Doing Business in the Maldives
EENI - Business School.
Subject (Course): International Trade and Business in the Maldives.
- Introduction to the Republic of Maldives (Asia)
- Maldivian Economy
- Foreign Trade of the Maldives
- Foreign Direct Investment (FDI) in the Maldives
- Business Opportunities in the Maldives
- Tourism sector
- Fishing sector
- Case Study: Villa Shipping and Trading Company. Mr Qasim
- Access to the Maldivian Market
- Business Plan for the Maldives
Objectives of the subject “Doing Business in the Republic of Maldives”:
- To analyse the Maldivian economy and foreign trade
- To evaluate business opportunities in the Republic of Maldives
- To explore the Maldives' trade relations with the student's country
- To know Maldives' Free Trade Agreements (FTAs)
- To examine the profile of Maldivian Companies
- To develop a business plan for the Maldivian Market
Sample of the subject - Doing Business in the Maldives:
Subject Description (Doing Business in the Maldives).
The Republic of Maldives.
Tourism and fishing sector: 40% of the Maldivian GDP
- Maldivian Population: 350,000.
- 79% under thirty-five years of age
- Literacy rate: 98%
- Maldivian capital: Male
- Maldivian official language: Dhivehi (Thaana Script), the majority of the Maldivians speaks English.
- More than 1190 Islands
- Tropical climate
- Independence: 1968 (United Kingdom)
- Sunni Islam is the official
- Neighbouring countries (by Sea): India, Sri Lanka, Indonesia, and the Seychelles
The Maldives belongs to the Central Eurasian Economic Area of the Islamic Civilisation.
- Maldivian GDP growth of 7% last twenty years
- The main economic sectors: tourism and fishing (40% of GDP)
- The total imports: 60% of Maldivian GDP
- Petroleum: 31% of the total imports
- Maldivian Currency: Rufiyaa
- Special Economic Zones
- The recent investments (FDI): Hilton, Four Seasons, Club Med, KPMG, and Price Waterhouse
- The largest port: Male. Future port: Port of Thilafushi
- The Maldives has not mineral resources
- Risk of natural disasters.
- Effects of the Asian tsunami (2004): near 62% of GDP
International Trade of the Maldives.
- Maldivian merchandise exports (% of GDP): 23%
- Merchandise imports (% of GDP): 23,6%
- Exports of services (% of GDP): 4,4%
- Imports of services (% of GDP): 1,4%
- FDI Inflows (% of GDP): 1.3%
- Top export markets: China, Russia, Kazakhstan, Turkey, and Bangladesh
- Top import suppliers: China, Russia, South Korea, Kazakhstan, Germany, and Turkey
The Maldives has preferential access/FTA…
- Free Trade Agreement (FTA) with India
- South Asian Association for Regional Cooperation (SAARC)
- South Asia Subregional Economic Cooperation (SASEC)
- Asian Clearing Union (ACU)
The Maldives is a member of…
- Organisation of Islamic Cooperation (OIC)
- Islamic Development Bank
- World Customs Organisation
- Economic Social Commission Asia-Pacific (ESCAP)
- Asian Development Bank
- Boao Forum for Asia
- Maldives-Middle East (AMED)
- Africa-Asia Strategic Partnership (NAASP)