— The nation in focus —
President Mohamed Muizzu says the dollar payments start on 1 November and the tax changes on 1 January. He said the law changes needed are still under way.
The Meteorological Service says the event may become one of the strongest on record. NOAA’s satellite monitoring puts the Maldives’ reefs on bleaching watch, with its outlook rising to a warning level from late December.
President Mohamed Muizzu said 20 memoranda of understanding were exchanged in Islamabad, including on tourism, and that talks on direct flights were continuing.
The central bank said the money changer broke the regulation on money-changing businesses. It is the second money changer MMA has announced action against since August.
The Malé lender can now develop funding proposals for the world's largest dedicated climate fund itself. All four GCF-funded projects in the Maldives so far were brought by international agencies.
The state electricity company said it had begun providing the utility services FENAKA ran on islands in the two northern atolls. It did not say when the handover took effect, how many islands it covers or whether tariffs will change.
A fifth addendum to the resort’s environmental impact assessment drops a larger coastal scheme approved under an earlier addendum in favour of smaller breakwater and groyne changes. The regulator is taking public comments until 5 November.
The state fisheries company would be the supplier while SINOMACH Hainan looks at the Chinese market. MIFCO gave no volumes, prices or shipment dates, and said larger exports could be explored from 2027.
The national airline also held a China roadshow with its sales agent there. China sent 324,039 tourists to the Maldives this year up to 21 October, more than any other country.
