Maldivian Seeks to Lease Two Airbus A220-300s as Successor to Its A320
Island Aviation wants the first jet in the last quarter of 2027 and has given lessors until 28 October to submit proposals.
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Foreign-Owned Retailers and Sales Agents Face Enforcement as Transition Ends
Businesses that had not engaged with the Economic Ministry by 8 October will receive formal notices, and share transfers to Maldivians will be checked for genuine local control.
BML Posts Record MVR1.93 Billion Nine-Month Profit as Dollar Demand Climbs
Third-quarter profit rose 36%, while the foreign currency the bank sold to customers in nine months almost matched its total for all of 2025.
Moody’s Upgrades Maldives Credit Rating to Caa1 After Sukuk Repayment
The one-notch upgrade reflects lower near-term default risk, but the agency expects the budget deficit to widen to 8.0–8.5% of GDP this year.
US and China Agree Framework for Tariff Relief on US$30 Billion of Goods Each
Product lists use 2024 trade values. Any tariff reductions still require implementation through each country’s domestic legal processes.
Seven OPEC+ Countries Keep November Oil Output Targets Unchanged
The group will retain September production requirements for November, while a separate monitoring committee warns about threats to energy infrastructure and shipping.
Flávio Bolsonaro and Lula Advance to Brazil’s Presidential Runoff
Brazil’s electoral court reported Bolsonaro on 47.03% and Lula on 45.16% with 99.99% of ballot boxes counted. The second round is on 25 October.