AGP Executive Report
Last update: 11 hours agoThilafushi Port: Maldives Ports Limited has signed an MoU with China Harbour Engineering Company for Phase 1 of the Thilafushi Port, ending an earlier plan with India and handing key design and quay-wall work to CHEC—an issue now drawing strategic concern in the region. Capital Markets: The Maldives Stock Exchange and Securities Depository unveiled a 2026-2030 strategic plan to strengthen market infrastructure, help SMEs raise funds, and push for an anchor tourism listing by 2027, alongside updates to debt listing rules. Fisheries Finance: The fisheries ministry says MVR 14.5m has been disbursed in loans to 113 fishermen via the Masveriya Portal, supporting equipment, vessel, education and even guesthouse-related financing. Tourism & Aviation: A deal at the Farnborough Airshow links Island Aviation Services (Maldivian) with De Havilland Canada for Twin Otter aircraft, while separate coverage highlights the Maldives’ ongoing reliance on seaplane connectivity. Hospitality Appointments: ananea Madivaru Maldives appointed Pierre Leif Edlund as General Manager, continuing leadership reshuffles in the resort sector.
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