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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 partners with Mastercard and MTCC for Public Transportation digital payments

    September 13, 2021

    Monday, 13th September – Bank of Maldives (BML) signs a Memorandum of Understanding (MoU) with both Mastercard and Maldives Transport and Construction…

    FINANCE
    FINANCE

    Maldives state collects MVR1.27bn of revenue in August 2021

    September 13, 2021

    The total revenue collection to Maldives state in August 2021 stood at MVR1.27 billion, inclusive of the USD collection, reports Maldives Inland…

    BUSINESS
    BUSINESS

    State Trading Organization preps to initiate Digital Banking

    September 9, 2021

    State Trading Organization (STO) has requested formal permission from Maldives Monetary Authority (MMA) to initiate a digital bank in the country. Moreover,…

    FINANCE
    FINANCE

    State expenditure hit MVR19.0bn, deficit at MVR6.9bn

    September 9, 2021

    Maldives state expenditure rises to hit MVR19,027.1 million (MVR19.02 billion) as of 02nd September 2021. Moreover, according to Ministry of Finance the…

    FINANCE
    FINANCE

    Maldives state spend MVR3.9bn on Covid-19 related efforts

    September 8, 2021

    Maldives government has spent a total of MVR3,879.5 million (MVR3.9 billion) towards Covid-19 curbing and economic recovery efforts so far in 2021.…

    BUSINESS
    BUSINESS

    State expenditure hit MVR18.1bn, deficit increases to MVR6.9bn

    September 5, 2021

    The cumulative total of state expenditure reaches MVR18,149.0 million (MVR18.1 billion) as of 26th August 2021. Moreover, according to Ministry of Finance…

    FINANCE
    FINANCE

    BML announce positive changes to Home Improvement Loan

    August 29, 2021

    Bank of Maldives (BML) has announced positive changes to their recently introduced Home Improvement Loan in order to facilitate easy access finance…

    FINANCE
    FINANCE

    State revenues observe slight improvement from previous review week

    August 25, 2021

    The Maldives state has generated a cumulative total revenue of MVR11,138.6 million (MVR11.1 billion) as of 19th August, indicating a moderate improvement…

    FINANCE
    FINANCE

    State’s spending on Covid-19 efforts reach MVR3.82bn

    August 23, 2021

    The Maldives government has spent a total of MVR3,822.4 million (MVR3.82 billion) so far on Covid-19 related efforts. According to the latest…

    FINANCE
    FINANCE

    State expenditure hit MVR16.1bn, deficit reach MVR5.3bn

    August 23, 2021

    The latest updates from Ministry of Finance on Weekly Fiscal Developments indicate cumulative total of state expenditure at MVR16,086.4 million (MVR16.1 billion)…

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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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