AGP Executive Report
Last update: 8 hours agoTourism Tax Pressure: Maldives’ 17% tourism GST extension to overseas travel firms’ margins from Oct 1 has drawn fresh alarm from UK trade body ABTA, which says the deadline and lack of consultation risk making islands commercially unviable. Shipping Costs: Maersk cut its Emergency Contingency Surcharge on Maldives-to-Northern Europe/Mediterranean routes, lowering ECS for 20ft containers from $3,500 to $3,200 and 40/45ft high-cube from $3,900 to $3,300. Port Progress: Maldives Ports Limited says the domestic operations area at Thilafushi is on track for early October, with a 100-metre quay wall completed and yard paving underway. Utilities & Disruption: STELCO will seek compensation for repair costs after road works damaged electricity cables, blamed for recent Hulhumalé power outages. Health Access: Health Minister Geela Ali says a mobile blood donation service is being prepared to make donating easier, especially for people unable to reach blood banks. Hospitality & Industry: Hotelier Maldives named Dhivehi Insurance as Insurance Partner for the Hotelier Maldives GM Forum 2026. Crime & Cash Controls: A Criminal Court extended remand for six Bangladeshi workers accused of money laundering after MVR 3.86m was found hidden in cereal packets at Velana International Airport.
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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