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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
    BUSINESS
    BUSINESS

    BML introduces international money transfer through Mobile App

    September 27, 2021

    Bank of Maldives (BML) has reportedly introduced international money transfer services through their Mobile Banking Application. Furthermore, the national bank of the…

    BUSINESS
    BUSINESS

    HDC loan portfolio reaches USD776mn

    September 25, 2021

    According to Housing Development Corporation (HDC), the company currently has an outstanding loan portfolio of USD776 million. Moreover, this was confirmed by…

    FINANCE
    FINANCE

    BML introduces new service; Islamic Home Improvement Financing

    September 23, 2021

    The Bank of Maldives (BML) introduces Islamic Home Improvement Financing services aimed to individuals requiring financial assistance in completing apartments awarded through…

    FINANCE
    FINANCE

    State expenditure cross over MVR20.2bn, deficit at MVR7.7bn

    September 22, 2021

    The cumulative total of state expenditure has reached MVR20,219.4 million (MVR20.2 billion) as of 16th September, reports Ministry of Finance. Moreover, the…

    FINANCE
    FINANCE

    State spend MVR3.88bn on Covid-19 related efforts

    September 21, 2021

    Ministry of Finance confirms that the government of Maldives has spent MVR3,882.1 million (MVR3.88 billion) on Covid-19 related efforts so far. Moreover,…

    FINANCE
    FINANCE

    Maldives government to sell Treasury Bills once again

    September 20, 2021

    Ministry of Finance has revealed on commencing another round of Treasury Bill (T-Bill) sale in order to adjust state expenses. Moreover, the…

    FINANCE
    FINANCE

    Maldives government expect full economic recovery by 2023

    September 18, 2021

    Maldives government is hopeful to bounce back from the economical downfall and make full economic recovery by 2023. As per the Ministry…

    FINANCE
    FINANCE

    State expenditure hit MVR19.3bn, deficit increases to MVR7.1bn

    September 16, 2021

    The cumulative total of state expenditure has reached MVR19,326.7 million (MVR19.3 billion) as of 09th September 2021, according to Ministry of Finance.…

    FINANCE
    FINANCE

    Ministry of Finance announce a state budget of MVR37bn for 2022

    September 15, 2021

    The Maldives Ministry of Finance reveals that the planned state budget for the upcoming 2022 has been fixed at MVR37 billion. Moreover,…

    FINANCE
    FINANCE

    HDFC opens Sukuk sale window for fourth time

    September 14, 2021

    Housing Development Finance Corporation (HDFC) has opened the sale of Sukuks for the fourth time. Moreover, as per HDFC the Sukuk transactions…

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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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