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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

    MTCC RTL mini-bus service expects kick-off in 3 weeks

    July 28, 2022

    The planned mini-bus service under the Raajje-Transport Link (RTL) is progressing apace for an official launch, reports the government. All relevant bodies…

    BUSINESS
    BUSINESS

    Strong expenditure, sluggish revenue; state requires austerity measures

    July 25, 2022

    Cumulative state expenses in annual terms reach MVR18,425.9 million (MVR18.4 billion) as of 14th July 2022. Comparing with stronger state spending, revenues…

    BUSINESS
    BUSINESS

    Maldives President ratifies Int’l Trade Controls on Endangered Species Act

    July 21, 2022

    President of the Republic of Maldives Mr. Ibrahim Mohamed Solih on Wednesday, July 20, ratifies the International Trade Controls on Endangered Species…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Morocco-Maldives relationship strengthens with new consulate opening

    July 21, 2022

    The Moroccan Ambassador to the Maldives, Mr. Mohamed Maliki opens the first Moroccan Consulate General in the Republic of Maldives on Tuesday,…

    BUSINESS
    BUSINESS

    IMF recommends GST bump in 2024

    July 17, 2022

    The International Monetary Fund (IMF) commenting about the Maldivian Government’s plan of incrementing Goods and Services Tax (GST) for 2023 has recommended…

    FINANCE
    FINANCE

    Expenditure at MVR17.8bn, deficit surges to MVR4.7bn

    July 15, 2022

    The most recent update from Ministry of Finance on their Weekly Fiscal Development confirms the cumulative state expenditure reached MVR17,839.1 million (MVR17.8…

    FINANCE
    FINANCE

    Government revenue up by 95.1% in June 2022; says MIRA

    July 13, 2022

    The total revenue collection recorded for June 2022 observed an increment of 95.1% compared to the same month last year, reports Maldives…

    BUSINESS
    BUSINESS

    Over 4k housing and land purchase applications for Male’ region

    July 7, 2022

    The Ministry of National Planning, Housing and Infrastructure (MNPHI) reports of receiving over 4,000 applications for the Greater Male’ Region housing and…

    FINANCE
    FINANCE

    Foreign aid for state budget support is difficult!

    July 7, 2022

    Minister of Finance Mr. Ibrahim Ameer has noted that seeking foreign aid to supplement a budget support will be challenging amid the…

    FINANCE
    FINANCE

    GST hike will spur up Maldives inflation

    July 6, 2022

    According to Minister of Finance Mr. Ibrahim Ameer, the planned hike in Goods and Services Tax (GST) will push the country’s inflation…

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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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