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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

    Import revenue up by 56% in July 2022

    August 16, 2022

    Maldives Customs Service report its import revenues, inclusive of fuel shot up by 56% in July 2022. According to the authority, Customs…

    FINANCE
    FINANCE

    Reserve money decline by 4% by June end

    August 11, 2022

    Reserve money saw an annual decline of 4% at the end of June 2022, reports Maldives Monetary Authority (MMA). This decline comes…

    FINANCE
    FINANCE

    Revenues up by 311.8% in July 2022; MIRA

    August 11, 2022

    Maldives state revenue went up by 311.8% in July 2022 in comparison with the same month last year. According to Maldives Inland…

    BUSINESS
    BUSINESS

    Inflation up to 5.2% in June 2022

    August 10, 2022

    The rate of inflation, measured by the annual percentage change in the national Consumer Price Index (CPI) went up to 5.2% in…

    FINANCE
    FINANCE

    Maldives real GDP registers 19.3% growth in Q1-2022

    August 9, 2022

    Maldives Monetary Authority (MMA) reports the country’s real GDP observes growth by 19.3% by Q1-2022. This rise is in comparison with the…

    PUBLIC SECTOR
    PUBLIC SECTOR

    US government donates over 99k Covid Vaccine

    August 8, 2022

    The United States government has donated more than 99,000 vials of Covid-19 vaccine. US government extended its assistance through USAID, reported Maldives…

    BUSINESS
    BUSINESS

    State earn MVR5.29bn in Q2-2022

    August 7, 2022

    Maldives government earned a quarterly revenue of MVR5.29 billion for the second quarter of 2022. Maldives Inland Revenue Authority (MIRA) confirms this,…

    BUSINESS
    BUSINESS

    President Solih attends India-Maldives Business Forum

    August 4, 2022

    Maldives President Ibrahim Mohamed Solih on Wednesday, 03rd August, attended the India-Maldives Business Forum held in Mumbai. The forum is hosted by…

    BUSINESS
    BUSINESS

    State expenditure hit MVR20.07bn, deficit at MVR5.3bn

    August 1, 2022

    Cumulative total of state expenditure as of 21st July reaches MVR20,070.7 million (MVR20.07 billion), while cumulative total of state revenues sluggishly hit…

    BUSINESS
    BUSINESS

    RTL Bus Service commence in major population zones

    August 1, 2022

    The Raajje-Transport Link (RTL); integrated public transport network initiative commences in major population zones across the Maldives. Under the RTL initiative, bus…

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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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