Business
Maldives posts 2.2 percent hike in tourist arrivals in August
Maldives on Tuesday reported an increase of 2.2 percent in tourist arrivals in August.
Official figures for the month of August released by the tourism ministry show that a total of 123,992 tourists visited the Maldives during the month — a 2.2 percent increase over the 121,310 tourists in August 2017.
Europe, the largest regional source market, posted an overall growth of 10.6 percent over August 2017, as arrivals increased to 52,488 from 47,465.
The UK, which is the single biggest European source market, made a gain of eight percent, while several other major European markets such as Italy, France and Spain also posted gains of 21.4 percent, 0.7 percent and 33.3 percent respectively. However, arrivals from Germany declined by 7.7 percent — the second decline this year (down 23.3 percent in June) from the second largest European source market.
Russian travellers continued to show their appetite for the Maldives, as arrival numbers jumped 8.6 percent in August to reach 4,525 from 4,166 in August 2017. This strong performance last month translated into an impressive growth of 21.5 percent in arrivals from Russia in the past eight months of the year.
Arrivals from Asia, the second largest regional source market, decreased by 3.5 in August.
However, the double digit decline in the Chinese market for the past two years slowed down in August as arrivals decreased by only 0.8 percent to reach 33,472 from 33,743 in August 2017. This performance narrowed the decline in arrivals from the Maldives’ single biggest source market for the January-August period to 7.4 percent.
Almost all major contributors to Maldives tourism from South East Asia, which has been post strong gains over the past year, recorded declines in August, with arrivals from countries such as Malaysia, Thailand and Philippines decreasing by 13.7 percent, 8.7 percent and 12 percent respectively. However, arrivals from Singapore, which had been posting weak performances for the past eights months of year, increased by 17.6 percent — the second consecutive month of positive growth.
South Asia, which has become one of the fastest growing source markets, also extended its decline for the second consecutive month after posting major gains for the past seven months of the year. The latest decline of 27.5 percent is due to negative growth in arrivals from almost all South Asian markets, including India (down 28.6 percent) and Sri Lanka (down 29 percent).
Along with the mixed performance in established markets, growth in relatively new markets such as the Americas also turned negative for the first time in several months.
Arrivals from the US decreased by 2.4 percent in August — the first decline since securing a place amongst the top 10 contributors to the Maldives tourism industry last year. However, the number of visitors from Australia and South Africa, which has been on the recovery, increased by 40.4 percent and 0.2 percent, respectively.
Middle East, which has proven to be a volatile market, posted a decline of 1.7 percent in August after recording slight gains for the past two months, as arrivals from several major Middle Eastern countries, including Kuwait, Egypt and the United Arab Emirates posted negative growth of 4.7 percent, 20.7 percent and 23.6 percent, respectively. However, Saudi Arabia (up 6.6 percent) and Qatar (up 305.9 percent) were the only major contributors from Middle East that made gains in arrivals in August.
According to the August statistics, total arrivals for the past eight months of the year increased by 9.1 percent to reach 972,839 compared to the 892,025 in the same period of last year.
Maldives had early this month welcomed the one millionth visitor of 2018.
In addition to a new wave of recent political turmoil, the Maldives is currently experiencing the traditionally low season.
May to November is considered the low tourist season, as these months constitute rainy season in Maldives. Between May and November, the islands boast of wet weather, making it less ideal for tourists to travel and enjoy the tropical environment.
Over the past five years, dozens of uninhabited islands have been leased to local and foreign resort developers. Several international brands have entered into the market, increasing the number of resorts to 120. That number is set to increase as the government has announced the opening of some 20 new resorts over the next two years.
Along with the new resort openings come the challenge of increasing demand from budget travellers who choose guesthouses over luxury resorts that the Maldives is known for. The guesthouse sector has rapidly expanded with over 450 guesthouses in operation today.
The government last year announced new steps to maintain a structured growth in tourism, including a slowdown in leasing islands for resort development and increased marketing efforts in key markets such as China and the Middle East in order to reach an ambitious target of a record 1.5 million tourist arrivals this year.
Photo: Palm Beach Island Maldives Resort & Spa
Business
BBM’s ‘Studio of Culinary Excellence’ opens at MNU to bridge classroom, industry
The best way to secure the future is to create it.
Creating that future through specific, purposeful initiatives is what drives people of purpose—and, in turn, moves us all closer to the future we desire.
The Maldives is a compelling case study of a tourism-driven economy. Look around and ask why an event is being staged, what someone is working on, or where a new initiative is leading, and the answer will often point to the hospitality sector. Securing the future, therefore, is inextricably linked to strengthening and advancing that sector.

Here, “strengthening” means making the sector’s contribution more sustainable; ensuring that a greater share of its growth benefits the community; continuing to offer a compelling value proposition to the discerning global traveller; and ensuring that visitor experiences continue to generate an unparalleled reputation and valuable referrals.
To achieve these outcomes in the future, it is essential that current and future generations of the local community engage actively with the industry. Making hospitality appealing and aspirational, enhancing the quality of delivery and service, and building a pipeline of skills and talent into the sector are areas in which initiatives, inspiration, infrastructure and investment should be concentrated.

It is firmly in this context that Mr Ismail Hilmy, Chairman and Managing Director of BBM, initiated the establishment of a modern, exceptionally well-equipped and thoughtfully designed model kitchen, aptly named the Studio of Culinary Excellence. By donating the Studio to MNU, under whose auspices it will serve the Maldivian culinary community, Mr Hilmy is responding directly to the need for deeper community engagement. At the heart of BBM’s framework for industry-outreach initiatives— “Because tomorrows start today”—is Mr Hilmy’s ethos of fostering engagement and vibrancy in the industry.
“For our students, the gap between the classroom and a working resort kitchen has always been the hardest one to close,” said Dr Shehenaaz Adam, Vice Chancellor of the Maldives National University. “The Studio of Culinary Excellence closes that gap. Students can now train on the same equipment and to the same standards they will encounter on their first day in the industry. We are grateful to BBM for a partnership that goes well beyond a donation, and we look forward to the Studio becoming a place where the university and the industry learn from one another.”

The Studio therefore creates an opportunity to develop a pipeline of skills and talent in service of the industry.
“Embedding purpose in our work has been an ongoing endeavour at BBM. It keeps us connected to our stakeholders and builds insight, understanding and trust. Being a meaningful partner to academia as we move into the future gives us a great sense of fulfilment and guides our initiatives under the banner, ‘Because tomorrows start today,’” said AVS Subrahmanyam, Chief Operating Officer of BBM.
But what is the value of physical infrastructure without the corresponding spark of aspiration and ambition?

As Ali Afrah Hassan, Executive Representative at Chairman’s Office – BBM, aptly observed: “The Studio offers students and members of the community hands-on experience with world-class equipment, together with knowledge-sharing masterclasses. Who knows—in the not-too-distant future, a Michelin-starred Maldivian chef may fondly credit some of their inspiration to time spent at the Studio!”
Now that is the mind and heart in sync—working towards a future that is aspirational, ambitious and entirely attainable.
Business
BBM Hulhumalé Phase 2 opening promotion winner receives Honda Airblade
Bestbuy Maldives (BBM) has presented a brand-new Honda Airblade motorbike to the winner of a lucky draw held to mark the opening of its newest wholesale outlet in Hulhumalé Phase 2.
The outlet, located at Lot 20286 on Nirolhu Magu, opened on 16 February 2026 as part of BBM’s expansion of its wholesale operations.
To celebrate the opening and thank customers for their continued support, BBM introduced a special lucky draw exclusively for customers who made purchases from the new outlet on its opening day.

Customers who purchased products during the opening were eligible to enter the draw, with a Honda Airblade motorbike offered as the grand prize.
The lucky draw was conducted on 13 August 2026, with Ibrahim Shifaz of Vagthun Vaguthah outlet selected as the winner.
Shifaz was recently presented with the ceremonial key to the Honda Airblade by AVS Subrahmanyam, Chief Operating Officer of Bestbuy Maldives.

The promotion formed part of BBM’s activities surrounding the opening of its Hulhumalé Phase 2 outlet, which provides customers with access to the company’s range of wholesale products from the growing residential and commercial area.
Bestbuy Maldives is a supplier and distributor serving businesses across the Maldives, including customers in the hospitality, food service and retail sectors.
Business
Football legends receive FIFA World Cup 2026 match balls signed by President Muizzu
Male’ Aerated Water Company (MAWC), the authorised bottler of The Coca-Cola Company in the Maldives, on Thursday hosted the Official FIFA World Cup 2026™ Match Ball Handover Ceremony, presenting Football Legends of Maldives with official FIFA World Cup 2026™ match balls signed personally by Dr Mohamed Muizzu, President of Maldives.
Held in partnership with the Ministry of Youth Empowerment, Sports and Fitness, the ceremony recognised former national footballers whose achievements, service and influence have helped shape football in the Maldives and inspired generations of players and supporters.
The Coca-Cola Company has been an official partner of FIFA since 1974, making it one of the longest-standing partnerships in the global sport. For MAWC, the handover brought that global partnership to life locally by connecting the FIFA World Cup with people who have contributed to Maldivian football history.
As the sole authorised Coca-Cola bottler in the Maldives for over 35 years, MAWC has supported local sport through partnerships, campaigns and community initiatives. The ceremony continued that commitment by recognising the legacy of players who represented the Maldives and contributed to the growth of football in the country.
“Maldives’ football legends have given generations of supporters moments of pride and have played an important role in shaping the country’s sporting history. At MAWC, we believe recognising their contribution is as important as supporting the next generation. Through our partnership with Coca-Cola and FIFA, and in collaboration with the Ministry of Youth Empowerment, Sports and Fitness, we are honoured to celebrate their legacy. These match balls are a token of our appreciation for what they have given to Maldivian football,” said Milind Derasari, Chief Operating Officer, MAWC.
Adding to the excitement of the football season, MAWC ran a nationwide FIFA World Cup 2026™ consumer promotion from 21 March to 24 May 2026. Eight winners received an all-expenses-paid experience for two to attend a FIFA World Cup 2026™ match. Hundreds more won Coca-Cola branded merchandise and other prizes during the campaign, bringing the excitement of the world’s largest football tournament to consumers across the Maldives.
MAWC remains committed to building partnerships that support the development of sports across the Maldives, working with the Government of Maldives and other partners.
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