Business in the Maldives

EENI- School of International Business

Subject (Course): International Trade and Doing Business in the Maldives. Male. Syllabus:

  1. Introduction to the Republic of Maldives (Asia)
  2. Maldivian Economy
  3. Foreign Trade of the Maldives
  4. Foreign Direct Investment (FDI) in the Maldives
  5. Business Opportunities in the Maldives
    1. Tourism sector
    2. Fishing sector
  6. Case Study: Villa Shipping and Trading Company. Mr Qasim Ibrahim
  7. Access to the Maldivian Market
  8. Business Plan for the Maldives

Objectives of the subject “Foreign Trade and Doing Business in the Republic of Maldives”:

  1. To analyse the Maldivian economy and foreign trade
  2. To evaluate business opportunities in the Republic of Maldives
  3. To explore the Maldives' trade relations with the student's country
  4. To know Maldives' Free Trade Agreements (FTAs)
  5. To examine the profile of Maldivian Companies
  6. To develop a business plan for the Maldivian Market
Subject “Doing Business in the Maldives” is studied...
  1. Professional Masters (e-learning): International Business, Muslims Countries, and Asia
  2. Doctorates: Islamic Countries, Asia

Master in International Business for Maldivian students.

Course learning materials in English Spanish Maldives French Maldives

Credits of the subject “Foreign Trade and Doing Business in the Maldives”: 0.5 ECTS Credits

Sample of the subject - Foreign Trade and Doing Business in the Maldives:
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

  1. Maldivian Population: 350,000.
  2. 79% under thirty-five years of age
  3. Literacy rate: 98%
  4. Maldivian capital: Male
  5. Maldivian official language: Dhivehi (Thaana Script), the majority of the Maldivians speaks English.
  6. More than 1190 Islands
  7. Tropical climate
  8. Independence: 1968 (United Kingdom)
  9. Sunni Islam is the official religion
  10. Neighbouring countries (by Sea): India, Sri Lanka, Indonesia, and the Seychelles

The Maldives belongs to the Central Eurasian Economic Area of the Islamic Civilisation.

Maldives Qasim Ibrahim

Maldivian Economy.

  1. Maldivian GDP growth of 7% last twenty years
  2. The main economic sectors: tourism and fishing (40% of GDP)
  3. The total imports: 60% of Maldivian GDP
  4. Petroleum: 31% of the total imports
  5. Maldivian Currency: Rufiyaa
  6. Special Economic Zones
  7. The recent investments (FDI): Hilton, Four Seasons, Club Med, KPMG, and Price Waterhouse
  8. The largest port: Male. Future port: Port of Thilafushi
  9. The Maldives has not mineral resources
  10. Risk of natural disasters.
  11. Effects of the Asian tsunami (2004): near 62% of GDP

International Trade of the Maldives.

  1. Maldivian merchandise exports (% of GDP): 23%
  2. Merchandise imports (% of GDP): 23,6%
  3. Exports of services (% of GDP): 4,4%
  4. Imports of services (% of GDP): 1,4%
  5. FDI Inflows (% of GDP): 1.3%
  6. Top export markets: China, Russia, Kazakhstan, Turkey, and Bangladesh
  7. Top import suppliers: China, Russia, South Korea, Kazakhstan, Germany, and Turkey

The Maldives has preferential access/FTA...

  1. Free Trade Agreement (FTA) with India
  2. South Asian Association for Regional Cooperation (SAARC)
  3. South Asia Subregional Economic Cooperation (SASEC)
  4. Asian Clearing Union (ACU)

South Asian Association for Regional Cooperation (SAARC)

South Asia Economic Cooperation

The Maldives is a member of...

  1. Organisation of Islamic Cooperation (OIC)
  2. Islamic Development Bank
  3. World Customs Organisation
  4. Economic Social Commission Asia-Pacific (ESCAP)
  5. Asian Development Bank (ADB)
  6. Boao Forum for Asia
  7. Maldives-Middle East (AMED)
  8. Africa-Asia Strategic Partnership (NAASP)

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