Business
STO to Sell Coconuts at MVR 5 per Kg Starting Tomorrow for Ramadan
The State Trading Organization (STO) has announced the arrival of its first shipment of coconuts for the month of Ramadan, with plans to sell them at a significantly reduced price…
Latest from Business
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…