AGP Executive Report
Last update: 8 hours agoMalaysia Ties: PM Datuk Seri Anwar Ibrahim arrived in Malé for a two-day official visit, with President Muizzu welcoming him at Velana and talks set to cover trade, digital cooperation, defence MoUs and Islamic affairs. FX Crackdown: Economic Minister Mohamed Saeed says the US dollar rate in the parallel market has fallen below levels seen when the current administration took office, after enforcement against illegal currency trading. Banking & Payments: Bank of Maldives reports card e-commerce momentum, with limits resetting daily at 7:00am and 70+ transactions per second on major platforms; it also launched FaisaMobileX 2.0 and moved new personal accounts/financing to Islamic banking. Migrant Compliance: Employers are urged to open bank accounts for migrant workers so salaries go into employee accounts at MMA-authorised banks. Sports Infrastructure: MTCC secured MVR 13.64m for Baarah football grounds and MVR 7.82m for Thuraakunu lighting/rostrum projects. Tourism Trade: Visit Maldives Corporation leads a 165-strong industry delegation at ATM 2026 in Dubai. Maritime Revenue: Government says a bunkering service has generated USD 80m so far, with plans for a larger port in Ihavandhippolhu. Black-Market Dollars: Police arrested two foreigners over overpriced dollar sales and warned against illegal exchange operations.
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.