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MTCC to hold annual general meeting on October 29, shareholders to vote on dividends
Maldives Transport and Contracting Company (MTCC) has announced that its Annual General Meeting (AGM) for the financial year 2025 will take place on October 29, with shareholders set to vote…
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Inguraidhoo power capacity rises to 2,200 kW with new 800 kW generator
Electricity generation capacity in R. Inguraidhoo is set to nearly double following the delivery of a new 800 kW generator,…
MMA seeks feedback on two new financial sector regulations
The Maldives Monetary Authority (MMA) has opened public consultation on two proposed regulations covering consumer protection in the financial sector…
STO launches ‘Salhiey Makita’ promotion with MVR 50,000 grand prize
State Trading Organization (STO) Construction Solutions has launched its annual "Salhiey Makita" promotion, offering customers the chance to win an…
MTCC moves to revive long-awaited Hiyaa housing project for employees
Maldives Transport and Contracting Company (MTCC) has begun discussions with Housing Development Corporation (HDC) to secure land for the revival…
STO brings GE HealthCare’s portable ultrasound technology to Maldives
State Trading Organisation (STO) has introduced GE HealthCare’s Vscan portable ultrasound devices to the Maldivian market, offering healthcare providers a…
HDC posts MVR 2.01 billion profit as Auditor General issues clean audit opinion
Housing Development Corporation (HDC) recorded a net profit of MVR 2.01 billion in 2024, as the Auditor General issued an…