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    STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

    July 29, 2026

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    July 29, 2026

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    July 29, 2026
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      STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

      July 29, 2026

      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      State Receivables Hit MVR 14 Bil

      July 29, 2026

      Maldives President Nominates Ambassador Thoriq as IRENA’s Permanent Representative

      July 28, 2026

      Govt. Allocates MVR 2.5 Bil for Next Year’s Council Block Grant

      July 28, 2026
    • BUSINESS

      STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

      July 29, 2026

      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      Maldivian Becomes First Local Carrier Operating Twin Otter Classic 300-G

      July 23, 2026

      BML’s Aaya Update Enhances Mobile App and Internet Banking Convenience

      July 22, 2026

      BML to Transform Core Banking with Finastra

      July 21, 2026
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    Home » BUSINESS » Page 92
    BUSINESS

    Hithadhoo Port suffers more than MVR80mn loss over 11 years

    February 20, 2023

    Hithadhoo Port Limited (HPL) lost MVR85 million by 2020, a recent audit report has revealed. According to the financial audit…

    BUSINESS

    IAS announces pay revision and loan scheme for employees

    February 20, 2023

    Island Aviation Services (IAS) has announced that it will increase the basic pay of its employees. The news was confirmed…

    BUSINESS

    STELCO hosts customer service training program

    February 19, 2023

    State Electric Company (STELCO) hosted a customer service training program last week targeting its staff in Alif Dhaal atoll. The…

    BUSINESS

    Maldives government announces Income Tax exempt list

    February 18, 2023

    The Ministry of Finance announced a list of companies exempt from paying income taxes. The companies, all Indian-based, are contractors…

    BUSINESS

    Sonee Fishing’s “KANDUFOARI” to kick off on Saturday, Feb 18

    February 18, 2023

    Sonee Fishing’s “KANDUFOARI” fishing race kicks off on Saturday, 18th February 2023 with a total of 106 participants from across…

    BUSINESS

    MWSC to establish renewable energy water manufacturing system

    February 18, 2023

    Male’ Water and Sewerage Company (MWSC) has partnered with Hitachi Zosen Corporation and Renewable Energy Maldives to establish a renewable…

    BUSINESS

    STO introduces new Hitachi products

    February 18, 2023

    State Trading Organization (STO) has introduced new products popular home appliances manufacturer Hitachi in the Maldivian market. The new products…

    BUSINESS

    HDC to allocate plots from Hulhumale’ to scrap dealers

    February 16, 2023

    Housing Development Corporation (HDC) announced it will allocate plots from Hulhumale’ for scrap dealers. HDC said that its decision to…

    BUSINESS

    STELCO’s CSR efforts takes them to Himmafushi beach cleaning

    February 14, 2023

    State Electric Company (STELCO) has collaborated with the council of K. Himmafushi in cleaning the island’s beach. STELCO confirmed that…

    BUSINESS

    STO to develop a shopping mall at Hulhumale’ Phase II

    February 14, 2023

    State Trading Organization (STO) is gearing up to develop a shopping mall at Hulhumale’ Phase II according to its Managing…

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    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026

    Applications are now open for the inaugural edition of the “MIB Guesthouse Awards 2026”. According…

    State Receivables Hit MVR 14 Bil

    July 29, 2026

    Maldives President Nominates Ambassador Thoriq as IRENA’s Permanent Representative

    July 28, 2026
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