AGP Executive Report
Last update: 9 hours agoTourism Update: The Maldives welcomed its one millionth visitor on 20 June, but arrivals are still 5% lower than the same period in 2025, with China leading (169,798; 16.2%). Payments & Retail Finance: Bank of Maldives (BML) is pushing merchant growth with faster Advance Merchant Settlement processing (within 5 working days) and up to MVR 2 million financing, plus a new SplitPay instalment option for cardholders. Digital Procurement: Visit Maldives Corporation launched a vendor platform to digitise and streamline procurement, making vendor registration, RFP/RFQ access, and document submissions easier. Hospitality Upgrades: InterContinental Maldives added a complimentary padel court for guests, while Dusit Thani Maldives rolled out a resort-wide villa refresh. Industry People Moves: Park Hyatt Chennai appointed Vishwesh Ramesh as Director of Food & Beverage, and Soneva Secret named Akira Shiota as General Manager. Sustainability & Finance Recognition: BML received awards for digital finance and green/sustainable finance from the Maldives Monetary Authority. Women in Diving: Nova Maldives marks Women’s Dive Day (17–19 July) with a programme led by Maldivian PADI Course Director Zoona Naseem.
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