Mon, 12 Oct 2026, 06:09 pm

ދިވެހި

ދިވެހިއަށް ބަދަލުކުރޭ

Business

Applications opened for Maldives Tourism Awards

Hassan Mohamed|Jun 2, 2023, 3:01 PM

The deadline for application is 1pm on July 16.

The tourism ministry has opened applications to the second Maldives Tourism Awards.

Maldives Tourism Awards is an annual national award launched in 2022 to acknowledge and recognize tourism sector establishments and professionals.

The deadline for application is 1pm on July 16.

Applications are open for all resorts, hotels, guesthouses, safaris, travel agencies, dive centers, water sports centers providing service to tourists and professionals working in the tourism sector.

The judges would assess services provided from June 2022 to May 31, 2023 when deciding on the award winners.

Applicants must submit an online form through the tourism ministry website.

Tourism Tourism Ministry

Comments

German tourist dies after being hit by boat propeller

Apr 1

Maldives tourism bears brunt of Muizzu's remarks

Mar 25

Resorts implement power cuts amid losses due to war

Mar 25

Italian tourists stuck in Maldives leave on cruise ship

Mar 8

Latest News

EyeCare offers 20 percent discount to mark World Sight Day

To celebrate World Sight Day, EyeCare is offering a 20 percent discount on selected frames with the purchase of prescription lenses through October. Available at all outlets, the promotion aligns with the "Love Your Eyes" theme to encourage eye health. Professionals are on hand to help customers choose the best options for their lifestyle.

Dhiraagu Maldives Junior Open to begin on December 13

Registration is open for the Dhiraagu Maldives Junior Open 2026, a badminton tournament running from December 13 to 19 in Malé. The event features various youth age groups and a Para category to foster local and international talent. Interested players must register by November 25 to compete in this endorsed sporting event.

MTCC has 6700 employees, most positions are contract-based

MTCC reports a workforce of 6,700 employees, with only 2,500 being permanent staff. Following a merger with the Road Development Corporation, the company’s headcount will grow by over 4,000, establishing a presence on every inhabited island. This expansion comes amid criticism over rapid hiring practices within state-owned enterprises.

Moody’s upgrades Maldives credit rating to Caa1

Moody’s has upgraded the Maldives' credit rating from Caa2 to Caa1 with a stable outlook, citing a reduced risk of default after successful debt payments. While the upgrade restores the rating to previous levels, the agency warns of a rising budget deficit and a high debt-to-GDP ratio that remains above 100 percent.

Board appointed for new Awqaf Investment company

The Maldives has formed the board for Maldives Awqaf Investment, a new state-owned enterprise led by Chairperson Izzuddin Adnan. The company will manage mosque construction, renovations, and waqf property development through Shari’ah-compliant activities. It holds an authorized capital of MVR 100 million to ensure project sustainability.

Government revenue exceeds MVR 30 billion

The Maldivian government’s revenue surpassed MVR 30 billion, marking a slight increase over last year despite a slowdown in tourism-related tax growth. While tax revenue rose to MVR 23.8 billion, non-tax revenue saw a decline. Economic experts link the stagnation to a cooling tourism sector, which may impact year-end budgetary targets.

TGST declines due to low tourist arrivals

Maldives' state revenue is declining as Tourism Goods and Services Tax collections fell by MVR 110.5 million due to a drop in visitor arrivals. Disruptions in Middle Eastern air travel have slowed tourism momentum since the second quarter. It is now unlikely the country will meet its annual target of 2.4 million tourists.

Get the latest news delivered straight to your inbox