A digest of news and opinion from the Maldives.
As Dubai oil reserves drained off, many expected the same fate will happen to Dubai economy. However, Dubai managed to overcome all barriers and continued to surprise the world with unique and innovative strategies, architecture and technology. How Dubai made it is a perfect scenario for a developing country such as Maldives. Development of the […]
National Airline, Maldivian has acquired their 12th seaplane in order to expand their services. The aircraft landed at Velana International Airport on the 20th of December 2017, bringing the total number of seaplanes of Maldivian to 12. Parent Company Island Aviation Services Limited Managing Director Haris said that Maldivian will continue to purchase aircraft in […]
The Maldives recorded significant development from Chinese travel market due to increase in arrivals from China, the destinations biggest source market. This is the first growth registered after experiencing a decline in numbers for almost two years. November 2017 statistics released by the tourism ministry show that a total of 120,506 tourists visited the Maldives […]
According to Maldives Monetary Authority (MMA), the national reserve of Maldives will record an increase by the end of the year. The central bank forecasts the national reserve value to be at USD 480.1 million by the end of 2017 and USD 593.6 million by the end of 2018. In a press release issued by MMA […]
Exported goods in November 2017, showed 99% increase compared to that of 2016. According to the reports published by Maldives Customs Service, in November 2016 MVR 193 million worth of goods were exported while in November 2017 MVR 386 million worth of goods were exported. Fish produce made up the majority of exported goods and […]
Maldives was named as one of the countries with the fastest development of Islamic Finances. According to ICD-Thomson Reuters Islamic Finance and Development Report 2017, Maldives is among one of the three countries where Islamic Banking developed at the fastest rate. The other two countries on the list are Oman and Palestine. Maldives was also […]
The number of tourist arrivals in the Maldives during 2017 is expected to be 7 percent more compared to previous year. According to Tourism Minister Mr Moosa Zameer’s statement given to “Avas”, at the end of this year, 1.3 million tourists are estimated to have arrived in the Maldives. This is around 7% increase compared […]
The GOLD 100 award is an award presented by Corporate Maldives to recognize achievement mainly in the business sector of the Maldives. The annual presentation Gala ceremony features appearances by top business individuals in the Maldives. The first GOLD 100 Gala ceremony was held on February 21st, 2017, to honour and respect the top 100 […]
Globally theme parks are an important component in developing tourism demand. In some destinations theme parks can be the main reason why tourists consider to visit. Sunway Lagoon, LEGOLAND and Berjaya theme park in Malaysia, Universal Studio, Sentosa in Singapore, Ferrari World, Bollywood theme park in Dubai and Leisure World Sri Lanka are some of […]