Business
STO’s Q2 Results Signal Steady Hands, Stronger Future
In a resounding display of resilience and financial stewardship, the State Trading Organization (STO) has once again proven its indispensable role in the nation’s economy, posting a solid net profit…
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Maldives State Shipping Opens Applications for Maritime Scholarships
The Maldives State Shipping Company Private Limited (MSS) has announced two maritime scholarships as part of its "Kalaaseen" scholarship program,…
Maldivian’s First Wide-Body Aircraft Set for Maiden Voyage to Chengdu, Says Transport Minister
Transport Minister Mohamed Ameen announced that Maldivian's first wide-body aircraft will commence its inaugural flight to Chengdu, China, on the…
President Muizzu Unveils Milestone: First Wide-Body Aircraft Joins Maldivian Fleet, One Additional Arrival Expected in October
In a landmark announcement at a ceremony held at Velana International Airport (VIA) this evening, President Dr. Mohamed Muizzu revealed…
WAMCO Cancels Plan to Link Waste Collection Fees to Electricity Bills in Atolls
The Waste Management Corporation Limited (WAMCO) has reversed its decision to integrate waste collection fees with electricity bills in the…
Dollar Conversion Now Compulsory for Maldivian Businesses as New Currency Act Takes Effect
The Foreign Currency Act has been officially implemented today, requiring businesses in the Maldives to convert dollars through local banks.…
Maldives Sees Decline in Import Value for November
In November, the Maldives imported goods totaling four billion rufiyaa, according to statistics from Maldives Customs. This amount includes expenditures…