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A digest of news and opinion from the Maldives.

Business

Keong Hong welcomes its first hotel in the Maldives with the grand opening of Mercure Maldives Kooddoo Resort

Keong Hong welcomes its first hotel in the Maldives with the grand opening of Mercure Maldives Kooddoo Resort

4 min read

First airport hotel in Maldives with overwater bungalows Adjacent Kooddoo Airport serves as a gateway to the southern atolls in Maldives Pristine Island Investment Pte. Ltd. (“Pristine” or the “JVC”), a joint venture company set up by Keong Hong Construction Pte Ltd (“KHC”), a wholly-owned subsidiary of Keong Hong Holdings Limited (强枫控股有限公司) (“Keong Hong” or […]

“Importance of Destination Marketing” report launched by MATATO

“Importance of Destination Marketing” report launched by MATATO

1 min read

A special report on destination marketing of Maldives has been launched by Maldives Association of Tour Agents and Travel Operators (MATATO). “Importance of Destination Marketing” report was launched during a press conference held in Hulhulé Island Hotel to mark the occasion of world tourism day 2017. President of MATATO, Mr Abdulla Giyaas unveiled the report […]

Maldives Travel Awards: Guesthouse Edition Open for Voting

Maldives Travel Awards: Guesthouse Edition Open for Voting

2 min read

Maldives Association of Travel Agents and Tour Operators (MATATO) has opened up voting for the Maldives Travel Awards – Guesthouse Edition. Voting lines have been opened up from 00:00 hours on the 28th of September 2017 with over 90 nominations within categories and more than 60 nominations property wise. The chance to nominate these brands […]

Moody's

Moody’s: Maldives’ credit profile balances healthy GDP growth with an anticipated ramp-up in debt

3 min read

However, robust growth has been accompanied by budget and current account deficits, and a ramp-up in debt. Maldives’ small size, narrow economic diversification and low level of development also raise its vulnerability to natural disasters. Moody’s conclusions are contained in its just-released annual credit analysis titled “Government of Maldives – B2 stable” and which examines […]

Small or medium enterprise businesses (SME) investment forum held in Addu City

Small or medium enterprise businesses (SME) investment forum held in Addu City

1 min read

A forum targeted at small businesses has been held in the Southernmost Atoll, Addu City. This forum was organised by Ministry of Economic Development. According to Deputy Minister Mr Adam Thaufeeq, 250 businesses participated and productive information was provided to the attendees by Maldives Inland Revenue Authority (MIRA) and several business institutions during this forum. […]

Over two dozen Maldives firms in France Travel Market

Over two dozen Maldives firms in France Travel Market

1 min read

Maldives would be represented by over two dozen local firms in the upcoming International French Travel Market (IFTM) Top Resa, the archipelago’s main tourism promotion body said Tuesday. Maldives Marketing and PR Corporation (MMPRC) said 43 representatives from 25 different companies are set to participate in the fair which is an annual multi-segment event bringing […]

Lucky Air to commence operations between China and Maldives

Lucky Air to commence operations between China and Maldives

1 min read

“Lucky Air” a budget airline from China is preparing to start operations to Velana Internationational Airport. Speaking to media, Managing Director of MACL Adil Moosa said that the Airline will commence operations between Velana International Airport and Guangzhou, China starting from January 2018 and is planning to operate twice weekly between the two destinations. Mr […]