Maldives Business


Maldives is a fast developing country. The government of Maldives is taking major steps to put the country on the path of economic growth and development. Maldives business activities have played a major role in the economic development of the country.

Most of the people of the country have an import and export business. Maldives imports practically everything, and hence business opportunities in the country are high over here. The country imports more or less everything, which includes petroleum products, shipping goods, textiles, capital goods and food items.

The country exports seafood and clothing. Sine trading is a major activity of the country; Maldives has trade relations with a large number of countries, which include Germany, India, Japan, Bahrain, Singapore, Malaysia, Thailand, United Arab Emirates, United Kingdom and the United States of America.

Tourism is a major industry of the country. One can find numerous resorts and hotels in the country where tourists come for a holiday throughout the year. Tourism is major source of foreign exchange for the country. Fisheries are also a major industry of the country. Fishing is the occupation of most of the people of the country. The government has taken a number of steps to develop this sector. Other industries that one can find in Maldives include printing, brick making, garment manufacturing, marine engine repairs, and manufacture of PVC pipes.

Male is the main center for all business activities of the country. There are certain business etiquettes that one needs to follow in Maldives. Most of the business activity takes place in the morning. One has to make prior appointment with person with whom one wants to meet. The meeting atmosphere is generally informal. One must be well dressed when going for such business meetings. Men are supposed to wear shirts and trousers while women are expected to wear lightweight suits. Handshaking is the most common form of greeting a person in these meetings.

Maldives business activities have experienced a spurt due to the economic reforms and new policies introduced by the government.