Business

Celebrating the Digital Dream Team: Dhiraagu Hosts Annual Awards Night

In a celebration of dedication and innovation, Dhiraagu, the Maldives' leading telecommunications provider, hosted its annual awards ceremony at Crossroads Maldives on July 12, 2024. The event recognized 79 employees…

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Island Councils Seek Uninhabited Islands for Income-Generating Projects

The government has completed its evaluation of proposals from local councils seeking to acquire uninhabited islands for economic development purposes.…

Maldivian Airlines Seeks Agents for New Flights to UK, Italy, and Germany

Island Aviation Services Limited (IASL), the operator of Maldivian Airlines, is seeking General Passenger Sales Agents (GPSAs) in the United…

STO’s Relocation of Oil Storage to Thilafushi Aims to Boost Capacity and Stabilize Prices

The State Trading Organisation (STO) is set to relocate its oil storage facility from Funadhoo to Thilafushi, a move expected…

MPL CEO Sets Ambitious Target of USD 6.5 Million in Revenue by Year-End

Maldives Ports Limited (MPL) is targeting a revenue of USD 6.5 million by the end of 2024, according to the…

Maldives to Implement Free Trade Agreement with Türkiye in Early 2025

The Maldives' Minister of Economic Development and Trade, Mohamed Saeed, has announced that the free trade agreement (FTA) between the…

STELCO Targets USD 7.78 Million Profit by Year-End, Focuses on Modernization and Employee Engagement

State Electric Company Limited (STELCO) is on track to achieve a projected profit of USD 7.78 million by the end…