Opposition Pushes Dollar Crisis Accountability: The Maldivian Democratic Party filed a no-confidence motion against Economic Minister Mohamed Saeed, citing alleged constitutional violations, poor parliamentary engagement, and failure to deliver economic reforms amid a US dollar shortage and a black-market rate above MVR 21, alongside concerns over port bottlenecks and unclear state asset spending. Trade Deal Takes Effect with Türkiye: Maldives-Türkiye preferential trade agreements entered into force, granting tariff concessions across 75 tariff lines for Maldives exports—especially fisheries—while Türkiye offers duty reductions on 154 lines for Maldivian fish and seafood. Digital ID Upgrade: Government has started work on a Smart ID Card, planned within 18 months, aimed at unifying identification with access to financial and other services under the “digital Maldives” push. Health Agency Relocates: The Health Protection Agency moved its headquarters from Malé to Hulhumale’, operating from the Manhattan Grand Hotel Phase II. India Payment Corridor Goes Live: Maldives launched real-time cross-border transfers via Favara-UPI integration, starting with Bank of Maldives and Maldives Islamic Bank for P2P remittances to UPI-enabled accounts in India. Banking Leadership Milestone: Bank of Maldives CEO Mohamed Shareef was appointed Chairman of the Asian Bankers Association, the first Maldivian to lead the body. Dhiraagu CEO Steps Down: Ismail Rasheed retired after 11 years as Dhiraagu CEO, with Valdemar Ferradaz taking over. New Export Link for Mangoes: APEDA facilitated the first air shipment of Karnataka Neelam and Totapuri mangoes to the Maldives, supporting late-season export opportunities and higher returns for farmers. Maritime Territory Recovery: President Muizzu reiterated plans to recover lost southern maritime territory through international legal channels, including a specialized commission to review prior handling of the ITLOS case.