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The Maldives Tourism Promotion Board was established by the government to promote quality and sustainable growth in the country's tourism industry and to foster a well utilized and financially healthy private sector industry. - in this way enabling the industry to deliver long-term economic, social and cultural benefits to the people of ...
The Maldives, [d] officially the Republic of Maldives, [e] and historically known as the Maldive Islands, is a country and archipelagic state in South Asia in the Indian Ocean. The Maldives is southwest of Sri Lanka and India , about 750 kilometres (470 miles; 400 nautical miles) from the Asian continent's mainland.
A 2010 study found that the unemployment rate in the Maldives was 25% for those between 15 and 24. Youth unemployment has become a major reason for emigration from the Maldives. [22] Maldivians often consider migrating in order to improve their access to financial resources, especially the wealth of job opportunities that exist in foreign ...
Maldives State Shipping was established in 2020 to serve all the traders in the Maldives for their imports and exports through MSS's liner services. [3] The company also creates employment opportunities for seafaring Maldivians. MSS is a wholly-owned subsidiary of STO. [6]
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.
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Filipinos in the Maldives consist mainly of expatriates and migrant workers from the Philippines. As of 2018, there were about 3,000 overseas Filipinos working in the Maldives . [ 1 ] The Philippine Embassy in Bangladesh has a jurisdiction over the Maldives.
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