Sanctions & Logistics: A Wall Street Journal investigation says the Maldives is being used as a transit hub for hundreds of millions of dollars in restricted goods headed to Russia, with cargo routed via Velana International Airport and then moved on Aeroflot flights—raising fresh scrutiny over dual-use items like microchips and aircraft parts. FX & Currency Policy: Fisheries Minister Ahmed Shiyam urged people not to “sensationalize” the US dollar, blaming dollar shortages on past policies and calling for reforms to strengthen the Maldivian rufiyaa and curb black-market demand. Tourism Demand Insights: Yandex Ads and MATI/Visit Maldives shared research showing Russia is now the Maldives’ second-largest source market by volume, with strong conversion into bookings and atoll-first decision-making—pushing hotels to target Russian travellers year-round. Halal Investment Push: President Muizzu met ICCD to explore deeper cooperation in halal business and tourism, including capacity-building and investment opportunities. Tax Reform for Tourism: MIRA said a GST amendment will bring eligible foreign tour operators and overseas tourism businesses into the GST system, broadening the tax base. Infrastructure & Diplomacy: Muizzu praised the India-backed Thilamale Bridge under the GMCP as a symbol of enduring Maldives-India ties, highlighting India’s financing and Afcons’ role. Labour Backlog: Bangladesh’s labour courts and tribunal face 29,927 pending cases as of July 31, with steps underway to hire manpower and reduce delays. Climate & Heat Risk: Maldives Meteorological Service reported a 39.1°C feels-like peak in Malé and warned El Niño could raise heat stress risks for reefs, fisheries and agriculture. Industry Recognition: Zipline Maldives won a “World’s Most Beautiful Zipline – Maldives” global award, while Kuredhivaru picked up two TTM Awards for beach villas and culinary excellence.