Government promises "quick intervention" to control Ramadan food prices

Monitoring system targets 141 Ramadan staples.

Ex-lawmaker’s fuel supplier ordered to pay US$1.2m to state company

Meridiam owed STO for fuel released on credit in 2010.

Maldives state-owned enterprises earned profit of US$97m in Q1 2019

Reduced revenue for MTCC resulted in a net loss of MVR45 million.

Staple food prices slashed

The State Trading Organisation has reduced the prices of staple foodstuff to rates before a hike caused by a subsidy cut in 2016.

Petrol and diesel prices hiked

The changes were prompted by price increases in the global market, the State Trading Organisation said. The prices of crude oil presently stand at US$48.6 per barrel, up from US$46 at the end of June.

Plans unveiled for an ‘industrial village’ in Malé

The ministry of housing and infrastructure awarded projects to two state-owned companies yesterday to develop an “industrial village” and a foodcourt in Malé’s southwestern harbour.

STO recalls shipment of tainted flour

The State Trading Organisation (STO) has warned its customers not to use flour that contains impurities. An STO media official said samples from the contaminated batch have been sent to Maldives Food and Drug Authority for testing.

Man injured in lightning strike at sea

A man was injured in a lightning strike at sea near the capital Malé at 12:15pm today. He suffered injuries to his head and ears and is receiving treatment at the ADK hospital.

STO cautions against panic buying as hundreds queue for petrol

STO cautions against panic buying as hundreds queue for petrol

“There is absolutely no shortage. We are operating out petrol stations at normal hours, but only rationing petrol because some people are buying petrol in bulk,” an STO media official told Minivan News.

STO reduces price of onions and potatoes

Four paramedic ambulances arrive

STO to sponsor speech therapist for children with Down syndrome

STO raises fuel price by MVR1

STO head Azim dismissed from post

Fuvahmulah Airport handed to government after costing STO MVR170 million

President Yameen urges STO to enter international markets

STO hands over biomedical equipment worth US$900,000 to the health ministry

STO signs agreement to supply equipment to construct Maafushi Prison wall

STO to import oil, staples and pharmaceuticals only