Business
Maldives offers resort construction period extension over virus disruptions

Many a developer involved in the construction of Maldives resort properties recently suffered project delays due to Covid-19 related lockdowns, shutdowns and interruptions.
More often than not, construction and development of a tourist resort happens with a combination of certain key factors: money, resources and time.
Any unwelcome time lags in the construction of a resort can affect the developer in many ways. It may result in breach of the construction permit, increased project costs, deterioration in workmanship, claims for compensation, renewal of permits – all having a degree of financial overlay.
It is not disputed that a Covid-style lockdown like the one we experienced recently would have resulted in cost increases with regard to labour material and equipment directly contributing to expanded field overheads.
It would have affected the ability to mobilise adequate manpower due to glitches in submitting documentation, seeking timely approvals and transporting them. It would have affected the timely import of materials, clearance and transportation of goods to locations due to interruption caused to supply chains. It would have also caused a series of concurrent delays where one component when held up has a cascade effect on rest of the components of the project.
Some of these developers who were affected by the lockdown communicated their concerns to the ministry of tourism. As a matter of relief, they requested that the construction period be extended to accommodate lost time.
The government seems to have appreciated their concerns in an amendment it brought out on June 22 to the Construction Period Extension Regulations.
The amendment enabled developers to apply for an extension of the construction period by an amount commensurate to time lost due to restrictions imposed or suffered pursuant to the public health emergency in effect since March.
According to this recent policy intervention, the developer in applying for relief should describe the delays encountered by the project due to restrictions imposed; define the period lost from the construction period; and provide documentation to support the claim.
On review of the application, if the ministry of tourism is convinced that delays did occur to the project and those delays are attributed to actions taken pursuant to the emergency (including lockdowns and shutdowns), the period lost from the construction period would be reimbursed in the form of an extension to the construction period. This extension will not attract a fee payment.
It may be noted that the construction period extensions provided in exchange for Covid-related disruptions would only entitle the developer for a commensurate extension of the construction period to accommodate time lags. This extension will not change the total lease period of the property.
The relief provided by this policy is limited to two things: the fact of reimbursement of time lost from the construction period, and this extension being granted without a fee.
This new rule is significant for a key reason: the lease agreement ordinarily provides the first 36 months of the tourism lease as a rent free period to develop the resort property. This is the three-year construction period.
Often times, the development of the property is not completed during that construction period for a host of reasons including insufficient or lack of funding, variations, changes to design drawings, and all sorts of other delays attributed to the supply chain. In these circumstances, an extension is invariably sought.
Extensions are generally granted to the construction period on application and payment of a prescribed fee. The fee is calculated at a base rate, charged on a per month basis, and prescribed in the regulations. The fee is applicable for each month of extension added to the construction period.
In consideration of this fact, the lease rent that would otherwise be levied from the end of the initial 36-month construction period (and applicable even during extensions) is deferred to be paid at a later date.
The key takeaway from this recent amendment is that qualifying applicants would be able to gain at least one to three months of extension to their current construction period, without the need for payment of an otherwise payable monthly fee.
Note: This article has been reproduced and adapted to fit our publishing guidelines with permission from its author: Nasheed & Co., a commercial law firm in the Maldives. The original article can be viewed here.
Business
Dubai Chocolate Brownies in Maldives: BBM, Dreidoppel conclude pastry tour

BBM’s exclusive Dreidoppel Demo Tour, led by Master Pâtissier Frankie Robin, concluded successfully on Apr 30th, after a 10-day pastry training series across 15 leading Maldivian resorts that requested the training. Two city bakeries were also trained on the 30th. The initiative brought together global expertise and a strong commitment to raising pastry standards in the local hospitality industry.
This year’s sessions focused on practical pastry solutions using Dreidoppel’s premium ingredient range to create Panettone, Dubai chocolate brownies, Mousses, Crème Brûlée, Fill & Gloss applications, and Caramel Chocolate Snacks.

A standout feature of the tour was the passion shown by young chefs across the islands.
Chef Frankie Robin remarked, “What truly impressed me was how prepared and passionate the young chefs were. Their eagerness to learn, experiment, and take their skills to world-class standards made every session an absolute joy.”

Grounded in real kitchen challenges—speed, flavour, and efficiency—Chef Frankie’s demos showcased how smart ingredient choices can drive both creativity and performance.
A.V.S. Subrahmanyam, Chief Operating Officer at BBM, added, “At BBM, we believe in more than just supplying ingredients—we are committed to the professional growth of the industry. Collaborations like this empower culinary teams with global techniques and greater confidence.”
The tour reflects BBM’s ongoing efforts to strengthen the Maldivian foodservice industry through knowledge-sharing and access to world-class products.
Business
BBM brings Vaseline, Hellmann’s, BRU Coffee to Maldives market

Bestbuy Maldives (BBM) extended their strong and decades old partnership with Unilever International, by adding to their brand portfolio – Vaseline, Hellmann’s, and BRU Coffee for the Maldivian market.
The collaboration was announced at a Business gathering held at the Manhattan Business Hotel, attended by over 300 trade partners from across Maldives.

With this partnership, BBM strengthens its retail offerings across the Maldives archipelago. Vaseline, a trusted name in skincare, and Hellmann’s, known globally for quality food products, will now be available through BBM’s distribution network.
“Vaseline is a name that generations trust for skin care. And Hellmann’s is a global icon in flavours. We’re proud to bring both to shelves across the Maldives and enrich everyday living for our customers,” said Muksith Hussain, Business Head – Retail.
In the hospitality sector, BBM introduces Bru Coffee as an addition to its HORECA (Hotel, Restaurant, Café) offerings. BRU Coffee provides a quality beverage option for hotels, resorts, and restaurants across the Maldives.

“BRU is one of the most loved coffee brands in the region. With this launch, we’re giving our hospitality partners a versatile product that delivers on both taste and reliability that can be consumed as a beverage and for the purpose of dessert preparation, something they can serve with confidence,” said Hisham Girsy, Business Head – HORECA.
The gathering served as a platform for BBM to engage with its valued trade partners and introduce these new brands to the market.
A.V.S Subrahmanyam, Chief Operating Officer at BBM, remarked: “BBM is built on relationships. This event reflects our commitment to not just introduce great products but to support, connect, and elevate our trade partners. We’re in this together, and the journey ahead is promising.”

As BBM continues to grow its portfolio and global partnerships, the focus remains clear delivering excellence, building trust, and shaping the future of trade in the Maldives.
Bestbuy Maldives (BBM) is a leading distribution company in the Maldives, connecting international brands with local businesses across retail and hospitality sectors. With a customer-focused approach and extensive distribution network, BBM continues to be a trusted partner in the Maldivian market.
Business
Redefining corporate retreats at Cinnamon Dhonveli Maldives

MICE travel is undergoing a sea change—quite literally. No longer limited to traditional conference rooms and structured schedules, Meetings, Incentives, Conferences, and Events (MICE) are now about creating moments that inspire, rejuvenate, and bring teams closer together. At Cinnamon Dhonveli Maldives, the boundaries between business and leisure blur, offering a setting that transforms work into a pleasure.

Just a 20-minute speedboat ride from Malé, Cinnamon Dhonveli Maldives is the ideal destination for teams looking to escape the expected. Here, brainstorming sessions take place on powder-soft beaches, where the rhythmic waves set the pace for new ideas. Mornings might begin with yoga by the ocean, followed by strategy meetings in open-air pavilions. Afternoons invite collaborative workshops under swaying palms or team-building activities that include snorkelling, paddleboarding, or even a friendly beach volleyball match.

Dining at Cinnamon Dhonveli Maldives elevates every corporate event with fresh, sea-to-table cuisine, designed to fuel both body and mind. From curated group dinners under star-streaked skies to themed private banquets, every meal becomes an experience in itself. For those looking to celebrate milestones or reward top performers, the resort’s scenic locations offer the perfect backdrop for gala evenings or intimate cocktail gatherings.

Accommodation blends comfort with elegance, offering ocean-view suites and beachside retreats that allow participants to rest, recharge, and return with a fresh perspective. Despite the remote charm, connectivity is never an issue—seamless Wi-Fi and business-friendly amenities ensure that productivity doesn’t pause, even in paradise.

Cinnamon Dhonveli Maldives turns corporate travel into something memorable. Whether it’s a leadership retreat, a high-level conference, or an incentive escape, the resort offers a canvas for events that leave lasting impressions. Here, business goals are pursued in harmony with nature, creativity flows effortlessly, and the line between work and well-being fades.
Let your next MICE experience be more than a meeting—make it a journey worth sharing.
-
News1 week ago
Anantara Veli Maldives Resort launches artist in residence programme with Cambodia-based artist FONKi
-
News1 week ago
The Cocoon Collection launches Cocoon Circle: New loyalty programme offering exclusive rewards in Maldives
-
Featured1 week ago
Americans dreaming of Maldives: honeymoon searches soar in 2025 rankings
-
Featured1 week ago
From stillness to connection: explore Banyan Tree Vabbinfaru’s mindful island retreat
-
Featured1 week ago
Savour flavours of Asia at Inguru, Kuramathi’s lagoon-side gem
-
News1 week ago
Eid by sea: Escape to The Standard, Huruvalhi Maldives this June
-
Awards1 week ago
Canareef Resort Maldives recognised with Tripadvisor Travellers’ Choice Award for 2025
-
Awards1 week ago
Alila Kothaifaru Maldives recognised among top 10% worldwide in Tripadvisor Travellers’ Choice Awards 2025