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The Ministry of Economic Development of the Republic of Maldives (Dhivehi: މިނިސްޓްރީ އޮފް އިކޮނަމިކް ޑިވެލޮޕްމަންޓް އެންޑް ޓްރޭޑް) is a government ministry in the Maldives It is the regulator of trade and provides business registration services to the country.
7.43. The Maldives has experienced relatively low inflation throughout the recent years. Real GDP growth averaged about 10% in the 1980s. It expanded by an exceptional 16.2% in 1990, declined to 4% in 1993, and, over the 1995–2004 decade, real GDP growth averaged just over 7.5% per year.
The Villa Group is one of the largest business entities in the Maldives.The holding company Villa Shipping and Trading Company Pvt. Ltd is a private conglomerate which is amongst the largest private business in the Maldives with major operations in Shipping, Import and Export, General Trade and Tourism, fishing, media, communication, transport and education related Businesses.
Website. port.mv. Maldives Ports Limited is a state corporation of the Maldives, created to be the sole port authority of the ports of the Maldives. It is 100% owned by the government of Maldives and is located in Malé, the principal port, major city and capital of the archipelago nation in the Indian Ocean . The Port of Malé comprises an ...
4 January 2013. Until 2008 trade unions were not allowed in the Maldives, however with the passing of the Employment Act (2008) and the ratification of a new constitution, trade union rights (including the right to strike) were formalised. The changes in the legal structure were the result of the labour movements involvement in the democratic ...
Maldives State Shipping. Website. sto.mv. The State Trading Organization Plc ( MSE :STO [1]) or STO is a public company with 81.63% of the shares owned by the Maldivian Government with the rest 18.37% being held by the public after the IPO a couple of years ago. The company is controlled by a board of directors headed by a Chairman .
The Maldives established diplomatic relations with the United States on 10 November 1965 and the two nations maintain friendly relations. The U.S. ambassador to Sri Lanka, based in the U.S. embassy in Colombo, is also cross-accredited to the Maldives, and the ambassador and embassy staff make periodic visits.
The Maldives is the smallest country in Asia. Including the sea, the territory spans roughly 90,000 square kilometres (35,000 sq mi), and a land area of 298 square kilometres (115 sq mi). The Maldives is one of the world's most geographically dispersed sovereign states, and the smallest Muslim-majority country by land area.