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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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    Home » BUSINESS » Page 121
    BUSINESS

    STO posts MVR1.91bn in gross profit for 2021

    May 16, 2022

    State Trading Organization (STO) has reported an annual gross profit of MVR1,917 million (MVR1.9 billion) for the fiscal year of…

    BUSINESS

    Zakat-Al-Mal collections increase by 65%

    May 14, 2022

    Maldives Inland Revenue Authority (MIRA) reports a 65% increment in the national collection of Zakat-Al-Mal. According to the authority, it…

    BUSINESS

    Russia’s flagship carrier Aeroflot recommences Maldives operations

    May 14, 2022

    Russian flagship carrier, Aeroflot has recommenced its direct flight operations to the Maldives, with first landing in two months on…

    BUSINESS

    STO signs with Afcons to supply cement for Thilamale’ bridge project

    May 12, 2022

    State Trading Organization (STO) has signed an agreement with Afcons Infrastructure Limited, to supply the cement required for the development…

    BUSINESS

    BML’s community fund aids BBQ area development in Kaashidhoo

    May 9, 2022

    Bank of Maldives (BML) announces on the successful completion of a new barbeque area in Kaafu atoll Kaashidhoo under the…

    BUSINESS

    STELCO reveals prospective solar power initiative

    May 9, 2022

    The Managing Director of State Electric Company Limited (STELCO) Mr. Ahmed Shareef revealed the corporation’s latest plans for a new…

    BUSINESS

    STELCO focuses on waiving off overdue fines

    May 8, 2022

    State Electric Company Limited (STELCO) Managing Director Mr. Ahmed Shareef, last week made strong emphasis on a new effort to…

    BUSINESS

    Ooredoo Maldives launches special offer for Eid

    May 4, 2022

    Ooredoo Maldives announced a special offer on the occasion of Muslim festive period of Eid-Al-Fitr. The telecommunication provider announced that…

    BUSINESS

    MTCC commences RTL high-speed ferry service in H.Dh. Atoll

    May 4, 2022

    Maldives Transport and Contracting Company (MTCC) commences its very first round of “Raajje Transport Link”, in Haa Dhaal atoll. The…

    BUSINESS

    BML posts MVR554mn as profit-after tax for Q1-2022

    May 1, 2022

    Bank of Maldives (BML) reports significant financial improvements for the first quarter of 2022. As per the national bank of…

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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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