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Frankly Speaking
As more women break into male-dominated industries and rise to leadership positions, what strategies and insights can we share to empower and support one another in navigating the challenges and seizing the opportunities of these traditionally male-dominated fields?
PUBLISHED March 08, 2024
Russia has become the dominant market for tourist arrivals in the Maldives. What do you think are the key reasons for this trend, and how might it evolve in the coming months?
PUBLISHED February 06, 2024
Yacht agents express worry about a decline in stopover visits to the Maldives by Passenger Liners, while the local boating industry highlights the problem of foreign yachts cruising in the Maldives without paying TGST on bookings. Passenger Liners visits and based foreign yachts cruising are two distinct matters. What is your perspective on this?
PUBLISHED January 05, 2024
With 68 percent of the bed capacity occupied by resorts, what challenges and opportunities do you foresee for diversifying accommodation options, considering the current distribution of beds in resorts, guesthouses, hotels, and liveaboard vessels?
PUBLISHED December 15, 2023
In July 2022, the Finance Ministry along with the Tourism Ministry officials met with industry stakeholders MATI, MATATO, NBAM, NHGAM, ATA, MAYA etc. to share information on the increment of taxes in early 2023, in spite of not having an exact date of implementation. These meetings shed light on the proposed GST increments from 6% to 8% and TGST from 12% to 14% - a total increment of 2% from both the taxes. Many across the industry continue expressing their concerns on tax increment and advising authorities of the challenges in keeping up with competitive markets. What is your take on the matter?
PUBLISHED November 07, 2023
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