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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
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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

      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

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    Home » BUSINESS » Page 119
    BUSINESS

    Strong expenditure, sluggish revenue; state requires austerity measures

    July 25, 2022

    Cumulative state expenses in annual terms reach MVR18,425.9 million (MVR18.4 billion) as of 14th July 2022. Comparing with stronger state…

    BUSINESS

    Carlyle Group looks to sell world’s largest seaplane operator

    July 25, 2022

    American multi-national private equity investors Carlyle Group is looking to sell the world’s largest seaplane operator; Trans Maldives Airways (TMA)…

    BUSINESS

    New housing initiative from STELCO, in Vilimale’

    July 24, 2022

    State Electric Company (STELCO) announces new housing initiative for its employees. The new initiative, announced by the company’s Managing Director…

    BUSINESS

    STELCO announces monthly rent on housing tower flats

    July 24, 2022

    State Electric Company (STELCO) announces the monthly rent of the apartments of its housing towers. The towers are currently apace…

    BUSINESS

    Family Room opens new outlet in Hulhumale’ Phase II

    July 24, 2022

    Family Room Coffee opens its new property in Hulhumale’ Phase II on Saturday evening, 23rd July 2022. Soft opening of…

    BUSINESS

    Customs report revenue increment by 44% in June

    July 24, 2022

    Maldives Customs Service report an increment of 44% in revenues for the month of June 2022. The authority made an…

    BUSINESS

    Wizz Air Abu Dhabi to launch flights to Maldives

    July 21, 2022

    The ultra-low-cost carrier originally from Hungary, Wizz Air, announces that its Abu Dhabi subsidiary will be expanding the flight network…

    BUSINESS

    Maldives President ratifies Int’l Trade Controls on Endangered Species Act

    July 21, 2022

    President of the Republic of Maldives Mr. Ibrahim Mohamed Solih on Wednesday, July 20, ratifies the International Trade Controls on…

    BUSINESS

    Saudi’s flagship carrier launches Maldives-Singapore flight operation

    July 20, 2022

    Saudi Arabia’s flagship carrier Saudi Airlines (SAUDIA) launches its scheduled flight operations between Maldives and Singapore, operating four days on…

    BUSINESS

    STELCO amps up portfolio with plans for 100MW powerhouse

    July 20, 2022

    State Electric Company (STELCO) is reportedly in the plan to develop a new powerhouse outlet in Greater Male’ Region with…

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    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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