Business & Tourism


Finance ministry gets RTI request over ‘US$40 mn loan’ from OPEC body
The loan was announced almost two months ago but basic questions about it remain unanswered.
10 Sep 2018, 9:00 AM


Maldives welcomes millionth tourist of 2018
Almost 900,000 tourists had visited the Maldives by July 2018.
09 Sep 2018, 9:00 AM


Mistaken landing of Air India flight under investigation
Pilots have been suspended after landing on the non-operational runway.
08 Sep 2018, 9:00 AM


Corruption and embezzlement behind Yameen’s development, alleges Ibu
The president has set his 2018 re-election bid on infrastructure projects.
02 Sep 2018, 9:00 AM


Guesthouses to control half of Maldives tourist bed capacity by 2028
Guesthouses in the Maldives have 8,000 beds between them.
02 Sep 2018, 9:00 AM


Bridge opening to see ferry services cutback
Public ferry services to the airport island and Hulhumalé will be affected.
28 Aug 2018, 9:00 AM


MTCC dredger unable to reclaim Maafinolhu lagoon
Maafinolhu is an uninhabited island that lies inside the same lagoon as Hoarafushi.
28 Aug 2018, 9:00 AM


Maldives tax authority grants ‘fine amnesty’ for small firms
Fines will be waived from 27 August to 27 October.
28 Aug 2018, 9:00 AM


Maldives opposition pledges income tax
An income tax bill was proposed by the MDP government in 2011.
21 Aug 2018, 9:00 AM


Chinese boy dies at Maldives resort
The child was reported missing Friday night.
19 Aug 2018, 9:00 AM


Maldives tourism rises in July
Europe held the largest market share for the first seven months of 2018.
16 Aug 2018, 9:00 AM


EU denies Maldives president’s claim of fish export ban
European Union sanctions were prompted by his defence of Islamic principles, Yameen claimed.
16 Aug 2018, 9:00 AM


Test flight lands at Maafaru airport
The international airport is a ‘gift’ from the UAE.
15 Aug 2018, 9:00 AM


Maldives tycoon to open eighth resort
Innahuraa Maldives in Lhaviyani Atoll will have 78 rooms.
14 Aug 2018, 9:00 AM


Tax and import revenue grows in July
The tax authority collected US$136 million in July.
14 Aug 2018, 9:00 AM


Fisheries ministry fails to recover MVR51 mn
The ministry has taken no steps to recover this money, the audit report said.
13 Aug 2018, 9:00 AM


Maldives president ‘lies about everything’
Almost 30 sculptures are part of a stunning semi-submerged art installation in the Maldives.
12 Aug 2018, 9:00 AM


Maldives resort tycoons draw fire with endorsement of president
Support for the president’s economic policy came during a much-publicised panel discussion on state TV.
12 Aug 2018, 9:00 AM


Maldives president inaugurates ‘five-island’ airport
Five islands will be destroyed as part of the airport project.
07 Aug 2018, 9:00 AM


Deficit of MVR422 mn reported in 2018 first half
The report shows MVR11 billion was spent while MVR10.6 billion was earned by the state.
06 Aug 2018, 9:00 AM

