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AGP Executive Report

Last update: 5 minutes ago

Foreign Affairs: Maldives Foreign Ministry denies reports of an Indian consulate in Addu and says no decision has been made on consulates outside Malé, urging responsible reporting. Tourism & Aviation: Cabinet will review and reduce domestic airfares for tourists, but industry voices warn frequency and connectivity matter as much as price; Russia also plans increased flights to the Maldives. Parliament & Tax: MPs passed Foreign Currency Act amendments raising the USD 15m to USD 25m threshold for foreign-currency deposits, and approved raising withholding tax on non-resident construction contractors from 5% to 10%; GST on foreign tour operators/booking platforms also moved forward amid calls for tourism-sector consultation. Governance & Public Services: iCOM launched a Strategic Action Plan to strengthen RTI access through 2031; WAMCO rolled out an official app for waste services and payments. State Sector & Jobs: Government-backed “rightsizing” continues, with an MVR 600m fund for redundant SOE employees to start businesses. Local Administration: Hinnavaru council set a MVR 2,000 fee for deregistering from the residential registry starting September 1.

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.

AGP Wire

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Aug. 13, 2026

Cinnamon Maldives sets four themed island festive programs

AGP

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Jul. 21, 2026

Centara Maldives resorts win multiple global travel awards

AGP

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Aug. 18, 2026

Guangdong Xinhe Aluminium expands global profile extrusion footprint

AGP

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Jul. 13, 2026

Grand Park Kodhipparu Maldives lands two World Travel Awards nominations

AGP


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JAT Holdings records 34% revenue growth in 1Q FY26/27, led by international operations revenue increased 34% YoY to Rs. 3.04 b

JAT Holdings records 34% revenue growth in 1Q FY26/27, led by international operations revenue increased 34% YoY to Rs. 3.04 b


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Aug. 13, 2026

Cinnamon Hotels & Resorts Maldives unveils four distinctive island celebrations for the festive season

EIN Presswire

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Aug. 3, 2026

Chinese Ambassador to the Maldives Kong Xianhua Publishes a Signed Article in Maldivian Media to Mark the 105th Anniversary of the Founding of the Communist Party of China

Ministry of Foreign Affairs of the People's Republic of China

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Aug. 18, 2026

Guangdong Xinhe Aluminium Expands Global Footprint with Custom Profile Extrusion Systems

EIN Presswire

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Jul. 29, 2026

Mandapa, a Ritz-Carlton Reserve Joins The Luxury Group by Marriott International’s Luxury Dining Series

EIN Presswire

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Jul. 27, 2026

Chinese Ambassador to the Maldives Kong Xianhua Meets with PSM Chairperson Aminath Namza

Ministry of Foreign Affairs of the People's Republic of China

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Jul. 27, 2026

Chinese Ambassador to the Maldives Kong Xianhua Meets with MJA President Ahmed Naaif

Ministry of Foreign Affairs of the People's Republic of China

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