Th. Kalhidhiyafushi, a resort property in the Maldives, is up for sale once more, marking the third attempt to find a buyer. The announcement urges interested parties to submit their bids before the end of the month, with a bid deposit requirement set at $100,000. The minimum price set for the purchase stands at $34 […]
The Ministry of Tourism (MOT) Invites Proposals for Premier Tourism Developments The Ministry of Tourism (MOT) is thrilled to announce a golden opportunity for investors: the submission of proposals to develop premier tourist facilities on select uninhabited islands and lagoon plots in the Maldives. This invitation comes in accordance with Regulation Number: R-69/2016, which governs […]
The Maldivian tourism industry is undergoing a significant transformation with the rise of guest houses on local islands. Traditionally known for its luxurious resorts, the Maldives is now attracting a different segment of tourists, thanks to more affordable lodging options. This shift is a direct result of strategic initiatives aimed at promoting local tourism and […]
The turquoise waters and pristine beaches of the Maldives are experiencing a changing tide. With a recent 20% dip in Indian tourism compared to last year, China has surged to become the top source of visitors to the island paradise. This trend is driven by a growing Chinese middle class with a taste for luxury […]
The government’s primary goal is to present a surplus budget for 2028, the Finance Ministry has announced, Deputy Minister Ahmed Saeed Musthafa stated at a news conference that the government aims to cover expenditures with revenue. He noted that the primary balance was negative at MVR 201 million after deducting expenditures from revenue up to […]
In a landmark development aimed at enhancing tourist convenience and bolstering ties between the Maldives and China, the Maldives Marketing and Public Relations Corporation (MMPRC) has inked an exclusive agreement with China’s widely used mobile payment platform, Weixin Pay, commonly known as WeChat. The agreement was formalized during a ceremony held at ITB China, with […]
In an opinion piece for Britain’s The Guardian, President Dr Mohamed Muizzu voiced his concern over the lack of climate finance available for innovative projects like Rasmale, the first eco-city in the Indian Ocean designed with climate change in mind. He emphasized that such projects are often categorized as structural development, making them ineligible for […]
The existing seaplane terminal at Velana International Airport (VIA) will be relocated to the Sheraton Maldives Full Moon Resort. This announcement was made by Economic Minister Mohammed Saeed during a press conference. Reason for Relocation The primary purpose of the move is to create space for further airport development and streamline operations. The vacated seaplane […]
Malé, Maldives – In a strategic move to solidify the Maldives’ position as a premier tourist destination, President Dr. Mohamed Muizzu announced a leadership change at the Maldives Marketing and Public Relations Corporation (MMPRC). Focus on Innovation and Results This decision underscores President Muizzu’s commitment to propelling the Maldives’ tourism industry forward. The search for […]
President Dr. Mohamed Muizzu is set to depart tomorrow for the 4th United Nations International Conference on Small Island Developing States (SIDS) taking place in Antigua and Barbuda. The four-day conference, held from May 27th to 30th in the capital city of St. John’s, will see President Muizzu join world leaders in discussing critical issues […]
