AGP Executive Report
Last update: 11 hours agoDisaster Preparedness: Kulhudhuffushi is set to become the Maldives’ first community to receive UNESCO’s “Tsunami Ready” certification, with evacuation maps, marked safe zones, designated shelters and a mosque-loudspeaker warning system rolled out to boost emergency response. Trade & Diplomacy: India and the Maldives concluded the first round of Free Trade Agreement talks in virtual sessions, reporting “substantive progress” and broad convergence, with both sides pushing to expedite the FTA and a Bilateral Investment Treaty. Banking Expansion: Bank of Maldives opened seven new branches across multiple atolls, bringing its network to 55 branches nationwide, as the bank reiterates its role in financial inclusion and local economic activity. Digital Payments: BML highlighted Swipe’s International Accounts, enabling customers to receive cross-border transfers in USD/EUR/GBP via an IBAN-linked wallet. Education Support: Maldives and Japan signed a grant agreement of about USD 1.02m to continue the JDS postgraduate scholarship programme for Maldivian students. Tourism Industry: Hotelier Maldives announced the theme for its 10th General Managers’ Forum—“Resilience and Reinvention: Talent, Technology and Transformation”—for Oct 5, 2026. Regional Mobility: Thailand’s cabinet approved a revised visa-free arrangement for Maldivians, allowing up to 30 days without a visa (effective after publication).
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