Maldives

Navigating the storm: The Maldives’ economic crisis and its implications

The crisis unfolds The Maldivian economy, comprised of nearly 1,200 islands, has long struggled with structural weaknesses. Reliant primarily on tourism, imports, and taxes, its economic base lacks diversification. Successive governments have leaned heavily on mega-infrastructure projects and social welfare schemes to garner political support, which, coupled with the global disruptions of COVID-19 and the […]

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A Comprehensive Guide on the Components of a RIUNIT Report

When venturing into new markets or evaluating the potential of a project, intelligence and detailed research are pivotal. A Research Intelligence Unit (RIUNIT) report is a specialized tool that provides a comprehensive analysis across various domains to help companies make informed strategic decisions. Here, we break down the components of a RIUNIT report, explaining its

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Tourism Insight: Sri Lanka 2024

Tourism stands as a cornerstone of Sri Lanka’s economy, making a substantial contribution. The growth trajectory of Sri Lanka’s tourism sector has been marked by periods of consistent expansion, significant disruptions, and subsequent recoveries. This sector has encountered a series of formidable challenges over the past four years. These challenges commenced with the Easter attack

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The Real Estate Sector

Land availability and real estate values are inseparably intertwined. Island cities like Male, Hong Kong, and Singapore, where land is scarce, have rarely witnessed a decline in real estate market prices even during the most difficult of times. The Maldives stands at 209 out of 257 countries in the index of cross-country land area comparisons

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Tourism in Maldives

The Republic of the Maldives in the Indian Ocean made up of more than 1,000 coral islands, is blessed with a spectacular geography which has resulted in its evolution as a paradise for tourism. The country is at an advantage in terms of attracting visitors primarily due to the sun, sea, and sand. Since the

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Macroeconomy and Investment Environment in the Maldives

In keeping with the recent history of the country, tourism and tourism-related economic activity have accounted for the greater contribution towards the islands’ economic performance. Economic growth continues to maintain a tight correlation with tourism growth. The complete recovery of this industry, led by arrivals from India, Russia, the UK, and Europe, respectively, is set

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Construction in Maldives

The construction sector in the Maldives has been a significant contributor to the country’s economy and development. This sector plays a crucial role in developing infrastructure, resorts, residential properties, and other facilities to support tourism as well as the local population. The development of Hulhumale itself has spurred the growth of the construction sector from

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