Maldives extends resort rent deferral to 3 years for maintenance, upgrades
The Ministry of Tourism has introduced an amendment to its regulations, extending the rent deferral period for resorts undergoing maintenance or redevelopment to a maximum of three years. This extension applies if the resort suspends operations entirely during the upgrade process. The update, published in the government gazette, marks the third amendment to the Regulation […]
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.