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      President Muizzu Hosts Luncheon for Visiting Palestinian U-17 Football Team

      November 19, 2025

      First Lady Meets JICA Volunteers at Mulee’aage

      November 19, 2025

      President Muizzu: Government Clears USD 28.8 Million in Unpaid Bills from Previous Administration

      November 16, 2025

      Cabinet Approves Administrative Measures to Hold Addu City Jurisdiction Referendum

      October 6, 2025

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      October 6, 2025
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      STO Reports MVR 163 Million Net Profit in Q2 2025 Amid Lower Revenue and Fuel Market Adjustments

      July 31, 2025

      The Era of the Gig Economy: Powering a Flexible, Independent Workforce

      July 27, 2025

      President Muizzu Meets Saudi Fund for Development CEO to Discuss Future Cooperation

      July 26, 2025

      India-Maldives Free Trade Agreement Talks Begin, Marking a Historic Step in Bilateral Economic Relations

      July 26, 2025

      Bank of Maldives to Launch Indian Rupee Accounts Amid Strengthening Bilateral Financial Ties

      July 26, 2025
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    Home » BUSINESS » Page 103
    BUSINESS

    State expenditure hit MVR20.07bn, deficit at MVR5.3bn

    August 1, 2022

    Cumulative total of state expenditure as of 21st July reaches MVR20,070.7 million (MVR20.07 billion), while cumulative total of state revenues…

    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…

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    First Lady Meets JICA Volunteers at Mulee’aage

    November 19, 2025

    First Lady Sajidha Mohamed met with volunteers from the Japan International Cooperation Agency’s (JICA) Japan…

    President Muizzu: Government Clears USD 28.8 Million in Unpaid Bills from Previous Administration

    November 16, 2025

    Cabinet Approves Administrative Measures to Hold Addu City Jurisdiction Referendum

    October 6, 2025
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