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STELCO Powers Rakeedhoo with Solar Hybrid System, Cutting Diesel Use by 90%

A new solar hybrid PV-BESS-DG system has been successfully installed in Rakeedhoo, Vaavu Atoll, significantly reducing the island's reliance on…

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…