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Maldives recovers $5 million debt from tourism businesses

The government has recovered $5 million (MVR 77.1 million) from the tourism industry in the past 17 days, Tourism Minister Ibrahim Faisal said on Saturday. Addressing the nation at the Independence Day celebrations on Friday evening, President Mohamed Muizzu said the state lost $513 million due to the negligence of previous governments. The president said […]

President ratifies bill to extend resort leases to 99 years

Maldivian President Abdulla Yaameen has ratified the amendment to the Tourism Law, which allows for resort leases of up to 99 years.

Industry insiders raise concern over US$6 green tax

Resorts and tour operators have raised fears that imposing a US$6 a day ‘green tax’ on tourists from November 2015 onward could adversely impact the Maldivian tourism industry. Industry insiders expressed concern that the Maldives could become an overpriced destination, reports TTG Asia. “The green tax will definitely have an impact. It is (already) becoming too expensive to go to the top resorts because of all the service charges and taxes,” Managing Director of Viluxur Holidays told TTG.

Tourism Ministry trains Inspectors to check standards of guest houses and travel agencies in Atolls

A workshop to train guest house and travel agency inspectors was initiated by the Ministry of Tourism last Wednesday. Some 20 staff from 17 council secretariats participated. The one day event covered theoretical aspects of such inspections including registration procedures, regulations governing guest houses and travel agencies. Further to this, Maldives Inland Revenue Authority also did a presentation on taxation.

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