AGP Executive Report
Last update: 9 hours agoState Finance & Markets: President Muizzu established National Exchange Limited via Presidential Decree No. 16/2026 to run a government-backed secondary securities market and support Islamic finance, including post-trade clearing and settlement. Youth & National Service: The National Service Programme marked its first anniversary with 1,028 youths completing initial training and 136 finishing skills training, with plans for an internship component. Tourism Data Reporting: MIRA launched the Maldives Guest Information System (MGIS), requiring resorts/hotels/guesthouses over 50 beds to report from November and other Green Tax entities from January, cutting manual submissions and aligning Tourism reporting. Environment Enforcement: ERA warned it will fine people who catch, keep or trade protected migratory birds during the northeast monsoon, urging immediate release and reporting of poaching. Governance & SOEs: An MP asked Majlis to investigate a company formed by three SOEs for the Maldives Port Development Private Limited, raising questions on approvals and public oversight. Legal Cooperation: The Maldives and Russia signed an MoU between their Prosecutor General offices to strengthen cooperation against transnational crime. Courts Administration: The Magistrate Courts Regulation came into effect, standardising case procedures and introducing registrars. International Relations: Muizzu reaffirmed Maldives-China ties with Xi Jinping on China’s 77th founding anniversary. Labour Policy (Regional): Sri Lanka signed a six-year ILO labour programme focused on jobs, worker protection and social protection—implementation will be the test. Maritime Security: MNDF seized a foreign fishing vessel for illegal fishing in the Maldives EEZ, the second such case this month.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.