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Topic: Economy of Seychelles


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  Seychelles - Wikipedia, the free encyclopedia
The Seychelles became a crown colony separate from Mauritius in 1903 and independence was granted in 1976, as a republic within the Commonwealth.
Seychelles largely escaped the Asian Tsunami of December 2004 spawned by an earthquake.
Because of economic contraction (the economy declined by about 2% in 2004 and is set to decline by at least the same level in 2005) the country is moving downwards in terms of per capita income.
en.wikipedia.org /wiki/Seychelles   (1221 words)

  
 Encyclopedia: Economy of Seychelles   (Site not responding. Last check: 2007-10-21)
In 1995, Seychelles saw the privatization of the Seychelles Tuna Canning Factory, 60% of which was purchased by the American food company Heinz.
Imports of all kind are controlled by the Seychelles Marketing Board (SMB), a government parastatal which operates all the major supermarkets and is the distributor and licensor of most other imports.
The public sector, comprising the government and state-owned enterprises, dominates the economy in terms of employment and gross revenue.
www.nationmaster.com /encyclopedia/Economy-of-Seychelles   (1167 words)

  
 Economy of Seychelles -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-10-21)
Tourism is one of the most important sectors of the economy, accounting for approximately 16.6% (2000) of (Measure of the United States economy adopted in 1991; the total market values of goods and services by produced by workers and capital within the United States borders during a given period (usually 1 year)) GDP.
In 1995, Seychelles saw the (Click link for more info and facts about privatization) privatization of the Seychelles Tuna Canning Factory, 60% of which was purchased by the American food company (United States industrialist who manufactured and sold processed foods (1844-1919)) Heinz.
The public sector, comprising the government and state-owned enterprises, dominates the economy in terms of (The occupation for which you are paid) employment and gross (The entire amount of income before any deductions are made) revenue.
www.absoluteastronomy.com /encyclopedia/e/ec/economy_of_seychelles.htm   (1151 words)

  
 seychelles information site   (Site not responding. Last check: 2007-10-21)
The Republic of Seychelles (Creole: Repiblik Sesel) is an island nation in the Indian Ocean, some 1,600 km east of mainland Africa, northeast of the island of Madagascar.
The fl market value of the Seychelles rupee is half the official exchange rate; without a devaluation of the currency the tourist sector should remain sluggish as tourists seek cheaper destinations such as nearby Comoros, Mauritius, and Madagascar.
This seychelles variant index site has been developed to help wayward users find the information they are looking for, no matter how they are mistakenly spelled or mistyped.
www.mistyped.info /seychelles.htm   (793 words)

  
 Virtual Seychelles - Government   (Site not responding. Last check: 2007-10-21)
Energy is the lifeblood of any economy and Seychelles Petroleum has carried out its sole responsibility for meeting the Seychelles' oil and LPG needs without fail, for many years.
Whilst the size of the country makes local consumption seem a relatively small challenge, Seychelles Petroleum remains conscious of the need to continuously look for more cost-effective product sources so that the country is not penalised by it smallness.
Seychelles Petroleum is thus actively developing the petroleum transshipment and trading area of business, to further capitalise on its expertise and strategic location in the Indian Ocean.
www.virtualseychelles.sc /gover/para_sepec.htm   (321 words)

  
 SEYCHELLES: Economic challenges may erode development gains - OCHA IRIN   (Site not responding. Last check: 2007-10-21)
The Seychelles Fishing Authority and the IOTC are collaborating on a range of research initiatives, as both institutions are keenly aware of the need to husband fish resources.
"Seychelles is very dependent on tourists: tourism directly or indirectly contributes 10 to 15 percent of GDP, employs 17 percent of the labour force, and is responsible for two-thirds of the country's foreign exchange; fisheries provides the bulk of national income, as well as foreign exchange.
Commenting on the future development of the economy, Larose concluded that "the current administration certainly feels we need to apply a new model in terms of allowing the private sector to be the engine of growth, and switch to market-based economic principles to modernise, privatise and liberalise.
www.irinnews.org /wwdreport.asp?ReportID=45426&SelectRegion=Southern_Africa   (1733 words)

  
 SEYCHELLES   (Site not responding. Last check: 2007-10-21)
Tourism is the largest sector in the Seychelles economy and now accounts for approximately 15% of domestic economic activity, drawing 70% of the Seychelles' foreign exchange earnings.
The Seychelles is a member of the African Development Bank and the Indian Ocean Commission (which provides for regional economic co-operation).
The Seychelles' principal trading partners are the UK, Yemen (the main source of imported oil), Germany and the countries of the South African Customs Union (South Africa, Botswana, Namibia, Lesotho and Swaziland).
www.gowealthy.com /countries/SC/SEYCHELLES.htm   (370 words)

  
 Seychelles - Gurupedia
The Republic of Seychelles is an island nation in the Indian Ocean, some 1,600 km east of mainland
While Arab traders were probably the first to visit the uninhabited Seychelles, the first recorded sighting of them took place in 1505, by the
As the islands of the Seychelles had no indigenous population, the current Seychellois are composed of immigrants, mostly of French, African,
www.gurupedia.com /s/se/seychelles.htm   (653 words)

  
 1Up Travel > Seychelles > Travel & Tourism | Tourist Guide to Seychelles
Seychelles was ruled by the United Kingdom from 1814 until 1976, when it became independent.
Seychelles culture is a mixture of French and African (Creole) influences.
The Seychelles islands were captured and freed several times during the French Revolution and the Napoleonic wars, then passed officially to the British under the Treaty of Paris 1814.
www.1uptravel.com /international/africa/seychelles   (1375 words)

  
 Seychelles the Economy
A notable feature of the Seychelles economy was the high per capita GDP of US$5,900 in 1992, some fifteen times the average of sub-Saharan Africa.
The Seychelles' traditional marketings of copra and cinnamon bark had declined to an insignificant level by 1991.
Seychelles traditionally has run a large trade deficit because of the need to import nearly all manufactured and most agricultural commodities.
www.country-studies.com /seychelles/the-economy.html   (560 words)

  
 SMB on the World Wide Web   (Site not responding. Last check: 2007-10-21)
Often described as the most beautiful in the world, the 115 islands of Seychelles are spread over 1.3million square kilometres of the western Indian Ocean.
Seychelles has historically been a melting pot for settlers from Africa, Asia and Europe - with successive ethnic groups infusing a cultural and economic legacy thereby enriching the distinctive heritage of the islands.
The economy of Seychelles has similarly flourished over the years with the hitherto total dependence on imported goods slowly giving way to an energetic local manufacture base, new export opportunities and increased wealth and security for the citizens of Seychelles.
www.seychelles.net /smb   (187 words)

  
 Economy Of Seychelles   (Site not responding. Last check: 2007-10-21)
The fl market value of the Seychelles rupee is half the official exchange rate; without a devaluation of the currency the tourist sector should remain sluggish as vacationers seek cheaper destinations such as Comoros, Mauritius, and Madagascar.
If you would like to use this flag of Seychelles or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Seychelles or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/seychelles_country_economy.shtml   (529 words)

  
 Seychelles Economy
Based on per capita income, the overall performance ofÊthe economy since independence must be considered satisfactory, with a seven-fold increase from some $1,000 per capita in 1976 to $7,600 today.
The economy's growth in 2000 was thanks largely to a rebound in the tourism industry and the strength of the fishing sector.
Industrial fishing in Seychelles, notably tuna fishing, is an increasingly significant factor in the economy.
www.nationbynation.com /Seychelles/Economy.html   (842 words)

  
 Seychelles -> Land, People, Economy, and Government on Encyclopedia.com 2002   (Site not responding. Last check: 2007-10-21)
Albert Rene's legacy: President Albert Rene, the left-leaning strong man who has ruled the Indian Ocean island state of Seychelles for 27 years is about to step down.
Fantasy islands; The unspoilt beauty of the Seychelles and Mauritius are becoming ever more popular.
La route du Boeing 737 d'Air Seychelles Une tentative de détournement a été déjouée lundi à bord d'un Boeing 737 d'Air Sey.
www.encyclopedia.com /html/section/Seychell_LandPeopleEconomyandGovernment.asp   (534 words)

  
 SEYCHELLES
The Seychelles are a string of 92 small islands that lie about 1,000 miles off the east coast of Africa in the middle of the Indian Ocean.
The Seychelles population numbers about 73,000, with most living on the Seychelles economy 73,000, with most living on the main island of Malle.
The Seychelles is a signatory to the Lome TV convention benefiting form the provisions of the convention, a member state of the African Caribbean Pacific countries, and a signatory to the Multilateral Investment Guarantee Agency, which protects all investors from expropriation.
www.offshore-manual.com /taxhavens/Seychelles.html   (1654 words)

  
 Economy and Investment in the Seychelles
The Seychelles are a group of 115 islands in the centre of the Indian Ocean, about 2,000 km east of Africa and to the north of Madagascar, lying mostly between 4 and 5 degrees south of the equator.
The Seychelles environment is one of the most unspoiled in the world with many species of birds, fish and rich flora, some of which are unique.
Seychelles is a member of the Commonwealth, the UN, the OAU, and the Non-Aligned Movement, as well as a large number of other international bodies.
www.lowtax.net /lowtax/html/jsycfir.html   (1830 words)

  
 Seychelles General Information - Economy   (Site not responding. Last check: 2007-10-21)
Agriculture in Seychelles faces an uphill battle because of the lack of arable land with decent soil (only 400 hectares - about 1000 acres or 1.5 sq miles) and extreme rainfall patterns throughout the year.
Seychelles International Airport (SEZ) is 10km south of Victoria, Mahé.
The Seychelles Nation is a government controlled daily (morning) produced in English, French and Creole.
www.sey.net /gen_econ.htm   (1060 words)

  
 Banks In Seychelles   (Site not responding. Last check: 2007-10-21)
The Republic of Seychelles (say-SHELLS or say-SHELL) (Creole: Repiblik Sesel) is a nation of islands...
We had toured the three main islands of the Seychelles - Mahé, Praslin and La Digue - and, for the last few days, we were to take to the beautiful turquoise seas to experience a wholly different perspective on the islands.
Croatia's Ivan Ljubicic reserved tickets for Seychelles before he played Metz two weeks ago but he might want to change plans after a 16-match winning streak and a jump of 8 place in the top standings, meaning he could qualify for the year-end Masters Cup.
www.seychelles-press.com /archives/banks-in-seychelles.html   (414 words)

  
 MapZones.com : Seychelles Economy   (Site not responding. Last check: 2007-10-21)
Tourism, agriculture, and fishing are the principal sectors of the economy.
Arable land is limited and the soil is generally poor, but coconuts, cinnamon bark, vanilla, and essential oils are produced for export.
The fl market value of the Seychelles ruppee is half the official exchange rate; without a devaluation of the currency the tourist area should remain sluggish as vacationers seek cheaper destinations such as Comoros, Mauritius, and Madagascar.
www.mapzones.com /world/africa/seychelles/economyindex.php   (454 words)

  
 A Virtual Travel to Seychelles
Some say that the uninhabited islands of Seychelles were sighted by Vasco de Gama in 1502, however recorded landings did not occur until 1609.
Seychelles and Mauritius were given to England by the Treaty of Paris in 1814.
Languages: Official languages are Seychelles Creole (kreol seselwa), English, and French.
www.nationsonline.org /oneworld/seychelles.htm   (619 words)

  
 AllRefer.com - Seychelles - The Economy | Seychelles Information Resource
Although earnings from the tourism sector are impressive, providing about 50 percent of GDP, they are offset by the need to import large amounts of food, fuels, construction materials, and equipment, costing some 70 percent of tourism income.
Gross tourism foreign exchange earnings in 1993 were SRe607 million (for value of the Seychelles rupee--see Glossary).
Moreover, the possibilities for expanding tourism are limited, and it is vulnerable to unpredictable shifts in demand, as occurred in 1991 when the Persian Gulf War contributed to a sharp decline from 103,900 tourists in 1990 to 90,000 in 1991.
reference.allrefer.com /country-guide-study/seychelles/seychelles25.html   (691 words)

  
 Seychelles Africa   (Site not responding. Last check: 2007-10-21)
CIA World Factbook - Seychelles - Information on the nation, its people and government, economy, and international relations.
Seychelles - A Country Study - Overview of Seychelles history, geography, economy, and politics by the US Library of Congress..
Southern African Development Community: Seychelles - Includes analysis and reports of resources, economy, finance, investment, agriculture, health, industry and infrastructure.
www.24up.org /Regional/Africa/Seychelles   (85 words)

  
 Economy and Government - Seychelles - Africa
The unit of currency is the Seychelles rupee (5.71 rupees equal U.S.$1; 2000 average).
Under the 1993 constitution, executive power is held by a president, who is popularly elected to a five-year term.
The Seychelles People’s Progressive Front (SPPF) is the leading political group; opposition parties were legalized in 1991.
www.countriesquest.com /africa/seychelles/economy_and_government.htm   (181 words)

  
 Economy of Seychelles : Economy of the Seychelles   (Site not responding. Last check: 2007-10-21)
Current city Street: Economy of Seychelles : Economy of the Seychelles <
In 1995, Seychelles saw the privatization of the Seychelles Tuna Canning Factory[?], 60% of which was purchased by the American food company Heinz Inc. Similarly, some port operations have been privatized, a trend that has been accompanied by a fall in transshipment fees and an increase in efficiency.
Not a happy.html">happy nor a pretty one just then, involuntarily the frown smoothed itself out, the eyes lost their elbows on the bureau, she shook her head.html">head at herself, saying, half what you want.
www.city-search.org /ec/economy-of-the-seychelles.html   (1309 words)

  
 Seychelles
Seychelles remains the richest country in Africa in terms of GDP per capita.
Virtual Seychelles (http://www.virtualseychelles.sc/) official portal of the Republic of Seychelles
Library of Congress Country Study - Seychelles (http://lcweb2.loc.gov/frd/cs/setoc.html) data as of August 1994
www.tuxedo-shop.com /search.php?title=Seychelles   (873 words)

  
 Seychelles - Economy
The fl market value of the Seychelles rupee is half the official exchange rate; without a devaluation of the currency the tourist sector may remain sluggish as vacationers seek cheaper destinations such as Comoros, Mauritius, and Madagascar.
Seychelles rupees per US dollar - 5.5 (2004), 5.4007 (2003), 5.48 (2002), 5.8575 (2001), 5.7138 (2000)
This page was last updated on 26 October, 2005
www.exxun.com /Seychelles/e_ec.html   (579 words)

  
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SEYCHELLES: Economic challenges may erode development gains
The whole world is moving in one direction, therefore we need to follow the trend, and it's the only way to resolve some of our problems and create economic growth that will sustain our development."
Inter-island summit to strengthen ties and economies, 21/Jul/05
www.irinnews.org /report.asp?ReportID=45426   (1758 words)

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