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    May 3, 2026

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    May 3, 2026
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      President Muizzu Departs on Official Visit to Sri Lanka

      May 3, 2026

      MMA Sold USD 1.1B in Foreign Currency in 2025, Marking a 10% Rise

      May 3, 2026

      STO Healthcare Launches Bayer Pharmaceuticals in Maldives, Expanding Access to Global-Standard Therapies

      May 3, 2026

      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
    • BUSINESS

      MMA Sold USD 1.1B in Foreign Currency in 2025, Marking a 10% Rise

      May 3, 2026

      STO Healthcare Launches Bayer Pharmaceuticals in Maldives, Expanding Access to Global-Standard Therapies

      May 3, 2026

      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
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    Maldives Business TimesMaldives Business Times
    Home » BUSINESS » Page 119
    BUSINESS

    MACL denies Aeroflot flight suspension rumors

    June 7, 2022

    Maldives Airports Company Limited (MACL) has denied the rumors of Russian national carrier Aeroflot suspending its direct flight operations to…

    BUSINESS

    HDC to open applications for Vinares Flats in June

    June 7, 2022

    Housing Development Corporation (HDC) has announced it will be opening the applications for the Vinares housing flats. The housing flats,…

    BUSINESS

    STO introduces low-carbon cement to Maldives market

    June 6, 2022

    State Trading Organization (STO) introduces low-carbon cement; or “Green Cement” to the Maldivian construction market. The low-carbon cement is STO’s…

    BUSINESS

    STELCO to install electrical network on its housing towers

    June 5, 2022

    State Electric Company Limited (STELCO) will reportedly install electrical network on its own expense at the two housing towers in…

    BUSINESS

    ITFC extends MVR2.6bn credit facility to STO

    June 2, 2022

    The International Islamic Trade Financing Corporation (ITFC) has signed with State Trading Organization (STO) to extend a credit facility worth…

    BUSINESS

    STO announce plans to develop oil bunker in north of Maldives

    May 31, 2022

    The Managing Director of State Trading Organization (STO), Mr. Hussain Amru revealed the company’s plan to establish oil storage units…

    BUSINESS

    STO announces dividends at MVR65 per share

    May 31, 2022

    State Trading Organization (STO) on Monday evening announced that the company’s dividend payouts will be at MVR65 per share. The…

    BUSINESS

    BML declares dividend payout of MVR258mn to shareholders

    May 30, 2022

    Bank of Maldives (BML) shareholders have approved a total dividend payout of MVR258 million with MVR48 per share. The decision…

    BUSINESS

    BML reports nearly MVR700mn in tax, dividends in 2021

    May 30, 2022

    Bank of Maldives (BML) Chief Executive Officer Mr. Timothy Sawyer has confirmed that the national bank of the country has…

    BUSINESS

    Vistara announces scheduled flights to Maldives

    May 26, 2022

    India’s full-service carrier Vistara Airline announces daily schedule flights from Mumbai to Male’. The airline, a joint venture between Tata…

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    BUSINESS

    MMA Sold USD 1.1B in Foreign Currency in 2025, Marking a 10% Rise

    May 3, 2026

    The Maldives Monetary Authority (MMA) recorded MMA foreign currency sales of USD 1.1 billion (MVR…

    STO Healthcare Launches Bayer Pharmaceuticals in Maldives, Expanding Access to Global-Standard Therapies

    May 3, 2026

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

    May 2, 2026
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