Insights from Business Leaders
Insights from Business Leaders
Abdulla Iswan, CEO
With an ostensible similarity with heaven as one can dare to envision, Maldives is known for its picturesque landscape, and marvelous beaches. As one of the premium holiday destinations, Maldives has not only been able to carve its eminence across the hearts of tourists and travelers but also enchanted them to visit again and again. Anyone who has been to this beautiful seashore vouch for the fact that a holiday in Maldives ensures a trip of a lifetime filled with surprises and excitement. But being such a famous tourist destination also means that finding a luxurious abode that suits your mind and its desires can be a tricky affair, while it being a significant part of the memories you create. Abdulla Iswan CEO, Zeldiva Luxury and taken huge leap forward to help tourists avail and create some of their best memories through his unique initiative Zeldiva Luxury, which presents customers with a hand-picked collections of luxurious resorts enabling interesting search filters and after inspecting all aspects starting from quality to new developments, and refurbishments.
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Top 10 Leaders in Maldives - 2022
Maldives, the island lying Southwest to Arabian Sea, is ranked 31st among 40 countries in the Asia Pacific region. The overall score of the country is below the regional and world averages. With an economic freedom score of 55.2, it is the 136th freest country in the 2021 index. Maldives has a population of around 540,000 people dispersed across 185 islands. The country has high literacy with the literacy rate approaching cent percent and a life expectancy of over 78 years. Only 3.6 percent of the population is living below the poverty line in Maldives.
The key contributors to the economy is tourism and fishing. The tourism sector accounts to 28 percent of the total GDP of Maldives and 60 percent of the foreign exchange receipts. 90 percent of government tax revenue is from input duties and tourism related taxes. Other than tourism, fishing is the next leading sector. Agriculture and manufacturing adds limited contributions to economy. Most of the staple foods are imported to the country. The limited availability of cultivated land is one of the major reasons for low agricultural production.
Garment production, boatbuilding and handicrafts are the major industries in Maldives which contribute to about 18 percent of GDP. Starting business in Maldives is relatively expensive. New foreign investment code still excludes several sectors from foreign participation. Although the rules for trade and investment have been liberalized, the Maldivian business community is small and close knit, so new market entrants may find it difficult to make contacts. Other than hotel brands operating in Maldives, there is only limited foreign investment in the country.
CEO Insights Asia in this issue presents a list of `Top 10 Leaders in Maldives - 2022' that have leveraged their extensive industry expertise and experience in bringing innovative solutions. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and CEO Insights editorial board. We recognize their valuable contribution to the ever expanding & competitive market and their ability to sustain themselves and emerge as top contestants through their reliable products and services.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 Leaders in Maldives - 2022" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
 |
Abdulla Iswan,CEO | Zeldiva Luxury | Abdulla’s knowledge and proficiency in the IT domain helped him to create a unique brand in the form of Zeldiva Luxury |
 |
Ahmed Athif,Manager of Manufacturi | Island Beverages Maldives Male | Renowned for skills of world-class quality in Manufacturing, Bottling Operations, Production Management and Schedule Maintenance |
 |
Ali Manik,MD | TEP Construction | A veteran in the field of construction with an impeccable 20+ years of success in civil construction, real estate, hardware wholesale and retail |
 |
Hasan Simhan,Shareholder | Antifire Maldives | A world renowned leader in Surveying & Designing, Fire Extinguisher, Fire Fighting Systems, Fire Alarm System, Kitchen Hood System, Lightning Protection, Automatic LPG Gas Detection and much more |
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Ibrahim Nashid,Chairman | Renewable Energy Maldives | An excellent leader in the renewable energy industry with topnotch skills in project management and energy solutions |
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Mohamed Azaad,Director | Spedicon Logistics | A topnotch leader in supply chain services with excellent achievements in multi modal transportation |
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Neeraj Seth, Cluster Director of Marketing Communications & Public Relations | Kandima Maldives | A global marketing pioneer and leader with 19+ years of diversified experience of developing brand campaigns & celebrity endorsements and implementing marketing strategies in more than 60 countries across multiple continents |
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Sathes Ramachandran,CEO | Pesterminators | Recognizing his close to a decade of experience in Pest Management, he was awarded as the Asia's outstanding leader of the year in 2020/2021 |
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Umar Naseer, CEO | Whale Submarine | Providing an exceptional opportunity especially for the non-divers to visit the mysterious depths of the ocean and explore the underwater world via his brainchild Whale Submarine |
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Yusuf Shunan,Founder & CEO | UtotoAI | A leading digital business analyst with more than 20 years of experience in senior positions for leading companies |
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