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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 129
    BUSINESS

    STO generates net-profit of MVR131mn for Q4-2021

    February 2, 2022

    State Trading Organization (STO) reports a profit after tax of MVR131 million for the final quarter of 2021. Moreover, the…

    BUSINESS

    Ooredoo service interruptions over int’l ISP partner issues

    February 1, 2022

    Ooredoo Maldives, the second major telecommunication provider in the island nation, on Tuesday, 01st February 2022 confirmed that customers will…

    BUSINESS

    Maldives govt. collect MVR4.28bn for the final quarter of 2021

    January 31, 2022

    According to the latest updates from Maldives Inland Revenue Authority (MIRA) the state government collected a revenue total of MVR4.28…

    BUSINESS

    MPL contracts multiple port-development projects to MTCC

    January 27, 2022

    Maldives Ports Limited (MPL) has contracted multiple port developments projects to Maldives Transport and Contracting Company (MTCC) on Thursday, 27th…

    BUSINESS

    New generator acquistion to Maalhos increases power-output capacity

    January 25, 2022

    The latest generator acquisition to Alif Alif atoll Maalhos, provided by State Electric Company Limited (STELCO) increases overall power-output capacity.…

    BUSINESS

    State Trading Organization revises fuel prices

    January 25, 2022

    State Trading Organization (STO) confirms on their latest revision of fuel prices in the Maldivian market. According to the largest…

    BUSINESS

    Maldivian signs with ATR to increase fleet capacity

    January 18, 2022

    The national airline of the island nation, Maldivian has signed with France’s ATR to acquire three new of the brand’s…

    BUSINESS

    IOTC sets permitted yellow-fin tuna catch limit to 47.1-ton for 2022

    January 18, 2022

    The Indian Ocean Tuna Commission (IOTC) has confirmed on setting the permitted catch limit of yellow-fin tuna from the Indian…

    BUSINESS

    STELCO commences water supplying in Kaafu atoll Gaafaru

    January 17, 2022

    State Electric Company Limited (STELCO) has commenced supplying water for the general use of the island’s residences. According to the…

    BUSINESS

    MTCC signs with MNPHI for a new connectivity project

    January 13, 2022

    Maldives Transport and Contracting Company (MTCC) has signed on an agreement with the Ministry of National Planning, Housing and Infrastructure…

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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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