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    STO Posts MVR 785M Net Profit on MVR 16.7B Revenue as Resilience Outweighs Market Headwinds

    May 2, 2026

    Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

    April 29, 2026

    State Recovers MVR 800M in Outstanding Revenue

    April 29, 2026
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      STO Posts MVR 785M Net Profit on MVR 16.7B Revenue as Resilience Outweighs Market Headwinds

      May 2, 2026

      Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

      April 29, 2026

      State Recovers MVR 800M in Outstanding Revenue

      April 29, 2026

      Malé Hospitals Move to Strengthen Backup Power Capacity

      April 29, 2026

      Minister Denies Political Motive Behind Gedhoruveriyaa Housing Delays

      April 29, 2026
    • BUSINESS

      STO Posts MVR 785M Net Profit on MVR 16.7B Revenue as Resilience Outweighs Market Headwinds

      May 2, 2026

      Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

      April 29, 2026

      Malé Hospitals Move to Strengthen Backup Power Capacity

      April 29, 2026

      Dr. Ali Azwar Takes the Helm at STELCO as New Managing Director

      April 28, 2026

      Government Targets 33% Renewable Energy Shift to Cut State Spending

      April 26, 2026
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    Maldives Business TimesMaldives Business Times
    Home » BUSINESS » Page 60
    BUSINESS

    Pres-elect arranges MVR 1 B to expedite VIA project

    November 9, 2023

    The Abu Dhabi Fund for Development (ADFD) extended USD 79.8 million (MVR 1.2 billion) loan to the Maldives to accelerate…

    BUSINESS

    MIFCO seeks price reduction of fish for consumers

    November 7, 2023

    Fish per kilogram stood at MVR 25 towards to end of September 2023, and Maldives Industrial Fisheries Company (MIFCO) said…

    BUSINESS

    MMA signs IPS participation agreement with two banks

    November 6, 2023

    The Maldives Monetary Authority (MMA) has signed the Participation Agreement of the IPS – Favara with two banks. The IPS…

    BUSINESS

    Maldives CPI increased to 2.6% in Sept 2023

    November 6, 2023

    The rate of inflation, measured by the annual percentage change in the national Consumer Price Index (CPI) increased to 2.6%…

    BUSINESS

    Ooredoo Maldives offers deposit free router and a trip to Paris

    November 5, 2023

    Ooredoo Maldives has announced a new offer for SuperNet customers, granting them the chance to acquire the high-speed internet service…

    BUSINESS

    STO earns MVR 4.1 Bln revenue in Q3-2023

    November 2, 2023

    State Trading Organization (STO) reports earning a total of MVR 4.1 billion quarterly revenue in the third quarter of 2023.…

    BUSINESS

    Thilafushi Phase II reclamation initial phase concludes

    November 1, 2023

    Urbanco announced on Wednesday, November 1, the successful completion of the first phase of Thilafushi Phase II development project Urbanco…

    BUSINESS

    Onion prices skyrocket MVR 400 per sack

    October 30, 2023

    Onion prices in the Maldives market has once again surged significantly, reaching MVR 400 per sack. In the Maldivian market,…

    BUSINESS

    ACC urges Urbanco against selling Hulhumale’ plots

    October 30, 2023

    Anti-Corruption Commission (ACC) has ordered Urbanco against selling plots from Hulhumale’ during the transitional period of the Maldives government. The…

    BUSINESS

    Voyages Maldives becomes Virgin Atlantic’s supervision agent

    October 25, 2023

    Voyages Maldives has been appointed as the supervision agent for Virgin Atlantic. Virgin Atlantic, one of the leading UK airlines,…

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    BUSINESS

    Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

    April 29, 2026

    The Maldivian government has expanded subsidized fuel for fishermen to nine service locations nationwide, up…

    State Recovers MVR 800M in Outstanding Revenue

    April 29, 2026

    Malé Hospitals Move to Strengthen Backup Power Capacity

    April 29, 2026
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