AGP Executive Report
Last update: 3 hours agoE-Commerce & FX Controls: Bank of Maldives (BML) has rolled out new daily limits for rufiyaa card spending on international e-commerce, effective 13 September, with a USD 16m monthly cap and category-based daily ceilings that reset at 7am; top merchants like Temu, Alibaba, Apple and Amazon get up to USD 100,000 per day, while social platforms (Meta, TikTok) have separate allocations. State Business & Religion: President Muizzu established Maldives Awqaf Investments Limited, a 100% state-owned company tasked with funding religious affairs and managing waqf/endowment properties, including mosque construction, maintenance and Sharia-compliant commercial activities. Infrastructure Oversight: Opposition MDP has questioned the speed of inspections after two oil tankers crashed into Sinamale’ Bridge, while the Infrastructure Minister says there was no structural damage—only surface scratches—after inspections by the bridge builder. Sports Governance Fallout: FIFA imposed lifetime bans on former Maldives FA president Bassam Adeel Jaleel and others over misuse of COVID-19 relief funds, alongside fines and related sanctions. Tourism & Connectivity: GullivAir plans direct Malé–Sofia flights from 6 November 2026, adding a new winter European link for travellers. Regional Cooperation: South Asian countries, including Maldives, pledged stronger coordinated action against wildlife crime through intelligence sharing and financial investigations under the Kathmandu Declaration.
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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