State Trading Organization (STO) appoints Shimad Ibrahim as the corporation’s new Chief Executive Officer (CEO) and Managing Director. Shimad has…
Browsing: State Owned Enterprise
The president-elect’s office has said that the state-owned enterprises (SOEs) are experiencing severe cashflow shortages. According to the office, the…
The State Trading Organization (STO) has reported an annual gross profit of MVR2.76 billion, which is a 43.8% increase from…
The Minister of Finance Ibrahim Ameer has said that the Maldives government is monitoring the compliance of all state-owned enterprises…
As per Privatization and Corporatization Board (PCB), the state owned enterprises (SOEs) in Maldives generated a collective income of MVR…
State Trading Organization (STO) reports a profit after tax of MVR131 million for the final quarter of 2021. Moreover, the…
Maldives state has dissolved a total of 08 state owned enterprises from 17 such corporations that were listed for dissolution.…
Thursday, 29th July – State Trading Organization (STO) confirms a net profit of MVR110 million for the second quarter of…