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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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    Home » BUSINESS » Page 3
    BUSINESS

    MIRA Names 48 Taxpayers Over Income Tax Filing Failures

    April 14, 2026

    The Maldives Inland Revenue Authority (MIRA) has published the names of 48 taxpayers who failed to file their Income Tax…

    BUSINESS

    Maldives Customs Collects MVR 351 Million in March Trade Revenue

    April 14, 2026

    The Maldives Customs Service collected MVR 351 million in state revenue from import and export activities in March. The figure…

    BUSINESS

    BML Slashes Equity Requirements to 5% for Home Construction Loans

    April 8, 2026

    Bank of Maldives (BML) has shaken up its BML home construction financing scheme. Specifically, the bank now requires just 5%…

    BUSINESS

    MIFCO Announces New Cost Cutting Measure: Slices Work Hours

    April 5, 2026

    The Maldives Industrial Fisheries Company (MIFCO) shortened official staff hours today as part of a new cost-cutting strategy. The state-owned…

    BUSINESS

    BML Confirms Strong NOP and liquidity positions as it Sets the Record Straight

    April 2, 2026

    Bank of Maldives (BML) released a public statement this week to address market confusion surrounding two key financial metrics: its…

    BUSINESS

    India renews essential commodity quota for Maldives at record-high volumes

    April 2, 2026

    India has renewed its special commodity quota for the Maldives following a direct request from the Maldivian government, the High…

    BUSINESS

    MACL Moves Into Duty-Free Retail at Gan Airport, Eyes Tourism Growth in Southern Maldives

    April 2, 2026

    Maldives Airports Company Limited (MACL) has kicked off plans to launch a premium duty-free business at the new terminal of…

    BUSINESS

    MIFCO Opens Hulhumeedhoo Fish Processing Facility, Boosts Addu Fisheries Value Chain

    March 31, 2026

    MIFCO today opened its new fish processing facility in Hulhumeedhoo, marking a fresh push to expand value-added fish production in…

    BUSINESS

    Qatar Airways to Resume Maldives Flights on April 8, Strengthening Global Travel Connectivity

    March 31, 2026

    Qatar Airways will resume scheduled flights to the Maldives on April 8, according to Visit Maldives. The airline plans to…

    BUSINESS

    BML Declares Record MVR 322 Million Dividend at Annual General Meeting

    March 29, 2026

    Bank of Maldives (BML) has approved the largest dividend payout in its history. At last night’s Annual General Meeting, shareholders…

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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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