MATATO
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BusinessMATATO welcomes reversing destination principle tax
MATATO has welcomed the Maldivian government's decision to reverse a tax on foreign tour operator commissions. The move follows industry pushback and threats from international partners to stop selling the destination. The government now plans to amend the Tax Act to ensure the Maldives remains competitive in the global tourism market.
BusinessGovt urged to suspend dollar mandate and tax changes
Tourism advocacy group Destination Future is urging the government to suspend a planned 40% foreign currency conversion mandate and new tax changes for tour operators. The group warns these measures could cause irreparable damage to the industry, which is already struggling with declining occupancy and rising supply costs.
Business
Ameen disputes industry claims of $500 million loss
Business
Maldives tourism faces USD 500 million loss
News
MATATO CEO Suzan resigns
Business
MATATO unveils new logo, re-elects Ghiyas for President
News
Controversial forex bill passed
Business
Departure tax, development fees to be hiked from today
News
MATATO backs reforms including collection of tax in dollars
Business
Maldives Travel Conference 2024 Women's Edition ends
News
MATATO President Ghiyas appointed Chairman of MMPRC
Business
MATATO announces first Maldives Travel Conference
Business
MATATO signs agreement with India's IATO
Business
“Guesthouses not to blame for GDP decline”
Business
Suzan appointed CEO of MATATO
News