STO
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BusinessSTO approves dividend of MVR 80 per share
STO earned MVR 818 million for 2023 as profit after taxes. This is a record amount in the company's history.
BusinessSTO Group earned profit of MVR 1.1 billion last year
An after-tax profit of MVR 818 million for 2023 was a record amount in the history of the state-owned company, the country's main importer of staple foods, fuel and other essential goods.
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MVR 5 million from cash-strapped SOEs to sponsor Euros
Business
Fuel prices reduced
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MoU signed with Chinese company for mega farming project
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STO and Vitol agreement on bunkering hub in Ihavandhippolhu
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Muizzu denies STO manager was demoted for criticizing him
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Distribution of free staples begin ahead of Ramadan
Business
STO introduces Trister products in Maldives
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STO pharmacy manager demoted for criticizing President
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Staples distribution to begin first week of Ramadan
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No agreement with other countries for staple imports
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Fuel farm to be relocated to lagoon in front of Thilafushi
Business
STO Ramadan Bazaar begins with grand prizes
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Agreement with Türkiye for staple food import
Business
MIFCO separated from STO
Business
STO begins importing onions from India to control prices
Business
Fuel prices reduced
Business
STO launches "Heyyaa Makita 2023" promotion
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