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Business & Tourism

Tourist arrivals surpass one-million mark

The government hopes to welcome 1.5 million tourists in 2017, despite missing the same target during the past two years. After reaching a record 1.3 million in 2016, arrivals have grown by six percent as of October compared to the same period last year.

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Maldivian Airlines issues non-apology for seaplane crash

Holidaymakers had sat through two aborted take-offs before being lobbed into the ocean on the third attempt, The Sun reported, and were left bobbing in the water after their seaplane crashed.

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Record budget passed after opposition boycott

The record-high budget was passed with 39 votes in favour exclusively from ruling coalition lawmakers in the 85-member house.

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Record MVR28bn budget proposed for 2018

Finance Minister Ahmed Munawar submitted for parliamentary approval a record MVR27.9 billion (US$1.8 billion) budget for 2018.

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Coconuts or progress? President’s question for Kulhudhuffushi

PPM supporters, heads of state-owned firms and senior government officials have been flocking to the northern island for the inauguration of an airport project and the party’s annual meeting.

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Controversial airport project inaugurated despite lack of contractor

The lack of a contractor to build the airport has raised concerns among some islanders that the project is a vote-winning stunt ahead of next year’s election.

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Slow and steady for Kelaa’s guesthouse industry

For decades, the north was neglected by central governments in development plans because of its remoteness. Transport difficulties hindered progress and even today resorts – a Maldivian cash cow – are sparse in the region.

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Airport plans leave Kulhudhuffushi families in the dark over relocation

Families to be relocated because of the airport’s construction say they have received no information about moving or compensation.

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The ropemakers of Kulhudhuffushi

The livelihood of ropemakers in Kulhudhufusshi is under threat because of plans for a new airport.

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Tourist arrivals grow by six percent

The continuing decline of Chinese holidaymakers was offset by strong numbers from traditional European markets and double-digit growth from new markets like India, Thailand and South Korea.

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Buyout firm Bain in Maldives seaplane operator bid: report

TMA calls itself the world’s largest seaplane operator, saying it flew close to a million passengers around the Indian Ocean archipelago last year on more than 120,000 flights.

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Maldives slips on World Bank’s doing business ranking

The Maldives slipped one position in the World Bank’s ease of doing business report for 2018, ranking 136 out of 190 economies. 

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Qatar Airways land first Airbus A350 as new airlines begin direct flights

Qatar Airway’s new service coincided with two new airlines launching direct flights to Malé ahead of the peak season of the tourism industry from December to March. 

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Government lends US$3m to debt-ridden fisheries company

The loan is intended to “compensate the challenges faced by fishermen of the skipjack tuna industry and pave the way for modern development of the fisheries industry of the Maldives.”

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President inaugurates Dhaalu airport

The Dhaalu airport is the largest domestic airport in the country and the only one that can accommodate private jets in addition to the 42 ATR or Dash-8 aircraft used for domestic air travel.

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Majlis approves supplementary budget

The supplementary budget was passed with 39 votes exclusively from ruling coalition lawmakers in the 85-member house after opposition lawmakers boycotted the sitting.

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