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      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      State Receivables Hit MVR 14 Bil

      July 29, 2026

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      July 23, 2026

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    Home » BUSINESS » Page 124
    BUSINESS

    STELCO commences electricity installation to Phase II housing flats

    June 13, 2022

    State Electric Company Limited (STELCO) has commenced installation of electricity on the housing towers developed by the utility company in…

    BUSINESS

    State earns MVR1.28bn of revenue in May 2022

    June 12, 2022

    Maldives Inland Revenue Authority (MIRA) revealed that the state earned a total of MVR1.28 billion of revenue in May 2022.…

    BUSINESS

    Bangkok Airways to resume Maldives operations in late July

    June 12, 2022

    Bangkok Airways recently announced its plans to resume flight operations to the Maldives on 22nd July 2022. The Thailand regional…

    BUSINESS

    BML celebrates World Oceans Day

    June 9, 2022

    Bank of Maldives (BML) celebrated the World Oceans Day by collaborating with local dive schools to provide introductory Discover Dives…

    BUSINESS

    MACL denies Aeroflot flight suspension rumors

    June 7, 2022

    Maldives Airports Company Limited (MACL) has denied the rumors of Russian national carrier Aeroflot suspending its direct flight operations to…

    BUSINESS

    HDC to open applications for Vinares Flats in June

    June 7, 2022

    Housing Development Corporation (HDC) has announced it will be opening the applications for the Vinares housing flats. The housing flats,…

    BUSINESS

    STO introduces low-carbon cement to Maldives market

    June 6, 2022

    State Trading Organization (STO) introduces low-carbon cement; or “Green Cement” to the Maldivian construction market. The low-carbon cement is STO’s…

    BUSINESS

    STELCO to install electrical network on its housing towers

    June 5, 2022

    State Electric Company Limited (STELCO) will reportedly install electrical network on its own expense at the two housing towers in…

    BUSINESS

    ITFC extends MVR2.6bn credit facility to STO

    June 2, 2022

    The International Islamic Trade Financing Corporation (ITFC) has signed with State Trading Organization (STO) to extend a credit facility worth…

    BUSINESS

    STO announce plans to develop oil bunker in north of Maldives

    May 31, 2022

    The Managing Director of State Trading Organization (STO), Mr. Hussain Amru revealed the company’s plan to establish oil storage units…

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    State Receivables Hit MVR 14 Bil

    July 29, 2026

    The total amount of uncollected state revenue in taxes, rent, and fees increases reaching MVR…

    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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