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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
    PUBLIC SECTOR
    PUBLIC SECTOR

    President attends ‘Viavathi Raajje’ conference

    September 11, 2022

    Maldives President Ibrahim Mohamed Solih on Saturday afternoon, 10th September 2022, arrived in Laamu atoll Gan to hold the third ‘Viavathi Raajje’…

    FINANCE
    FINANCE

    State spending inches close to approved budget for 2022

    September 10, 2022

    State expenditure reached MVR24.6 billion as of 01st September 2022, reports Ministry of Finance. Meanwhile, the state revenue inclusive of foreign grants…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Maldives underwater expedition kicks off

    September 7, 2022

    The deep sea expedition to explore the depths of Indian Ocean, dubbed “The Maldives Knowledge Exchange Expedition” commenced on Wednesday, 7th September.…

    FINANCE
    FINANCE

    State collects MVR61.5mn in Green Tax for July 2022

    September 6, 2022

    State collects MVR61.5 million in Green Tax for the month of July 2022, reports Ministry of Finance. From the total, state collected…

    BUSINESS
    BUSINESS

    City Council to relocate locally famous flea market zone

    September 4, 2022

    Male’ City, Sunday 04th September – The capital city’s council announced its plans to relocate locally famous flea market (“Neelan Fihaara) elsewhere.…

    FINANCE
    FINANCE

    State expenditure hit MVR24.0b, revenues at MVR18.2b

    September 1, 2022

    Cumulative total of state expenditure reaches MVR24.0 billion by 25th August 2022, reports Ministry of Finance. The authority further confirms state’s cumulative…

    BUSINESS
    BUSINESS

    RTL services launch in Shaviyani atoll, connects to Northernmost atolls

    August 31, 2022

    Maldives Transport and Contracting Company (MTCC) confirms commencing Raajje-Transport Link (RTL) services in Shaviyani atoll, on 30th August 2022. With this introduction…

    FINANCE
    FINANCE

    Expenditure at MVR22.56bn, revenue at MVR17.8bn

    August 28, 2022

    Cumulative total of state expenditure hits MVR22.56 billion as of 18th August, reports Ministry of Finance. According to the state body, state…

    FINANCE
    FINANCE

    Deficit surges from MVR4.6bn to MVR4.8bn

    August 18, 2022

    State’s budgetary deficit has surged from MVR4.6 billion during the previous week to MVR4.8 billion as of 11th August 2022. According to…

    FINANCE
    FINANCE

    State expenses reach MVR21.5bn, deficit at MVR4.6bn

    August 17, 2022

    The most recent update from Ministry of Finance confirm state expenses have hit MVR21.5 billion as of 4th August 2022. On 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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