AGP Executive Report
Last update: 11 hours agoMaldives-India Trade: India and the Maldives inched closer to a Free Trade Agreement after the first round of talks, reporting “substantive progress” across multiple tracks and agreeing to expedite both the FTA and the Bilateral Investment Treaty. Banking Access: Bank of Maldives opened seven new branches across seven islands, bringing its network to 55 branches in all 20 atolls, with the push aimed at improving financial inclusion. Currency Confidence: BML CEO Mohamed Shareef pushed back against claims about the bank’s foreign currency liquidity, warning that unverified rumours could damage public confidence and economic activity. Youth & Skills: Japan signed a new USD 1.02m grant to continue postgraduate scholarships for Maldivians under the JDS programme. Entrepreneurship Push: BML launched a Youth Entrepreneurship Financing facility with up to MVR 150,000 for 18–30-year-olds, offering fast approvals and mentorship support. Tourism & Culture: Finolhu appointed marine biologist Harry Green Longin to lead further conservation work in Baa Atoll, while Atmosphere Kanifushi announced its 6th Just Veg Festival (family-style theme) for October 2026. Regional Travel Impact: Thailand restored visa-free entry for Maldivians for up to 30 days under revised rules, effective after publication in the Royal Gazette.
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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