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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

    Indian entrepreneurs in talks with Maldives to strengthen commercial ties

    November 22, 2022

    A delegation from the Coastal Mechanized Sail Vessel Association from India is in talks with the Maldivian government, to strengthen commercial ties…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Sri Lankan High Commissioner pays courtesy call to Maldives VP

    November 21, 2022

    The High Commissioner of Sri Lanka to the Maldives Adam Maznavee Jaufer Sadiq paid a courtesy call on Monday, 21st November, to…

    BUSINESS
    BUSINESS

    New VIA passenger terminal will complete in 2023; Finance Minister

    November 19, 2022

    Minister of Finance Ibrahim Ameer affirms development project of the new Velana International Airport (VIA) passenger terminal will be completed in 2023.…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Parliament committee approves MVR6.4m for Arabiyya School revamp

    November 19, 2022

    Budget Committee of Maldives Parliament has approved MVR6.4 million in the 2023 state budget towards the development of Arabiyya School. The rundown…

    PUBLIC SECTOR
    PUBLIC SECTOR

    RDC confirms redevelopment of prominent Male’ City road enters second segment

    November 17, 2022

    Road Development Corporation (RDC) Managing Director Ustad Moosa Ali Manik confirms development of Male’ City Ameenee Magu, one of the city’s prominent…

    FINANCE
    FINANCE

    Govt expenditure hit MVR31.8bn, revenues at MVR22.9bn

    November 17, 2022

    The cumulative total of state expenditure has hit MVR31,819.1 million (MVR31.8 billion) as of 10th November, which is just MVR2.3 billion shy…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives Parliament approves tax hike for 2023

    November 16, 2022

    Maldives Parliament on Wednesday, 16th November passed the bill proposing hike in GST. In a bid to boost state earnings, Ministry of…

    PUBLIC SECTOR
    PUBLIC SECTOR

    MTCC completes Hulhumale’ Halfway House

    November 14, 2022

    A ceremony was held on Sunday, 13th November to inaugurate the completion of new blocks of Hulhumale’ Halfway House. Maldives Transport and…

    FINANCE
    FINANCE

    Revenues and grants decrease by 32.2% in September 2022

    November 14, 2022

    Revenues and grants for September 2022 stood at MVR1.58 billion, which is a 32.2% decrement when compared with the same month in…

    FINANCE
    FINANCE

    Government require MVR30.5bn for four-year debt repayment

    November 14, 2022

    Auditor General’s Office (AGO) confirms Maldives government required MVR30.5 billion to repay state debt in the next four years. AGO said their…

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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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