AGP Executive Report
Last update: 7 hours agoMaldives-Creators Push: Visit Maldives Corporation has launched Creatoll, a national digital marketplace where Maldivian photographers and filmmakers can sell content directly to international buyers, set their own prices, and keep ownership of intellectual property—plus a global “This is My Maldives” photo competition with an MVR 50,000 prize. Blue Economy: A new study says manta ray watching is worth US$311m annually to the Maldives economy and could generate US$8.6bn in lifetime tourism revenue. Trade Talks: Maldives and India have started formal FTA negotiations, with the first round held this week and a goal to conclude soon—aimed at giving Maldivian exporters better market access. Marine Luxury Deal: Maritimo has appointed KJM Marine as its exclusive dealer across the GCC and selected Middle East/Indian Ocean markets, including the Maldives, with full sales and after-sales support. Tourism Demand Lever: India’s NITI Aayog is urging visa liberalisation (visa-on-arrival, longer multiple-entry visas) to boost inbound tourism—relevant for Maldives-bound travellers and regional connectivity. Fuel Cost Spillover: India cut ATF by ₹5/litre from July 1 and revised export duties on petrol/diesel/ATF, while expanding exemptions to include Maldives—a small but potentially helpful signal for aviation and travel costs.
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