Maldives has relaxed regulations on registering a foreign investment in the island nation’s lucrative tourism sector. Previous regulations required a foreigner interested in owning or operating...
By Sonu Shivdasani Thank you for all your replies to the opinion article I shared a few weeks ago, ‘How Maldivian Tourism can Survive Covid-19’. I appreciate...
WASHINGTON (Reuters) – The global economy will take much longer to recover fully from the shock caused by the new coronavirus than initially expected, the head...
An Islamic financing institute has arranged a $15 million emergency loan to the Maldives main state-owned trading company to procure essential supplies for the coronavirus response....
Noku Maldives has joined the Preferred Hotels & Resorts alliance. The Maldives resort is amongst 26 new properties that joined the independent hotel portfolio in the...
Tourist arrivals to the Maldives will take a year or a year and a half to recover to pre-pandemic levels after the island nation reopens its...
BANGKOK (Reuters) – Thailand’s economy contracted at its sharpest pace in eight years in the first quarter, pushing Southeast Asia’s second largest economy into recession sooner...
PARIS (Reuters) – French hotel company Accor (ACCP.PA) – one of many in the tourism sector to have been hit hard by the impact of the...
Tourism promotion officials in Maldives are preparing to host a grand virtual event to kick-start the island nation’s efforts to reopen its lucrative tourism industry. Maldives...
DUBAI/BENGALURU (Reuters) – Saudi Arabia’s sovereign wealth fund has bought minority stakes in major American companies including Boeing, Facebook and Citigroup, a regulatory filing showed, giving...