AGP Executive Report
Last update: 5 hours agoFisheries: MIFCO has raised its skipjack purchase price to MVR 23 per kilogram. The company says more cold storage and processing are key to sustaining better prices and increasing returns from fish exports. Rasmale’ Development: Housing Minister Abdulla Muthalib called a USD 24 billion land valuation flawed, saying it applies Hulhumalé’s current prices to newly reclaimed Rasmale’ despite the island’s lack of services and economic activity. Trade & Investment: A Sanya delegation has agreed to deepen commercial ties with the Maldives, exploring cooperation in fisheries, aquaculture and yacht services. Small Businesses: Applications are open for the second phase of BML and SME Digital’s youth financing scheme, offering entrepreneurs aged 18–30 up to MVR 150,000 without collateral. Tourism Connectivity: S7 Airlines has launched twice-weekly flights from Novosibirsk, adding a direct link from Siberia ahead of the winter season. Climate & Work: ILO projections warn heat stress could cost the Maldives the equivalent of 2,400 full-time jobs in lost working hours and about USD 576 million in annual GDP by 2040.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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