Author: Mohamed Reehaan

The luxury airline BEOND (pronounced “Beyond”) has opened employment opportunities for Maldivians. The airline announced recruitment of Maldivian locals for multiple positions including pilots, cabin crews, and ground staff. The new airline, a joint venture between UAE’s Arabesque and Maldives business conglomerate SIMDI Group, is committed to providing opportunities for individuals interested in aviation sector careers. BEOND CEO Tero Taskila said the importance of Maldivians in promoting tourism and developing related sectors. He said the airline’s commitment to providing opportunities for individuals, stating the initiative would be a great chance for the people looking to work in the field.

Nova Maldives has announced its first local art market from October 6 to 7, 2023. To commemorate the Maldivian underwater world, local artists would bring a “vibrant display of creativity and craftsmanship to the Nova guests.” Nova Maldives, a premium holiday retreat, has always been committed to sustainable development within the local community. This unique event will be a platform for six Maldivian artists to show their work and promote their growth. During the event, workshops will be conducted where guests will engage with the artists, learn about their techniques, and gain insight into their creative processes. Cultural enthusiasts will…

Ministry of Economic Development with its partner Business Center Corporation (BCC) has officially inaugurated the second phase of the Small and Medium Enterprise (SME) Hub on Tuesday, September 5. The SME Hub provides spaces for small-to-medium ventures to operate and elevate their businesses by facilitating connection between them and both local and international markets. First phase of the SME Hub saw establishment of 19 kiosks specific for food along with a bookstall.

Six Senses Kanuhura is now open again and welcoming new and returning guests. Situated in a pristine corner of the Lhaviyani aotll, this stretch with its long, palm-fringed, white sandy and two additional private islands has opened with the promise of a “reimagined tropical beach”. “The long-anticipated moment for the relaunch of Six Senses Kanuhura has arrived,” said Bryce Seator, the General Manager of the property, who added that this marked a “significant milestone in the island’s long history.” “It has been an exciting transformational journey, and we are very proud to unveil the reinvented island experience that takes guests…

Hot on the heels of winning on the ‘Best Pools’ accolade in the 2023 Travel + Leisure Luxury Awards, Dusit Thani Maldives has been nominated under the ‘Best Hotel in Maldives’ in the esteemed DestinAsian’s Annual Readers’ Choice Awards 2023. This nomination serves as a testament to the resort’s commitment to delivering exceptional hospitality experiences in the Maldives. The DestinAsian’s Readers’ Choice Awards are renowned for recognizing outstanding excellence in the travel and hospitality industry. The awards are based on the opinions and votes of discerning travelers who appreciate and value exceptional service, luxury, and remarkable destinations. “We are truly…

The 15th Annual General Meeting of the Sri Lanka – Maldives Business Council (SLMLBC), The Ceylon Chamber of Commerce was held earlier on August 17, 2023. The AGM was held at Courtyard by Marriott, Colombo. The High Commissioner of the Republic of Maldives to Sri Lanka, Ali Faiz graced the event as the chief guest with Ceylon Tours Managing Director Suren Ediriweera attending as a guest speaking. Kevin Edwards, who served as the outgoing President of the Sri Lanka – Maldives Business Council for 2022-2023 opened the meeting with an insightful speech, and emphasized on the statistical analysis of “how…

The CA Institute, the world’s largest professional accounting body, signed a memorandum of understanding (MoU) with the Institute of Chartered Accountants of the Maldives (CA Maldives). The parties signed the agreement during the SAFA IFRS and ISAs Forum 2023 hosted by the CA Maldives on August 20, 2023. ICAI President Aniket Sunil Talati attended the SAFA Board meeting in the Maldives on August 21. The MoU was signed to establish cooperation for the advancement of “Accounting Knowledge, Professional and Intellectual Development” to advance the interest in “their respective members and positively contributing to the development” of the accounting profession in…

Maldives government has revised the bid opportunity announcement for tourist resort development by including Thaa atoll Ruthibirah. The ministry on Sunday, September 1, announced that Ruhthibirah, an 8-hectare island, is now available for interested investors with a minimum financial capacity of USD 2 million (MVR 31 million) with the lowest acquisition cost set at USD 875,000 (MVR 13.4 million). This revision comes after the ministry earlier on August 21, announced the bidding for Haa Alifu atoll Medhufushi and Shaviyani atoll Nalandhoo. The successful bidders must develop a minimum of 120 tourist beds in Medhufushi, 200 in Nalandhoo and 100 beds…

The cumulative total of Goods and Services Tax (GST) as of August 24, reached MVR 8.5 billion. From the total GST collection, state earned MVR 5.7 billion in Tourism Goods and Services Tax (TGST) and MVR 2.8 billion in General Goods and Services Tax (GGST). Top Tax Revenues TGST: MVR 5.8 billion GGST: MVR 2.8 billion Corporate Income Tax: MVR 2.6 billion Import Duties: MVR 2.0 billion Withholding Tax: MVR 783.9 million Top Non-Tax Revenues Rent from Resorts: MVR 965.5 million SOE Dividends: MVR 658.4 million Airport Development Fee: MVR 644.1 million Registration and License Fees: MVR 514.7 million Interest…

Maldives Marketing and Public Relations Corporation (MMPRC) has concluded the advertising campaign with BBC Global to promote Maldivian tourism worldwide. MMPRC said the campaign was designed to raise awareness and consideration for driving sustainable developmental, experiential tourism, and local-led initiatives in the Maldives. The campaign was also focused on driving up repeat visitation to the Maldives from the BBC audience through this content and raise awareness on the diversity of tourism products and segments. The campaign promoted Maldives as the ideal travel destination that caters to the needs and wants of travelers in line with emerging travel trends. The activities…