STO
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NewsEnforcement alone cannot fix USD crisis, warns economic expert
Economic expert Ahmed Mohamed warns that enforcement and regulation alone cannot solve the foreign currency shortage or the gap between official and market rates. He argues that administrative actions fail to address underlying economic issues, even as the government plans stricter monitoring and increased mandatory dollar conversions.
NewsMedicine shortages will persist throughout Muizzu's term: Amr
Former STO head Hussain Amr warns that medicine shortages will persist throughout President Muizzu's term. He claims the new State Pharma system is failing to stock essential drugs and driving costs up. Amr attributes the crisis to government policy changes and a failure to reimburse pharmacies through the Aasandha scheme.
News
STO employee dismissed for discussing "Aisha" documentary
Business
STO reports MVR 785 million net profit in 2025
Business
Maldives faces cement shortage
Business
STO increases petrol and diesel prices
Business
Maldive Gas controls sale of gas cylinders due to low stock
Business
STO earned MVR 15.5 billion in revenue in 2025
News
Risk of major loss after STO runs out of gas imports
Business
STO to import 23 items as basic commodities
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State pharmaceutical company was established to steal: Amr
Business
STO and Makita celebrate 25 years to their partnership
News
Frequent power cuts in Male' due to refueling issues!
Business
MVR 3.6 million revenue in Q2 for STO
Business
Onion shipment from India to address shortage
Business
Sham appointed Chairperson of Fenaka
Business
Concerns mount as global oil prices continue to rise
News
DBM has not paid monthly rent for its office building
News
STELCO has numerous outstanding bills for fuel from STO
Business