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      Minister Muththalib Slams Malé City Council Over Housing Registry Stance

      May 4, 2026

      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
    • 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 76
    BUSINESS

    STO generates MVR2.76Bn gross profit in 2022, 43.8% increment

    May 8, 2023

    The State Trading Organization (STO) has reported an annual gross profit of MVR2.76 billion, which is a 43.8% increase from…

    BUSINESS

    STELCO announces ‘Avikatha’ program, opens passive income opportunity

    May 7, 2023

    The State Electric Company Limited (STELCO) has announced its ‘Avikatha’ program, granting residents an opportunity for passive income. Under the…

    BUSINESS

    Urbanco seek police support against fraud apartment sellers

    May 6, 2023

    Urbanco has sought the help of Maldives Police Service in launching an investigation of minor investors from Hanbo Company Limited,…

    BUSINESS

    Usable reserve drops to USD200Mn

    May 6, 2023

    The usable reserve of the Maldives has dropped to USD 200 million according to Maldives Monetary Authority (MMA). According to…

    BUSINESS

    30-day on-arrival visa for locals traveling to Cambodia

    May 4, 2023

    Cambodia has begun issuing 30-day on-arrival visas to Maldivians traveling to the country. The Ministry of Foreign Affairs confirmed that…

    BUSINESS

    Inflation on all food groups rose in Q1-2023

    May 4, 2023

    The rate of inflation on all food goods increased during the first three months of 2023. According to Maldives Bureau…

    BUSINESS

    STELCO responds to ungauged utility bill allegations

    May 3, 2023

    The State Electric Company (STELCO) has responded to allegations made against them with claims of utility bills issued without reading…

    BUSINESS

    ITA Airways renews Maldives flights for winter

    May 3, 2023

    ITA Airways on Friday, 28th April, revealed that it will renew winter flights to the Maldives. According to the airline,…

    BUSINESS

    STO acquires barge specific for jet fuel delivery

    May 2, 2023

    State Trading Organization (STO) has acquired a barge specifically designed to carry jet fuel. The vessel, “Laganaa” was commissioned to…

    BUSINESS

    MMA injects USD993.7Mn to domestic market in 2022

    April 30, 2023

    The Maldives Monetary Authority (MMA) injected a total of USD993.7 million to the domestic market in 2022; which is a…

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    President Muizzu Departs on Official Visit to Sri Lanka

    May 3, 2026

    President Dr. Mohamed and First Lady Sajidha Mohamed left for Colombo on Sunday afternoon on…

    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
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