New Exchange Regulations: Registration Portal Goes Live as MMA, Government Face Tourism Industry Pressure
The Maldives Monetary Authority (MMA) has initiated the process for tourist facilities to register with the authority, following the newly...
Maldives Tourism Recovers From Setbacks
Ambitious plans mark recovery from COVID and a short-lived Indian boycott Tourism is the single most important source of livelihood...
MDP to Establish Think Tank, Academy and Commercial Venture to Strengthen Party
The National Council of the main opposition Maldivian Democratic Party (MDP), under a roadmap to strengthen the party and sustain...
President Sets Up IASL/MACL Joint Venture, Designates Mariculture Zones
President Mohamed Muizzu will look to implement a strategic partnership between Island Aviation Services Limited (IASL) and Maldives Airports Company...
UAE Firm Secures Contract for Management of Yet-to-Be-Developed Hankede Resort
A Dubai-based company has secured the contract to manage and operate hotels at the yet-to-be-developed integrated tourism resort in Hankede,...
Maldives Participates in 10th Meeting of Global Coalition Against Daesh
The Maldives has participated in the 10th Ministerial Meeting of the Global Coalition Against Daesh (D-ISIS), the Ministry of Foreign...
Shahid Warns New Foreign Exchange Regulations Could Hurt Tourism Industry
Abdulla Shahid, former Foreign Minister and President of the opposition Maldivian Democratic Party (MDP), shared his apprehensions on Wednesday about...
MATI Slams MMA for Ignoring Concerns in New Foreign Exchange Regulations
The Maldives Association of Tourism Industry (MATI) has criticised the Maldives Monetary Authority (MMA) for implementing amendments to the Foreign...
Fayyaz Voices Concerns Over New Foreign Exchange Regulations for Tourism Industry
Fayyaz Ismail, the opposition leader and chairperson of the Maldivian Democratic Party (MDP), has expressed concerns about the government’s newly...
Maldives Prioritises Exchange Reforms, Mandates Fixed USD Exchange for Tourists
The Maldives Monetary Authority (MMA) on Tuesday gazetted new regulations requiring tourism establishments to exchange foreign currency at fixed amounts...
