Business & Tourism
‘No change’ in India’s visa policy for Maldives
Relations between the two countries have waned over the Maldives’ closeness with China and the state of emergency, which India has condemned.
21 Mar 2018, 9:00 AM
Long-awaited resort opens in Haa Dhaal Atoll
Until Sunday Haa Dhaal, which has a population of 18,570, was the only Maldivian atoll without a resort.
19 Mar 2018, 9:00 AM
New runway construction begins at Maldives international airport
The 80mm AC25 asphalt concrete surface is expected to be completed within a month, according to the state-owned Maldives Airports Company Ltd.
15 Mar 2018, 9:00 AM
Tourist numbers jump 19 percent in February
According to statistics, 144,286 tourists visited during February, up 19.2 percent from the same month last year.
15 Mar 2018, 9:00 AM
February tax receipts jump by almost 20 percent
The revenue statistics for last month records a total revenue of MVR1.3 billion (US$82.96 million).
12 Mar 2018, 9:00 AM
Immigration denies holding back visas for Indians
Personnel officers in Maldivian companies said they have been waiting on business visas for Indian workers for almost two weeks, a process which normally takes up to three working days.
12 Mar 2018, 9:00 AM
Tourists told to steer clear of ‘emotional’ Maldivians
Tourists should respect physical boundaries as well as dress codes when visiting local islands to avoid provoking Maldivians, the defence minister said.
11 Mar 2018, 9:00 AM
Tourism losses downplayed at home and abroad
The Tourism Ministry has yet to publish visitor numbers for February.
11 Mar 2018, 9:00 AM
Dhiraagu boycotted amid claims of SIM cloning
The Maldivian government owns 41.8 percent of Dhiraagu shares.
08 Mar 2018, 9:00 AM
Chinese lending puts Maldives at risk of debt distress
The study found that future Belt and Road-related financing will significantly add to the risk of debt distress of eight countries, including the Maldives.
08 Mar 2018, 9:00 AM
Maldives facing ‘financial ruin’ and losing US$20 million a day
Sir Hugo Swire MP told fellow lawmakers the Maldives tourism industry was losing US$20 million a day since the start of the state emergency and warned of the consequences.
07 Mar 2018, 9:00 AM
‘Billions’ owed to the state
The five-member commission is currently only investigating cases involving outstanding sums in excess of MVR 5 million.
06 Mar 2018, 9:00 AM
‘Sanctions-busting’ tanker loses Maldives flag
The International Maritime Organization now lists the Xin Yuan 18 with an unknown flag.
04 Mar 2018, 9:00 AM
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.
02 Mar 2018, 9:00 AM
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.
01 Mar 2018, 9:00 AM
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.
28 Feb 2018, 9:00 AM
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.
27 Feb 2018, 9:00 AM
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.
22 Feb 2018, 9:00 AM
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.
15 Feb 2018, 9:00 AM
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.
12 Feb 2018, 9:00 AM
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