AGP Executive Report
Last update: 9 hours agoDigital Safety Policy: President Dr. Mohamed Muizzu says the Maldives will ban children under 16 from accessing certain social media platforms to curb cyberbullying, online grooming and other digital risks, with consultations and legal amendments planned and a target rollout within a year. Banking & FX: Bank of Maldives (BML) is expected to ease foreign-transaction limits by end of June after operational challenges and a dollar shortage tightened rules, affecting some MVR card use on international e-commerce while dollar-account cards remain unrestricted. Tourism Deals & Pricing: LuxAtolls launched a Maldives Pricing Index tracking transfer costs, mealplan premiums and resort deal activity across 129 properties, showing transfer costs vary widely and all-inclusive mealplan supplements can be several times higher than half-board. Resort Asset Moves: Hayleys PLC agreed to sell Maldives resort assets linked to NH Maldives Kuda Rah for $17.25m, with impairment losses recorded ahead of completion. Tech for Tourism: Visit Maldives endorsed TechEng 2026 (6–8 Oct) to spotlight engineering, energy and water, digital infrastructure and smart, sustainable solutions for hospitality. Wellness Push: Dusit Hotels’ Well-Fest 2026 runs through June, promoting wellness experiences from sunrise yoga to sleep and mindfulness activities. Energy Innovation: AirPlus Renewables plans to introduce its EDGEWIND Tech XEVA turbine, with deployments including the Maldives, aimed at generating power closer to where it’s used.
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.