Business activity increased in first quarter
11 May 2015, 4:30 PM
Business activity in the tourism, construction, wholesale, and retail sectors increased during the first quarter of 2015, according to a regular survey by the central bank.
The Maldives Monetary Authority’s (MMA) conducted its quarterly business survey from March 25 to April 7 with respondents from 77 enterprises.
“Looking ahead, business in all sectors except for the tourism sector, are predicting further improvements in business activity in Q2-2015 when compared to Q1-2015,” the report states.
“With regard to the current level of employment, businesses across all sectors indicated an increase in Q1-2015 compared to Q4-2014.”
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