Cross-border Payments: The Maldives Monetary Authority has gone live with the Favara–UPI corridor, enabling real-time person-to-person transfers from Maldives bank accounts to UPI-enabled accounts in India, with initial participation by Bank of Maldives and Maldives Islamic Bank; transfers are initiated in MVR or USD and credited instantly in INR, with family-maintenance and approved gift remittances supported, and QR merchant payments flagged for later phases. Banking Performance: Bank of Maldives reported record first-half 2026 results, with net profit after tax of MVR 1.3 billion (up 21%), operating profit of MVR 1.8 billion, and foreign currency support of over USD 478 million to businesses and individuals. Trade & Exports: APEDA facilitated the first air shipment of Karnataka’s Neelam and Totapuri mangoes to the Maldives—one metric tonne—opening new late-season export opportunities for growers and highlighting women-led exporting via Ahalya Devi Ventures. Public Finance & Debt: Government debt repayments hit USD 596.6 million in the first six months of 2026 (up sharply year-on-year), with the Sovereign Development Fund used for major obligations. Governance & Integrity: President Muizzu said stolen public assets from corruption can be recovered, pointing to an Asset Recovery Bill and wider anti-corruption and digitalisation efforts. Local Business & Tourism Promotion: Visit Maldives’ month-long digital campaign generated 160 million impressions worldwide, while Maldives’ tourism earnings concerns were raised in regional reporting. Infrastructure Updates: MTCC said flooding on a newly upgraded stretch of Boduthakurufaanu Magu is linked to ongoing pump-station works, with temporary drainage continuing until commissioning.