MWSC
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NewsMWSC to develop water and sewerage systems in New Maafushi
The Maldives Water and Sewerage Company has been contracted to build water and sewerage systems for the newly reclaimed "New Maafushi" area. This project aims to provide essential infrastructure for 308 housing plots, addressing a common national issue where reclaimed land remains uninhabitable due to a lack of basic utilities.
BusinessSubsidy spending hits MVR 4.1 billion
The Maldives' subsidy spending has reached MVR 4.1 billion, exceeding the annual budget by 43.5%. Rising global oil prices have driven costs for fuel and electricity far beyond initial projections. Despite international advice to shift toward targeted support, the government aims to cut costs by improving electricity generation efficiency.
Business
MWSC Chairperson Shamhooza dismissed
Business
MWSC gets fired STELCO Chief as new Managing Director
Business
MWSC Chief resigns amid wave of SOE leadership exits
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MWSC sacks deputy managing director Fazeel
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IBM ordered to cancel labour accommodation agreement
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Feasibility study for subsea desalination technology in Maldives
Business
Inflation rises for first time this year
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HRCM probes water cuts
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MVR 5 million from cash-strapped SOEs to sponsor Euros
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Discount offered for Ramadan electricity bills
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No discounts for Ramadan utilities
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Unpaid water bill fines amount to MVR 17 million
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Discussions on capping bill half way into Ramadan
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Water and electricity bill fines to be waived
Business