AGP Executive Report
Last update: 7 hours agoFood Production: President Mohamed Muizzu says boosting local farming with modern technology can reduce import dependence, protect the Maldives from supply shocks and create jobs. Tourism: The Standard, Huruvalhi Maldives is preparing villa, dining, family and wellness upgrades. CROSSROADS Maldives has secured official recognition for a 1.71-square-kilometre marine conservation area, while tourism tax revenue fell 1.5% year-on-year to MVR 8.09 billion by October 8. Investment Rules: New requirements reserve some activities for Maldivians and require at least 25% local ownership in several sectors, including construction, real estate, auditing and IT. Fisheries: MIFCO has raised its top skipjack purchase rate to MVR 22.75 per kilogram for deliveries above eight tonnes at five ports. Local Enterprise: A BML Startup Grant-backed Hoandedhoo tuna jerky business now sells through more than 80 outlets across 17 islands.
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