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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
    FINANCE
    FINANCE

    Expenditure reach MVR1.4bn by January final week

    February 7, 2022

    According to the latest updates from Ministry of Finance, the cumulative total of state expenditure has reached MVR1,430.6 million (MVR1.4 billion) as…

    FINANCE
    FINANCE

    State expenditure at MVR616.1mn by late January 2022

    January 31, 2022

    According to the latest updates from Ministry of Finance, the cumulative total of state expenditure as of 20th January 2022 has reached…

    FINANCE
    FINANCE

    State collects MVR172mn in revenue during second week of 2022

    January 19, 2022

    The weekly revenue update from Maldives Inland Revenue Authority (MIRA) confirms a weekly revenue total of MVR172,636,370 from 09th to 15th January…

    FINANCE
    FINANCE

    State expenditure at MVR380.6mn by second week of 2022

    January 19, 2022

    According to the latest updates from Ministry of Finance, the Weekly Fiscal Developments report confirm that Maldives state had spent MVR380.6 million…

    PUBLIC SECTOR
    PUBLIC SECTOR

    Baa Atoll council calls govt against leasing more islands for resort development

    January 16, 2022

    The council authority of Baa Atoll has passed a stern resolution calling on the central government to cease leasing anymore of the…

    FINANCE
    FINANCE

    Maldives government earn MVR2.03bn of revenue in December 2021

    January 12, 2022

    Maldives government earned a total of MVR2.03 billion for the month of December 2021 as per the latest updates confirmed by Maldives…

    FINANCE
    FINANCE

    Maldives Econ Dev Minister projects prospective cheaper Dollar prices

    January 9, 2022

    Maldives Minister of Economic Development Mr. Fayyaz Ismail has claimed that significant changes will become apparent in the island nation’s economy in…

    FINANCE
    FINANCE

    State spends over 95% of expenses as of 23 December 2021

    January 2, 2022

    According to the latest fiscal developments from Ministry of Finance, Maldives government has spent a total MVR32,024.9 million (MVR32.0 billion) as of…

    FINANCE
    FINANCE

    Maldives-Bangladesh signs double tax avoidance agreement

    December 26, 2021

    The governments of Maldives and Bangladesh have signed on the double tax avoidance (DTA) agreement on 23rd December 2021. Moreover, the agreement…

    FINANCE
    FINANCE

    Expenditure mounts to MVR31.2bn, deficit stretches to MVR12.7bn

    December 26, 2021

    The latest update from Ministry of Finance confirms the year-to-date total of state expenditure has reached MVR31,176.7 million (MVR31.2 billion). Meanwhile, earnings…

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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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