Maldives Lowers 2024 Overall Growth Projection from 5.5% to 4.9%
The nation’s growth outlook will be lower than expected this year, the Ministry of Finance projected in its Macro Economic...
Hanimaadhoo International Airport Development on Schedule: Minister Ameen
The Hanimaadhoo International Airport project is proceeding according to schedule, Minister of Transport and Civil Aviation Mohamed Ameen has confirmed...
Maldives Sees Record Arrivals in First Half of Year
The Maldives witnessed a surge in tourist arrivals during the first six months of this year, according to data published...
Decline in Indian Tourists Resulted in Over MVR 2 Billion in ‘Lost’ Revenue: Opposition
The words and policies of President Mohamed Muizzu, and some key deputy ministers, have caused losses of MVR 2.3 billion...
Maldives Celebrates Arrival of One-Millionth Tourist This Year
The Maldives has marked a significant milestone, welcoming its one-millionth tourist for the year. Sutapa Amornvivat, a Thai national, arrived...
Fitch Downgrades Maldives’ Rating From B- to CCC+ Citing Worsening External Financing
Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘. An IDR is an...
China’s Chongqing Airlines Begins Operations to Maldives
China’s Chongqing Airlines has commenced operations to the Maldives. Chongqing Airlines operated its maiden flight from Chongqing to Malé via...
Government to Provide Concessions, Assistance to Long-Undeveloped Resort Projects: Minister Faisal
The administration will provide concessions to those who will forfeit islands leased for tourism development where no work has been...
‘Off-Season’ Tourism Arrivals Low; Overall Performance in Line With Targets
The Maldives’ off-season this year could see the least number of tourist arrivals since Covid, statistics from the Ministry of...
Maldives to Hold Roadshow in India to Boost Tourist Arrivals
The Maldives Marketing and Public Relations Corporation (MMPRC) announced plans to hold a roadshow in India, aimed at boosting tourist...
