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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 28, 2026

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    Home » BUSINESS » Page 126
    BUSINESS

    Expenditure hit MVR12.3bn, deficit at MVR2.03bn

    May 18, 2022

    According to the latest update from Ministry of Finance the cumulative total of state expenditures as of 12th May 2022…

    BUSINESS

    STELCO announce plan for large-scale water manufacturing

    May 17, 2022

    The Managing Director of State Electric Company Limited (STELCO), Mr. Ahmed Shareef has disclosed the corporation’s plan to manufacture bottled…

    BUSINESS

    Planning Minister assures Addu land reclamation to follow schedule

    May 17, 2022

    The Minister of National Planning, Housing and Infrastructure Mr. Mohamed Aslam has affirmed that the planned land reclamation project at…

    BUSINESS

    MTCC to develop Access Improvement Platforms in multiple islands

    May 17, 2022

    Maldives Transport and Contracting Company (MTCC) has been contracted to implement access improvement platforms at six islands in zone 1…

    BUSINESS

    STO posts MVR1.91bn in gross profit for 2021

    May 16, 2022

    State Trading Organization (STO) has reported an annual gross profit of MVR1,917 million (MVR1.9 billion) for the fiscal year of…

    BUSINESS

    Zakat-Al-Mal collections increase by 65%

    May 14, 2022

    Maldives Inland Revenue Authority (MIRA) reports a 65% increment in the national collection of Zakat-Al-Mal. According to the authority, it…

    BUSINESS

    Russia’s flagship carrier Aeroflot recommences Maldives operations

    May 14, 2022

    Russian flagship carrier, Aeroflot has recommenced its direct flight operations to the Maldives, with first landing in two months on…

    BUSINESS

    STO signs with Afcons to supply cement for Thilamale’ bridge project

    May 12, 2022

    State Trading Organization (STO) has signed an agreement with Afcons Infrastructure Limited, to supply the cement required for the development…

    BUSINESS

    BML’s community fund aids BBQ area development in Kaashidhoo

    May 9, 2022

    Bank of Maldives (BML) announces on the successful completion of a new barbeque area in Kaafu atoll Kaashidhoo under the…

    BUSINESS

    STELCO reveals prospective solar power initiative

    May 9, 2022

    The Managing Director of State Electric Company Limited (STELCO) Mr. Ahmed Shareef revealed the corporation’s latest plans for a new…

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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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