Maldives reserves several tourism jobs for locals
The Maldivian Cabinet has earmarked specific job sectors, especially those in the tourism industry, exclusively for locals, aiming to prioritise national recruitment efforts. In a press conference held by the President’s Office on Monday, Abdullah Nazim Ibrahim, the Principal Secretary on Public Policy, highlighted one of nine proposals presented to the Cabinet meeting on Sunday […]
Maldives tourism in precarious state, MATATO says
The Maldives Association for Travel Agents and Tour Operators (MATATO) on Thursday unveiled the findings of a recent survey highlighting the fragile state of the country’s tourism industry. MATATO’s President, Abdulla Giyas, presented the results of the survey, which involved more than 2,000 participants, at a press conference. Notably, these participants included not only local […]
Maldives faces $1.7b annual economic loss from 88 unfinished resorts
The Maldivian tourism industry is grappling with a substantial setback as 88 resorts designated for development remain incomplete, resulting in an annual economic loss of $1.7 billion, as per the Finance Ministry’s fiscal statement for 2024-26. Maldives, heavily reliant on tourism, considers these unfinished resorts a linchpin of its economic prosperity. However, these 88 islands, […]
RCNC: The Company Of Choice in the Construction Industry
Rasheed Carpentry and Construction Private Limited (RCNC) is a construction company in the forefront of the industry in Maldives.
