AGP Executive Report
Last update: 9 hours agoEngineers Awards 2026: President Dr Mohamed Muizzu inaugurated the first national Engineers Awards at Barcelo Nasandhura, honouring 10 recipients including MWSC’s Dr Furqan Ibrahim (Engineer of the Year and Innovation/Tech/Education/Research) and Asrar as Women in Engineering; Lifetime Achievement Awards went to Abdul Shakoor Solih (STELCO) plus posthumous honours for Ahmed Mahureen and Mohamed Rasheed. Tourism Capacity & Access: Transport Minister Mohamed Ameen says seven additional airlines are set to start Maldives flights in the final quarter, boosting peak-season arrivals after earlier disruptions. Tourism Land Enforcement: A new regulation allows the state to terminate long-stalled tourism leases—especially where development is below 15% or lease payments and fines reach USD 10m+. Cost of Living: Maldives Bureau of Statistics reports essential goods in Malé rose 6.26% year-on-year in August, with meat (+23.13%) and dairy/eggs (+12.10%) among the biggest jumps. Tourism Policy Pushback: MATI urges dialogue with government over new GST rules for overseas travel agents and a requirement to convert 40% of resort foreign currency revenue through banks. Port Sovereignty: The Economic Ministry reiterates the Thilafushi port project’s development, ownership and operation will remain under government control. Marine Tech & Industry: ExploMar appointed Eongrid as its exclusive Maldives distributor for electric outboard systems, targeting cleaner marine propulsion for operators and resorts.
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