News
STELCO commissions new 1MW generator in Hoarafushi, increasing power capacity to 3.3MW
State Electric Company Limited (STELCO) has commissioned a new one-megawatt generator in HA. Hoarafushi, increasing the island's total installed electricity generation capacity to 3.3 megawatts as part of efforts to…
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“What Do You Think?” – Nasheed Teases 2028 Bid Amid Political Freefall
In a surprising development, former Maldivian President Mohamed Nasheed has expressed his intention to contest the 2028 presidential election. This…
May Bills Reflect New Rates — ‘Look Back to Jan or Dec for True Comparison,’ Says STELCO
In a move to alleviate public concern over fluctuating electricity bills, the State Electric Company Limited (STELCO) has announced the…
MACL Urges Early Arrival at VIA Amid Eid Rush and Roadworks
Velana International Airport (VIA), the Maldives' primary international gateway, is experiencing a significant increase in passenger traffic due to the…
Budget Surplus Achieved: Maldives Posts MVR 1.2B Gain in Just Five Months
In a remarkable show of economic discipline and strong revenue generation, the Maldives has recorded a budget surplus of MVR…
MACL Management Delivers: Audit Confirms Record Profits and Strategic Growth in 2024
In a clear demonstration of sound financial governance and operational momentum, the Maldives Airports Company Limited (MACL) has posted another…
Sirens Instead of Strategy: Ex-Police Leadership Fumbles MTCC’s Growth, According to Annual Report
Despite sweeping rhetoric on national development and diversification, the 2024 Annual Report of Maldives Transport and Contracting Company (MTCC) reveals…