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MTDC posts negative profits, shareholders empty-handed
[vc_row][vc_column][vc_column_text]Maldives Tourism Development Corporation Plc (MTDC) has posted negative profits, announcing a 26 percent drop in net profits for the year 2017, compared to the previous year. MTDC, constituted by the government in 2006 to conduct tourism-related businesses, posted a total profit of US$4.4 million (MVR67.8 million) for 2017, down 26 percent from earnings in […]
CROSSROADS Maldives’ 3 resorts get nominations in Condé Nast Traveller 2024 Readers’ Choice Awards
The renowned travel magazine Condé Nast Traveller has unveiled the nominees for the much anticipated 2024 Readers’ Choice Awards. Recognized globally as the longest-running and most respected accolade within the travel industry, this annual recognition spotlights the “best of the best” performers in various categories. The recognition comes through the nominations of its three resorts, […]