AGP Executive Report
Last update: 4 hours agoTragedy at Depth: Five Italian tourists died after a diving trip went wrong near Vaavu atoll, about 160 feet underwater, with authorities calling it the worst single diving accident in Maldives history; victims include a marine biologist and her 20-year-old daughter, and a probe is underway into what happened aboard the foreign-operated live-aboard vessel Duke of York. Diplomatic Push: Maldives Foreign Minister Iruthisham Adam says Malé is aiming to sign an India Free Trade Agreement by end-2026, while also stressing Hormuz should stay open amid West Asia tensions. Business & Policy: EY warns proposed Sri Lanka VAT changes could raise costs and trigger disputes, especially around digital and financial services—useful context for regional tax risk. Regional Trade Links: Riyadh Cargo appoints new GSSAs across India, UAE and Egypt to expand its network. Tourism Product: Vahmaafushi, the Maldives’ first adventure picnic island, is set to open 21 May with an over-ocean zipline. Finance Skills: Bank of Maldives starts a Chartered Banker Programme for 30 staff via its BML Academy.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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