Tax hike may lead to $50 million tourism loss, MATATO warns

MATATO's statement accused Minister Ameer of giving “flawed” information to the IMF and the World Bank.

24 November 2022

China becomes 9th top tourist source market in less than a week

In the near future, Chinese tourists are expected to account for 10% of the total arrivals in the Maldives.

23 January 2023

MATATO calls on governor to resign over dollar shortage

MATATO said that the MMA, the parent body of the financial sector, has neglected to take strong measures to stabilise it for many years.

18 February 2024