Business & Tourism

Windfall for ex-lawmaker’s firm from US$22m Dheebaja payout

Alhan Fahmy’s firm stands to earn half of the payout as a “success fee.”

Two types of cheese banned

The Saint-Félicien and Saint Marcellin cheeses are being recalled from the market.

Maldives partners with Singapore Airlines to promote tourism

A one-year agreement was signed to boost tourist arrivals.

Construction magnate’s inclusion on minimum wage board sparks backlash

Janah denied allegations of not paying workers.

Tourist arrivals up 15 percent in first quarter

Arrivals reached nearly half a million by the end of March.

Supreme Court backs US$22m payout to Dheebaja

A High Court ruling in favour of the state was overturned.

Court order sought to vacate Malé surf point area

The Newport restaurant was not closed despite an eviction notice.

Tax authority collects MVR1.5bn in March

Total revenue reached MVR6.1 billion at the end of the first quarter.

Court warns of judgment in absentia in Sealife apartment scam

Sealife owes US$12 million to 258 people who paid booking fees and advance payments.

Picnic island designated for Malé

The picnic island will be developed on the reclaimed Emboodhoo lagoon.

Resort workers protest at sea

Supreme Court orders US$30 million payout

The payout was ordered to a company linked to JP leader Gasim Ibrahim.

Hoarafushi airport project handed to MTCC

It would be the northernmost airport in the Maldives.

Islands.mv web portal launched

The portal has tourist information for all local islands.

67 employers of foreign workers under investigation

The economic ministry has taken over issuing quotas and granting employment approvals.

Thailand approves visa-free entry for Maldivians

Maldivian tourists will be granted a 30-day visa with effect on April 14.

MPs seek to assign blame for state media’s US$5m payout

The payout to a marketing company ballooned due to accrued fines.

Agreement signed for US$800m line of credit from India

The agreement was signed during a visit by External Affairs Minister Sushma Swaraj.

President opens first SME bank in Maldives

A portion of lending is allocated for youth entrepreneurs, women, and persons with disabilities.

Tourists arrivals up 17 percent in February

Some 168,583 tourists visited during the month.