AGP Executive Report
Last update: 7 hours agoDigital Payments: Bank of Maldives CEO Mohamed Shareef says the country’s finance system is moving toward “invisible” payments over the next five years, powered by connected payment ecosystems and biometric digital identities. Tourism Growth: Maldives Inland Revenue Authority data shows diving schools are the fastest-growing tourism segment, with revenue up 47.7% to USD 32.03m in Dec 2025–Feb 2026, alongside strong gains in water sports and homestays. Tourism Milestone: Maldives welcomed its one millionth visitor on 20 June, averaging about 5,700 arrivals per day, with China still the top source market. Resort Recognition: Crown & Champa Resorts’ properties picked up Tripadvisor Travellers’ Choice Awards 2026, including Jawakara Islands Maldives earning “Best of the Best.” Resort & Experience Updates: InterContinental Maldives Maamunagau launches a complimentary padel court, while Dusit Thani Maldives rolls out a villa refresh across selected categories. BML Merchant Financing: BML expands merchant advance settlement support, offering up to MVR 2m financing with faster processing and simplified documentation.
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