President Mohamed Muizzu indirectly criticised leading hoteliers in a post on X amid a dispute over a Maldives Monetary Authority foreign exchange rule requiring 'A' category resorts to exchange at least USD 500 per guest into MVR. More than 50 resorts have formally protested the mandate, with industry figures calling it unfeasible and arbitrary.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
The rule, implemented on 1 October, requires “A” category resorts to exchange at least USD 500 per guest into Maldivian Rufiyaa (MVR).
Word for word from the report in Maldives Republic. Open the report
President Mohamed Muizzu issued an indirect critique of the country’s leading hoteliers on Thursday, accusing some business figures of prioritising political interests over public welfare.
Word for word from the report in Maldives Republic. Open the report
who do not want any good to come to the people
This government will continue to be on the side of the people and bring prosperity to all people fairly.
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
The rule, implemented on 1 October, requires “A” category resorts to exchange at least USD 500 per guest into Maldivian Rufiyaa (MVR).
Word for word from the report in Maldives Republic. Open the report
the rule has drawn significant opposition from more than 50 resorts that have formally protested the mandate.
Word for word from the report in Maldives Republic. Open the report
