for Asian Philanthropy and Society…

Bank of Maldives (BML) has officially opened applications for the “Bank Fund,” a community-focused initiative launched last year to empower NGOs to implement sustainable and impactful projects across the country. As part of the 2025 cycle, BML will select five projects in key areas including education, environment, sports, and community development. Each selected project will receive MVR 200,000 in funding to support their implementation and long-term impact. The Bank has invited registered clubs and associations in the Maldives to submit their proposals via email to [email protected]. All applications must be submitted before 4:00 PM on May 29, 2025. BML has…

Bank of Maldives (BML) has signed a strategic partnership with the Maldives Marketing & Public Relations Corporation (MMPRC) to promote the Maldives as a top-tier global travel destination through the Bank’s international card partner network. The agreement was formalized today at the Arabian Travel Market (ATM) in Dubai, one of the leading global travel and tourism trade shows. Speaking at the signing ceremony, BML CEO and Managing Director Mohamed Shareef expressed optimism about the collaboration. “We are excited to collaborate with MMPRC on marketing the Maldives. Our exclusive global card partnerships allow us to launch far-reaching destination marketing initiatives to…

Bangladesh is grappling with a deepening currency crisis as the country reels from a turbulent political transition. The removal of longtime Prime Minister Sheikh Hasina in August 2024 and the installation of an interim government led by Nobel Peace Prize laureate Muhammad Yunus have sent shockwaves through the economy, which now faces dwindling foreign reserves, soaring inflation, and a fragile banking sector. Foreign currency reserves have plunged from $48 billion in 2021 to just over $18 billion, a level barely sufficient to cover a few months of imports. This decline has intensified pressure on the taka, raised the cost of…

Groq, a leading innovator in AI inference technology, has announced a strategic partnership with Meta to power the official Llama API, delivering what it claims to be the fastest and most cost-effective way to run Meta’s latest Llama 4 models. In a major step forward for developers building production-ready AI applications, the Llama 4 API — now in preview — is being accelerated by Groq’s proprietary Language Processing Unit (LPU), touted as the world’s most efficient inference chip. The collaboration aims to provide developers with an unparalleled combination of speed, low cost, predictable low latency, and scalable performance. “Teaming up…

The Maldives is making a powerful impression at the Arabian Travel Market (ATM) 2025, with the Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives) leading a 230-strong delegation representing 111 travel and tourism companies. The Minister of Tourism and Environment, Hon. Thoriq Ibrahim, is also in attendance, actively engaging with industry leaders to promote the Maldives as a top global travel destination. ATM 2025 is being held from April 28 to May 1 at the Dubai World Trade Center. Highlighting the importance of air connectivity in tourism promotion, Beond is participating as the official airline partner of the Maldives delegation.…

The International Monetary Fund (IMF) issued a stark warning about global financial stability during its 2025 Spring Meetings, highlighting the growing risks posed by policy uncertainty, high asset valuations, and escalating sovereign debt pressures. In its newly released Global Financial Stability Report (GFSR), the IMF emphasized that, while markets have managed to absorb recent shocks in an “orderly” fashion, the risks to financial stability are leaning sharply downward, particularly for emerging markets. Key Vulnerabilities Highlighted Tobias Adrian, the IMF’s Financial Counsellor, outlined three key vulnerabilities driving the Fund’s current assessment of global economic risks: Elevated Asset Valuations: Despite recent corrections,…

A growing number of leading economists are warning that the U.S. economy could be headed for a recession, with uncertainty surrounding President Donald Trump’s tariff policies emerging as a key driver of market volatility and business hesitation. A new Wall Street Journal survey of 64 economists, conducted in early April, found that the probability of a U.S. recession within the next 12 months had risen to 45%. While still lower than previous peak forecasts during earlier economic scares, the spike in concerns coincides with the latest wave of tariff announcements by the Trump administration—particularly a reciprocal tariff plan announced and…

In a remarkable leap for artificial intelligence — and for marine science — Google has announced the development of DolphinGemma, an advanced AI model designed to learn and mimic the complex vocalizations of dolphins. The announcement, shared via an official Google blog post, marks a major step forward in the quest for interspecies communication. Unveiled fittingly on National Dolphin Day, DolphinGemma reflects the intersection of cutting-edge AI technology and decades of field research. Developed in collaboration with Georgia Tech and the Wild Dolphin Project (WDP), the AI model represents a pioneering attempt to understand dolphin communication patterns deeply enough to…

Kuala Lumpur, Malaysia – April 28, 2025 — President Dr Mohamed Muizzu delivered a powerful keynote address at the International Islamic University Malaysia (IIUM) following the conferment of an Honorary Doctorate in Islamic Leadership and Madani Development, urging the Muslim world to reclaim its legacy of scientific excellence and intellectual leadership. In a lecture titled “Intellectual Renaissance: Unveiling the Scientific and Modern Development of Islamic Civilisation,” President Muizzu reflected on the Islamic Golden Age, when scholars and scientists from the Muslim world led the global pursuit of knowledge. He paid tribute to that era’s achievements and called for a revival…