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      Loan Repayments Nearly Triple as the Debt Stock Nears MVR 97 Billion

      June 16, 2026

      Tourism Revenue Climbs Even as Fewer Guests Arrive

      June 16, 2026

      Consumption Taxes Carry the Economy as Subsidies Swell

      June 16, 2026

      Spending Overtakes Revenue as the State Slips Into Deficit

      June 16, 2026

      PayPal Launches in Maldives, Opening Global Commerce for Local Entrepreneurs

      June 15, 2026
    • BUSINESS

      PayPal Launches in Maldives, Opening Global Commerce for Local Entrepreneurs

      June 15, 2026

      STO People’s Choice Opens First Floor, Expanding Home Improvement and Lifestyle Offerings

      June 14, 2026

      Visit Maldives Corporation Posts Best Revenue in Eight Years

      June 10, 2026

      Maldives Welcomes close to a million Tourists by Early June, Down 4.8%

      June 10, 2026

      New Plastics Rules Set MVR 100,000 Fines for Banned Items

      June 9, 2026
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    Home » BUSINESS » Page 116
    BUSINESS

    RTL Bus Service commence in major population zones

    August 1, 2022

    The Raajje-Transport Link (RTL); integrated public transport network initiative commences in major population zones across the Maldives. Under the RTL…

    BUSINESS

    MTCC reports profit of MVR130mn by 2022 first half

    July 31, 2022

    Maldives Transport and Contracting Company (MTCC) reported a net profit of MVR130 million for the first-half of 2022. According to…

    BUSINESS

    STO earns MVR155mn of net profit in Q2-2022

    July 30, 2022

    State Trading Organization (STO) reports earning a total revenue of MVR4.94 billion for the second quarter of 2022. STO earned…

    BUSINESS

    MTCC RTL mini-bus service expects kick-off in 3 weeks

    July 28, 2022

    The planned mini-bus service under the Raajje-Transport Link (RTL) is progressing apace for an official launch, reports the government. All…

    BUSINESS

    Maldives President announce restrictions on fuel subsidies

    July 27, 2022

    President of Maldives, Ibrahim Mohamed Solih on Tuesday, July 26, announced restrictions on fuel subsidies by the government. Subsidies are…

    BUSINESS

    Authentic Maldives disburse USD1.8mn to local businesses

    July 26, 2022

    Business Center Corporation (BCC) reveals Authentic Maldives had disbursed a total of USD1.8 million of collective revenues made by local…

    BUSINESS

    Bank of Maldives posts positive second quarter results

    July 26, 2022

    Bank of Maldives (BML) reports positive financial performance for the second quarter of 2022. The bank observed good performance in…

    BUSINESS

    Siyam World introduces world’s first water bikes

    July 25, 2022

    Siyam World expands its portfolio of water sports offerings at the top-end property, introduces the world’s first hydrofoil e-bike to…

    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)…

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    FINANCE

    Tourism Revenue Climbs Even as Fewer Guests Arrive

    June 16, 2026

    Maldives tourism tax revenue rose through early June, even though fewer travelers reached the islands.…

    Consumption Taxes Carry the Economy as Subsidies Swell

    June 16, 2026

    Spending Overtakes Revenue as the State Slips Into Deficit

    June 16, 2026
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