Business
Once targeted by officials, street vendors make unexpected comeback in China
BEIJING (Reuters) – Three weeks ago, Beijing authorities swooped in on Shan Peng and her makeshift street stall, seizing her merchandise – yogurt and casual pants – and even her electric tricycle.
She was used to police evictions.
“Just raise your gun an inch, sir, and we paddlers would be able to get by,” she would say, begging them to let her off.
In the same busy alley today, the 51-year-old was selling shrink-wrapped bacon out of a cardboard box – unharassed.
Shan hoped to take home at least 100 yuan ($14) a day. She has mouths to feed – her elderly mother, a dog she rescued from a shelter, and herself, a cancer patient.
Street stalls, seen officially as a blight on China’s modernising urban landscape, are making an unexpected comeback in a year of rare economic pain.
At the annual session of parliament last month, the livelihoods of ordinary people were widely discussed. Afterwards, Premier Li Keqiang told reporters 600 million people still live on monthly salaries of 1,000 yuan.
The spectre of mass unemployment has sharpened the focus of China’s top leadership on low-income groups with little financial backup to cope with job losses.
In a U-turn, authorities said last week local governments will not be assessed by the number of roadside vendors in their cities this year. In the past, municipal officials were awarded high marks for eradicating hawkers.
The premier also gave his blessing. During a visit to a seaside town in Shandong province, Li said the “street stall economy” was the light of humanity and the vitality of China.
Ready, get, set
With uncharacteristic speed, cities like Shanghai and Chengdu have taken steps to promote their street stall economies. Even Wuhan – former epicentre of China’s COVID-19 outbreak – joined in as the coronavirus threat receded.
E-commerce giants pledged support. Alibaba and JD.com said they would sell merchandise to street-stall owners on credit. Pinduoduo will offer discounts on a range of “must-haves” for setting up a stall such as flashlights and small fans.
Wuling Motors said a new mini truck specially designed for street stalls received more orders on Wednesday alone than all of May, official media reported. Its Hong Kong shares rose over 200% this week.
Dongfeng Motor Group and Jiangling Motors Corp (JMC) said some of their vans can be modified to suit vegetable sellers or BBQ street food vendors.
Meanwhile, a PDF book of unknown authorship on how to be a successful street peddler found fame on social media this week.
According to “The Secret Manual of Street Stall Business”, only the latest mobile phones must be sold, and there should be no displays of bras and panties, for “no young girl would dare to buy them in the open”.
Lunch money
Some economists say street stalls will not make much difference to gross domestic product, but reflect the enormous pressure on the government to stabilise employment and curb any social unrest.
“It’s an emergency and temporary solution to the unemployment woes brought on by the coronavirus,” said Nie Wen, economist at Shanghai-based Hwabao Trust.
Wang Kang, 38, works at a mobile payment company. But with his salary slashed by 30%, he started hawking t-shirts and toys in the evenings.
“I’m here because I need the money,” he said. “Even if it’s just tens of yuan per night, that’s enough for lunch.”
Yi Shaohua, a researcher at the Chinese Academy of Social Sciences, China’s top state think-tank, said the street stall campaign will at least help lift people’s spirits.
“The upshot is it’ll get people out of their homes, add liveliness to the streets and thus help boost economic confidence,” Yi said.
Reporting and photo: Reuters
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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