Maldives Records Sharp Decline in Fish Exports
The Maldives exported 33,994 metric tonnes of tuna from January to October this year, a decline in 46.1 percent over…
Regulation Change on Foreign Vessels Grants Exclusivity to Maldivian Businesses
Only companies that are 100 percent locally owned can act as agents for foreign tourist vessels, the Ministry of Tourism…
Bank of Maldives Curtails Foreign Transaction Limits on Cards
The Bank of Maldives has announced immediate changes to its card limits for foreign transactions, citing an increase in foreign…
Parliament Approves Six-Month Continuation of Concession for Tourism Lease Extension
Parliament on Monday approved an amendment to the Tourism Act, granting a six-month extension to the reduced fee window for…
India Rejects Tax Waivers for Tesla
Amid speculation about Tesla’s plans to introduce its cheaper Model 3 in the Indian market at an estimated cost of…
Employees Face Salary Delays Amid Villa Group’s Financial Woes
Employees of Villa Air and Villa Resorts have voiced concerns over the non-payment of their salaries for the month of…
Vijai Singh named Area VP for Cinnamon’s Maldives Resorts
Cinnamon Hotels & Resorts, one of Sri Lanka’s leading hotel chains, has announced the appointment of Vijai Singh as Area…
K Park Scandal: Minority Shareholder Accused of Theft
The dream of owning a luxurious apartment at K Park Residence Flats in the Maldives has turned into a nightmare…
History Made: Taj Maldives Appoints First Female Cluster GM
Taj Maldives, part of the Indian Hotels Company (IHCL), has made history by appointing its first female Cluster General Manager….
Maldives Tourism Surges with 30% Increase in 2023
The Maldives is experiencing a surge in tourist arrivals, with figures exceeding the previous two years. The Tourism Ministry has…
