Maldives central bank governor hints at possible reduction in mandatory dollar exchange
Maldives Monetary Authority (MMA) Governor Ahmed Munawar on Sunday indicated that the mandatory foreign exchange conversion requirement for resorts may be reduced in the future. Speaking at the annual general meeting of the Maldives Association of Tourism Industry (MATI) at Kurumba Maldives, the governor stated that such a change could take up to two years […]
Hotel prices drop across Asia in first half of 2015, reports Hotels.com
According to the 2015 edition of Hotels.com’s Hotel Price Index, hotel prices rose just 1% globally, whilst dropping approximately 3% across Asia.
Tourist Arrivals Reach a Record High in February
February’s tourist arrivals reached a record high, according to Maldives Monetary Authority’s Monthly Economic Review (March 2015).