Maldives were long a sultanate, first under Dutch and then under
British protection. They became a republic in 1968, three years after
independence. Tourism and fishing are being developed on the
Maldives largest industry, accounts for 20% of GDP and more than 60% of
the Maldives' foreign exchange receipts. Over 90% of government tax
revenue comes from import duties and tourism-related taxes. Almost
400,000 tourists visited the islands in 1998. Fishing is a second
leading sector. The Maldivian Government began an economic reform
program in 1989 initially by lifting import quotas and opening some
exports to the private sector. Subsequently, it has liberalized
regulations to allow more foreign investment. Agriculture and
manufacturing continue to play a minor role in the economy, constrained
by the limited availability of cultivable land and the shortage of
domestic labor. Most staple foods must be imported. Industry, which
consists mainly of garment production, boat building, and handicrafts,
accounts for about 18% of GDP. Maldivian authorities worry about the
impact of erosion and possible global warming on their low-lying
country; 80% of the area is one meter or less above sea level.
Holidays Jan 1 - New Year's Day
Jan 20* - Hajj Day
Jan 21* - Eidal Alha (Feast of the Sacrifice)
Feb 10* - Islamic New Year
Apr 21 - National Day
Apr 21* - Mouloud (Birth of the Prophet)
Jul 20* - Huravee Day
Jul 26-27 - Independence Day
Sep 16* - Martyrs Day
Oct 15* - Start of Ramadan
Nov 3 - Victory Day
Nov 11-12 - Republic Day
Nov 14-16* - Kuda Eid (End of Ramadan)
Muslim festivals(*) are timed according to local sightings of various
phases of the moon and the dates given above are approximations.
Country Code: 960
Outgoing International Code: 00
CIA - The World Factbook - Republic of Maldives
website indicates a wide range of detail information about Maldives by
introducing under 8 different fields as its geography, people,
government, economy, communications, transportation, military,
is available to find out Maldives' general outlook on the issues of its
social and business profile, passport/visa, money, accommodation,
government, duty free, health and so forth.
Maldives Business Directory
creates a business directory for Maldives that makes available to
contact the Maldivian firms for potential investors seeking commercial
opportunities in Maldives.
Maldives Yellow Pages
It is available to find out category-wise listings of business in Maldives, including telephone numbers and postal address.
Business Directory - Maldives
offers business resources and services by creating cross-referenced
categories in business opportunities for Maldives as business to
business, classifieds, cooperatives, directories, organizations &
Doing Business in Maldives
supplies a brief information about business culture in Maldives in
terms of explaining specifically the business attire, greetings, social
conventions and business related to Maldives.
Maldives Online Guide
This websites offers a number of sub-categories to extend the research capacity on Maldives for investors.
Business in Maldives
makes the list of the companies, organizations, resources which assist
to the potential investors for their business networks in Maldives.
World Trade Organization(WTO) : Maldives
Trade Organization(WTO) supplies the trade policy reviews of republic
of Maldives in order to display the recent economic and business
developments realized after introducing the economic improvement
packages by WTO.
Maldives Ministry of Trade & Industry
is the official website of trade & industry ministry of Maldives
that provides a wide range of information about business climate in
Maldives with regard to foreign investments by providing business
services for potential foreign investors.
Embassy Listings For Maldives
There are listed the embassies of the republic of Maldives including the embassies' contact information.
Maldives Government Online
represents Maldives government institutions as Maldives Ministry of
Tourism Ministry of Information, Arts & Culture, Permanent Mission
to the UN FISB, Ministry of Trade, Industries & Labour, Maldives
Transport & Contracting Co., Maldives Industrial Fisheries Company
& State Trading Organisation.