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Barceló Nasandhura
In the news, last 90 days
Society
Italy bestows highest civilian honour on Mahdhee
Italy has posthumously awarded its highest civilian honour, the Gold Medal for Civil Valour, to Maldives National Defence Force Staff Sergeant Mohamed Mahdhee, who died during a recovery operation for Italian tourists trapped in a sea cave at Vaavu Atoll. The medal and certificate were presented to his family at a ceremony marking Italy's National Day, while a support fund for the family has been opened for public donations until December 31.
Economy
Small businesses to receive five-year import duty relief under new government initiative
President Dr Mohamed Muizzu announced a five-year import duty exemption at zero percent on designated raw materials for MSMEs, effective January 1, 2027, along with measures including a higher GST registration threshold and a tax offset mechanism for government payment delays. He also reported that MVR 795 million in loans had been disbursed to more than 1,000 entrepreneurs during 2026.
Other · Press release
Kiruba Shankar to Deliver Opening Keynote at MIB Guesthouse Symposium 2026
Maldives Islamic Bank announced that speaker and author Kiruba Shankar will deliver the opening keynote at the MIB Guesthouse Symposium 2026. The symposium is scheduled for 15 October 2026 at Barceló Nasandhura for guesthouse owners, operators and industry stakeholders.
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