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Maldives records a 4.3% rise in tourist arrivals in Q1/2017
[vc_row][vc_column][vc_column_text]Maldives has recorded a 4.3% increase in tourist arrivals in the first quarter this year, compared to the January to March period in 2016. However, arrivals saw a slight drop of 2.1% in March, compared to the same period last year. Despite the slight decline in arrivals during March, the months prior to that saw […]
Saudi low-cost airline Flynas begins Maldives flights
Flynas, Saudi Arabia’s low-cost airline, on Tuesday began flights to Maldives from Riyadh. The maiden flight of Flynas landed at the Maldives’ main Velana International Airport Tuesday morning, and was greeted with a water salute. The new route will depart from King Khalid International Airport three times a week on Tuesday, Thursday and Saturday at […]
Maldives ready for fiscal reforms with SOE restructuring start: Finance minister
The Maldivian government on Monday acknowledged shortcomings in implementing debt-reduction measures and announced a renewed commitment to fiscal reform, starting with a focus on state-owned enterprises (SOEs). Finance Minister Dr Mohamed Shafeeq made the announcement during a discussion on the World Bank report “Scaling Back and Rebuilding Buffers.” Dr Shafeeq admitted that planned reforms from […]
