South Asian Business news and information

"Three-quarters of our 1,200 islands lie no higher than four feet above mean sea-level. The projected rise in sea-levels by the end of this century could mean that our islands may become uninhabitable at that time." "All these effects compound our concern as our narrow-based economy is dependent on fisheries and tourism. Both sectors face a real danger of collapse if current trends continue during the coming decades." Tourism is the lynchpin of the Maldives' $700 million economy.