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MALDIVES TOURISM DECLINE
Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul ThakkarIndian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to...- As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
- China's lending practices push Maldives toward sovereign defaultThe Maldives faces a severe debt crisis, exacerbated by external debts and unfavorable trade terms with China. With dwindling foreign reser...
- Blackstone looks to return to Trans Maldivian cockpit as lenders look to exitBlackstone is nearing a deal to reacquire Trans Maldivian Airways, eight years after selling it to a Bain Capital-led consortium. The airli...
- Maldives sets target to woo 3,00,000 Indian tourists in 2025The Maldives government aims to attract 300,000 Indian tourists in 2025 after seeing a decline in 2024 due to strained diplomatic relations...
- India ready to give Maldives aid as sukuk default risk loomsIndia is prepared to offer the Maldives emergency financial support to address its financial challenges, including a potential sukuk defaul...
- "We are making sure this doesn't repeat": Maldivian Foreign Minister over ministers derogatory remarks on PM ModiMaldivian Foreign Minister Moosa Zameer, who is on his first official visit to India, has distanced his government from the derogatory rema...
- Maldives urges Indians to 'be a part' of its tourism, says country's economy 'depends' on itTourism Minister Faisal urges Indian support amid declining tourist numbers in Maldives. Backlash over derogatory remarks on social media l...
- Pro-China President Muizzu secures 'supermajority' in Parliamentary election; Here's what it could mean for IndiaMaldivian President Mohamed Muizzu has secured a "supermajority" in Parliament by winning over 60 seats in a crucial parliamentary election...
- Indian tourists shun the Maldives; industry feels the pinch: ReportsIndian tourists are avoiding the Maldives following social media controversies, causing a significant drop in tourist arrivals from India a...
- Indians ditch Maldives as their favourite island getawayIndia's position as the top contributor to tourist numbers in the Maldives has slipped, with Russia now taking the lead. The decline in Ind...
- As more Indians head overseas, forex outflows doubleIndia's reserve cover remains strong, at about 9 months of imports, in September. This is higher than during the "taper tantrum" in 2013, w...
- Indians' overseas travel spend more than doublesForeign exchange outflows due to overseas travel by Indians more than doubled from a year earlier to $1.5 billion in August. This may also ...
- Taj Mahal most visited ticketed ASI site for domestic tourists in FY22Sharing data about the footfall at various sites under the Archaeological Survey of India (ASI), the report said the Taj Mahal was the most...
- Jet-set getaways: Super rich Indians to charter jets for destinations like Turkey, Bali & Sri LankaA report said around 43% of ultra-high-net-worth individuals are likely to use private jets for travel this year.
- Getaway from the virus: Rich Indians and Bollywood stars fly to Maldives for vacationThe Maldives attracted a record 1.7 million foreign tourists last year.
- Bain's $500 million bet on Trans Maldivian Airways crash landsThe company’s lenders have taken control of the business, invoking underlying securities, after Bain Capital Private Equity and Chinese par...
- Government employees may get LTC to visit SAARC nationsThe decision has been taken to promote people-to-people contact and boost tourism among the SAARC regions, Jitendra Singh said.
- Maldives, Sri Lanka, Bhutan, Nepal likely on leave travel concession mapAt the Saarc summit, Prime Minister Narendra Modi (3rd from left) had highlighted the need for better connectivity in the region.
- Pranab grants a Rs 200-crore facelift to GoaRs 200-cr stimulus package may give boost to Goa's tourism sector.
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