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Business & Tourism

‘Sanctions-busting’ tanker loses Maldives flag

The International Maritime Organization now lists the Xin Yuan 18 with an unknown flag.

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President accused of lying about Maldivian-flagged tanker

Japan notified the UN Security Council of the suspected transfer of goods from a tanker operating under a Maldivian flag to a North Korean vessel.

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Tree Top: ‘A hospital for the rich’?

The hospital’s opening prompted debates among Maldivians on social media, with some comparing its US$50 consultation fee to the cost of travelling to a neighbouring country while others accused the resort oligarchs of trying to profit from healthcare.

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Maldivian-flagged tanker suspected of illegally aiding North Korea

Japan has notified the UN Security Council of the suspected illegal transfer of goods from a tanker with a Maldivian flag to a North Korean vessel in violation of international sanctions.

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European tourist market ‘unaffected’ by Maldives crisis

There have been protests in the capital and local islands, with riot police using pepper spray and force to disperse crowds, and the tourism sector has reported cancellations.

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Tourism bodies beg for Maldives state of emergency to stop

Operators say hundreds of hotel bookings have been cancelled daily since February 5, when a 15-day state of emergency was declared, despite government assurances that all is normal in the resort islands.

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Fake breasts and chicken breasts beckon as Maldives business deal inked

Olialia, which once wanted to open a resort staffed only by blondes, says it has entered into a “strategic alliance” with Maldivian businessman Ibrahim Mohamed Didi.

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Maldives state of emergency threatens growth

Tourism accounts for one-third of economic output and previous political disruptions have negatively affected GDP growth, says Moody’s Investors Service.

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US issues security alert for Maldives

Special Ops used teargas to disperse opposition supporters celebrating a Supreme Court decision and officers with riot shields on one of Malé’s main roads told people not to take part in any protests, asking everyone to immediately leave.

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UK updates Maldives travel advice after clashes

The Foreign and Commonwealth Office, which last updated its advice over a terror threat, said political protests and demonstrations often took place in Malé and that some led to violence and arrests.

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Dismembered and headless corpse found at luxury Maldives resort

The corpse was found floating by the water villas of Soneva Jani in Noonu atoll Thursday morning.

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Villa resorts running out of booze

The alcohol importing license for all Villa holiday properties, except Royal Island Resort, was revoked last year. Villa had been importing alcohol to Royal and transferring the stock to its other resorts.

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Villa Group slammed by Tourism Ministry

Villa Group was the target of customs and police action earlier this month, with alcohol confiscated from four of its properties.

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Maldives slips to 94 on financial secrecy scale

The Maldives country report shows there is either partial or no public online access to information about bank secrecy and wealth registration.

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Villa Group under ‘dangerous shadow’ says Gasim

Four Villa resorts have been searched under the suspicion of illegally possessing alcohol released by customs to one of his other holiday properties. The firm has also been accused of owing millions to the state.

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Villa Group to sue customs, police officials after raids

A leading resort firm in the Maldives is suing customs and police officials involved in recent raids, following the suspension of an alcohol import license and the confiscation of alcohol

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Germany cautions citizens following Maldives resort raids

Five properties owned by opposition Jumhooree Party leader Gasim Ibrahim were raided by authorities on suspicion of illegally possessing alcohol on Wednesday night.

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