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

    May 2, 2026

    Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

    April 29, 2026

    State Recovers MVR 800M in Outstanding Revenue

    April 29, 2026
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      STO Posts MVR 785M Net Profit on MVR 16.7B Revenue as Resilience Outweighs Market Headwinds

      May 2, 2026

      Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

      April 29, 2026

      State Recovers MVR 800M in Outstanding Revenue

      April 29, 2026

      Malé Hospitals Move to Strengthen Backup Power Capacity

      April 29, 2026

      Minister Denies Political Motive Behind Gedhoruveriyaa Housing Delays

      April 29, 2026
    • BUSINESS

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

      May 2, 2026

      Government Expands Subsidized Fuel Stations for Fishermen to Nine Locations

      April 29, 2026

      Malé Hospitals Move to Strengthen Backup Power Capacity

      April 29, 2026

      Dr. Ali Azwar Takes the Helm at STELCO as New Managing Director

      April 28, 2026

      Government Targets 33% Renewable Energy Shift to Cut State Spending

      April 26, 2026
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    Maldives Business TimesMaldives Business Times
    FINANCE
    FINANCE

    State expenditure reaches MVR22.6bn as of October first week

    October 14, 2021

    According to the Ministry of Finance, the cumulative total of state expenditure has reached MVR22,606.3 million (MVR22.6 billion) as of 07th October…

    FINANCE
    FINANCE

    State revenue observes 133.5% increment in September 2021

    October 13, 2021

    According to Maldives Inland Revenue Authority (MIRA) the state revenue collection hit MVR1,981.6 million (MVR1.98 billion) in September 2021. Moreover, as per…

    FINANCE
    FINANCE

    EU removes Maldives from ‘non-cooperative’ tax jurisdictions list

    October 7, 2021

    The European Union (EU) has removed the Maldives from the list of “non-cooperative” tax jurisdictions list, following significant improvements made by the…

    FINANCE
    FINANCE

    Maldives minimum wage set at MVR5,700

    October 6, 2021

    Following much deliberation and discourse, the Minimum Wage Board announced the final lowest wage that will be given to employees. As such,…

    BUSINESS
    BUSINESS

    CMDA hosts 2021 World Investor Week

    October 5, 2021

    The Capital Market Development Authority (CMDA) will carry out awareness activities during the first week of October to celebrate the ‘World Investor…

    FINANCE
    FINANCE

    State’s Covid-19 spending reaches MVR3.9bn

    October 5, 2021

    According to Ministry of Finance, the state’s spending towards Covid-19 efforts reach MVR3,895.3 million (MVR3.9 billion) as of 30th September 2021. The…

    FINANCE
    FINANCE

    Maldives national reserve increases by USD17.2mn

    October 3, 2021

    According to Maldives Monetary Authority (MMA) the national reserves of the country increased by USD17.2 million by the end of August 2021.…

    FINANCE
    FINANCE

    Maldives inflation rate declerates by 0.4% in August 2021

    October 2, 2021

    According to the latest Economic Update by Maldives Monetary Authority (MMA) the rate of inflation measured by the annual percentage change in…

    FINANCE
    FINANCE

    State’s spending on Covid-19 efforts remain relatively unchanged

    September 30, 2021

    According to the latest update by Ministry of Finance to their Weekly Covid-19 Spending Report, the government’s spending towards Covid-19 efforts remain…

    FINANCE
    FINANCE

    State expenditure reaches MVR20.7bn, deficit at MVR7.8bn

    September 30, 2021

    The cumulative total of state expenditure as of 23rd September 2021 reached MVR20,718.5 million (MVR20.7 billion), reported Ministry of Finance. Moreover, the…

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    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…

    State Recovers MVR 800M in Outstanding Revenue

    April 29, 2026

    Malé Hospitals Move to Strengthen Backup Power Capacity

    April 29, 2026
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