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Tourism sector reels under new currency rules: Investors, operators voice alarming concerns

The Maldives’ tourism-dependent economy is facing growing unrest among investors, resort operators, and industry stakeholders following the government’s enforcement of a new foreign exchange regulation. Marketed as a step toward economic stabilization, the regulation mandates foreign currency earners—primarily resorts and tourism businesses—to convert a significant portion of their earnings through the local banking system. But […]

Finance Staff

Why constraints drive financial success in hospitality

There’s a curious paradox at work in resort finance: we often believe that freedom from limitations breeds creativity and productivity. But the truth is, in my experience managing multi-million-dollar operations in the Maldives hospitality industry, the opposite is far more accurate. Think about a luxury resort. Guests move through a seamless experience — from speedboat […]

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