AGP Executive Report
Last update: 9 hours agoDigital Payments: President Mohamed Muizzu says the government is working “day and night” to address online transaction problems, as Bank of Maldives’ foreign-currency limits continue to frustrate shoppers. Rasmale’ Project: Eagle Hills chairman Mohamed Alabbar says investors must obey Maldivian law, amid debate over a proposed 99-year lease of about 500 hectares. He says the company would initially finance 5,000 homes, but the final agreement is not signed. Public Finances: Moody’s upgraded the Maldives’ credit rating to Caa1 with a stable outlook, citing debt repayments and stronger foreign-exchange buffers. BML says it supplied customers with $722 million in foreign currency in the first nine months of the year. Immigration: Home Minister Ali Ihusaan says authorities are tracing about 800 unverified foreigners through overseas governments and databases, with the operation targeted for completion by November 17. Judicial Independence: Police have concluded a case against former Supreme Court Justice Azmiralda Zahir, saying criminal conduct is unlikely; her lawyers argue the investigation lacked grounds from the outset.
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.
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