AGP Executive Report
Last update: 4 minutes agoMaldives–India Trade Push: Minister Mohamed Saeed says recent talks with India’s commerce leadership are “highly productive,” covering trade, investment, digital economy, tourism and connectivity, with Free Trade Agreement and Bilateral Investment Treaty negotiations advancing. Tourism & Hospitality Recognition: Grand Park Kodhipparu Maldives earns two World Travel Awards nominations, while LUX* South Ari Atoll wins triple Travel + Leisure Luxury Awards Asia Pacific 2026 recognition for families, pools and house reefs. New Resort Pipeline: Maxx Royal Maldives is set to open in autumn 2027, and Gulf Hotels Group expands into the Maldives with its first luxury resort. Skills for the Blue Economy: Atmosphere Foundation’s “Zero to Divemaster” scholarship launches a second batch, fully funding training to feed Maldives’ diving and tourism workforce. Banking & Payments: Bank of Maldives reports a 77% rise in USD sales over two and a half years, reflecting growing demand for travel, education and card spending. Digital Finance in the Region: Sri Lanka’s BOC launches a mobile wallet-based Tap & Pay contactless solution, signaling faster payments adoption across the Indian Ocean market. Plastic-Free July: Banyan Tree Vabbinfaru and Dhawa Ihuru run conservation drives with beach and reef cleans and shark awareness activities.
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