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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
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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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    BUSINESS

    Women Entrepreneurs Loan Support Tops USD 2M

    May 5, 2026

    SME Digital said women entrepreneurs loan support crossed USD 2 million between November 17, 2023 and April 15, 2026. The…

    BUSINESS

    Maldives Islamic Bank Profit Climbs to USD 7.36M in Q1-2026

    May 5, 2026

    Maldives Islamic Bank (MIB) posted a net profit of USD 7.36 million in the first quarter, up USD 1.18 million…

    Awards

    MMA Launches Maldives Financial Sector Award to Honour Industry Excellence

    May 5, 2026

    The Maldives Monetary Authority (MMA) has unveiled the inaugural Maldives Financial Sector Award, a new recognition platform designed to honour…

    BUSINESS

    Maldives Financial Expo 2026 Returns in June with Industry-Wide Showcase

    May 5, 2026

    The Maldives Monetary Authority (MMA) has confirmed that the Maldives Financial Expo 2026 will return from June 2 to 4…

    BUSINESS

    MIFCO April Tuna Payments Hit MVR 78M as Skipjack Drives Strong Month

    May 4, 2026

    The Maldives Industrial Fisheries Company (MIFCO) has paid out MVR 78 million to local fishermen during April, marking another strong…

    BUSINESS

    MMA Sold USD 1.1B in Foreign Currency in 2025, Marking a 10% Rise

    May 3, 2026

    The Maldives Monetary Authority (MMA) recorded MMA foreign currency sales of USD 1.1 billion (MVR 17 billion) in 2025. This…

    BUSINESS

    STO Healthcare Launches Bayer Pharmaceuticals in Maldives, Expanding Access to Global-Standard Therapies

    May 3, 2026

    STO Healthcare officially introduced Bayer pharmaceuticals in Maldives at a dedicated launch ceremony held at Hotel Jen, Malé. The event…

    BUSINESS

    STO Posts MVR 785M Net Profit on MVR 16.7B Revenue as Resilience Outweighs Market Headwinds

    May 2, 2026

    The Maldives’ largest state-owned enterprise (SEO) grows bottom-line profit for the first time in two years, as share price surges…

    BUSINESS

    Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

    April 29, 2026

    The Maldivian government has expanded subsidized fuel for fishermen to nine service locations nationwide, up from just four. This move…

    BUSINESS

    Malé Hospitals Move to Strengthen Backup Power Capacity

    April 29, 2026

    Malé City Group of Hospitals has launched a strategic push to expand backup power capacity across its facilities. CEO Ibrahim…

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    Awards

    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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