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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MPL Unveils Plans for Cruise Terminals in Four Strategic Locations
Maldives Ports Limited (MPL) has announced ambitious plans to develop cruise terminals at four key locations across the Maldives, a…
Government Strengthens Ties with Local Councils, Earns Their Trust
The relationship between the government and local councils has significantly improved, with councils expressing greater trust and cooperation, according to…
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…