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Pulse Hotels & Resorts, a forward-thinking Maldives-based hospitality development company, is targeting the GCC market with a range of unique and exclusive experiences curated for the regions’ avid traveller base, available across its luxury resorts for the festive season. Working with its partners at dnata, the hospitality group is unveiling exclusive offers and a range […]
Maldives Identified as a Promising Destination for Property Investment
CBRE Thailand has identified Maldives as a promising destination for property investment. The Maldives is a market that has high growth potential and is currently under-supplied with predicted high returns. The destination has experienced a strong post-pandemic recovery by broadening the target tourist market. The growth and attraction of a wider range of tourists has […]
MVR 7.7 Million collected as Remittance Tax in December 2016
[vc_row][vc_column][vc_column_text]The Maldives Inland Revenue Authority has stated that the tax body has collected MVR 7.7 million as remittance tax from expatriate workers living in Maldives during the month of December 2016. The Authority started enforcing a tax on transactions made by foreign workers in Maldives in October 2016, following amendments to the Employment Act, which […]