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The Maldives is a chain of 1190 small coral islands, grouped into 26 atolls. Fishing has long been the life blood of the Maldivian economy. [5] Today it still employs half the Maldivian workforce. Formerly, Maldives shipped 90 percent of its fishing catch of tuna in dried form to Sri Lanka. [6]
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 ...
Tourism is the largest industry in the Maldives, accounting for 28% of GDP and more than 60% of the Maldives' foreign ... Fishing is the second leading sector in the ...
In 1977, the Government of Maldives, with a Japanese investment set up a cannery at Lh. Felivaru, adding commercial value to the daily catch. This began the first industrial scale value addition process in the Maldives fishing industry. To this day, canned tuna is popularly known as Felivaru Masdhalhu. [1]
The Maldives government says it has asked for clarification of why Indian coast guard personnel boarded three Maldivian fishing vessels operating within its economic zone earlier this week without ...
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Fishing has historically been the dominant economic activity, and remains the largest sector by far, followed by the rapidly growing tourism industry. The Maldives rates "high" on the Human Development Index, [17] with per capita income significantly higher than other SAARC nations. [18]
Felivaru Fisheries Maldives (FFM) is a company owned by the government of Maldives. It produces canned tuna and cooked fish for local and export markets. [1] FFM catches tuna off the coast of the Maldives using the pole and line method. [1] This method is certified as "dolphin friendly" by the Earth Island Institute.