L. Fonadhoo
8 articles
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NewsResorts mandated to exchange 40 percent of USD earnings
The Maldives Parliament passed amendments requiring resorts to convert 40% of USD earnings into local currency within 28 days, starting in October. Despite industry warnings that the mandate is unfeasible, the law increases the previous 20% requirement. The move aims to bolster foreign exchange reserves but faces strong tourism sector opposition.
NewsAbdul Raheem: "Time and circumstance can change"
Muizzu and Abdul Raheem were close political allies until their falling out soon after the parliamentary elections last year.
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Govt seeks new developer for Laamu Maritime Hub
Business
MIB service centre opened in Laamu Fonadhoo
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Port and bunkering services to be developed in Laamu Fonadhoo
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Abdul Raheem not seen at campaign event in Laamu Gan!
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Seven islands announced to be developed as urban centres
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