Business

60% of Ha. Hoarafushi Airport Shore protection project completed

Maldives Transport and Contracting Company (MTCC) stated 60% of Ha. Hoarafushi Airport Shore protection project has been completed. MTCC also updated on ongoing works stating that have completed construction of breakwater and existing groyne reprofiling wor...

Ibrahim Yaafiu · 6 Aug 2022 · 9 reads

Asphalt laying works of HDh. Hanimaadhoo Road Development Project completed

Maldives Transport and Contracting Company (MTCC) has stated that asphalt laying works of HDh. Hanimaadhoo Road Development Project has been completed. According to the company, they have completed asphalt laying works on 46,466 square meters. Under the...

Ibrahim Yaafiu · 4 Aug 2022 · 4 reads

Precast concrete blocks required for the quay wall construction of Sh. Feydhoo Harbour Development project delivered

Maldives Transport and Contracting Company (MTCC) has stated that precast concrete blocks required for the quay wall construction of Sh. Feydhoo Harbour Development project has been delivered to the project site. MTCC also updated on ongoing works stating t...

Ibrahim Yaafiu · 4 Aug 2022 · 9 reads

Sh. Foakaidhoo Harbour Development project nearing completion

Maldives Transport and Contracting Company (MTCC) has stated that Sh. Foakaidhoo Harbour Development project nearing completion. Under the project to develop Foakaidhoo Harbour, the company has to dredge 45795 cubic meters of new harbour basin, construction...

Ibrahim Yaafiu · 3 Aug 2022 · 6 reads

Ooredoo World Cup Foari Lucky Draw: chance for 4 customers to watch a World Cup Semi-Final match

Ooredoo Maldives have opened the opportunity to win a FIFA World Cup Qatar 2022 Semi-Final match ticket with travel and accommodation for four lucky customers. World Cup Foari Lucky Draw gives the Ooredoo customers the chance to experience FIFA World Cup 20...

Ibrahim Yaafiu · 2 Aug 2022 · 7 reads

Maldive Gas opened a Nitrogen plant and a high capacity Oxygen plant in Thilafushi

Maldive Gas has opened a Nitrogen plant and a high capacity oxygen plant in Thilafushi. According to Maldive Gas, the Nitrogen plant was opened to increase the capacity of Nitrogen required for the Maldives. Also, the company stated that the price of gas fr...

Ibrahim Yaafiu · 2 Aug 2022 · 6 reads

STO commenced a "Back to School" promotion

State Trading Organization (STO) has commenced a "Back to School" promotion in relation to the new academic year. The promotion will be held at STO People's Choice as well as STO Regional Shops till the end of this month. Under the promotion, students and t...

Ibrahim Yaafiu · 1 Aug 2022 · 9 reads

Ooredoo Maldives expanded its 5G network in Greater Male’ with massive bonuses

Ooredoo Maldives has expanded its 5G network in Greater Male’ including Male’, Villimale, Hulhumale’ Phase 1 and Hulhule and had introduced massive bonuses on 5G data. Ooredoo Maldives, with its vision to enrich the lives of its customers through cutting ed...

Ibrahim Yaafiu · 1 Aug 2022 · 12 reads

MTCC reports MVR77 million as net profit in the second quarter

Maldives Transport and Contracting Company (MTCC) has reported a net profit of MVR 77 million in the second quarter of this year. According to the company's quarterly report, this is MVR 8.23 per share. The net profit is an increase of MVR 14 million compar...

Ibrahim Yaafiu · 31 Jul 2022 · 6 reads

STO generated MVR4.9 billion as revenue in the second quarter

State Trading Organization (STO) has generated MVR 4.9 billion as revenue in the second quarter of this year. Statistics published by the company show that this is an increase of 22% compared to the previous quarter. According to STO, the main reason for...

Ibrahim Yaafiu · 30 Jul 2022 · 9 reads

3rd shipment of precast concrete blocks required for Ha. Dhidhdhoo Harbour Extension and Jetty Construction Project delivered

Maldives Transport and Contracting Company (MTCC) has stated that the third shipment of precast concrete blocks required Ha. Dhidhdhoo Harbour Extension and Jetty Construction Project has been delivered to the project site. MTCC also updated on ongoing work...

Ibrahim Yaafiu · 30 Jul 2022 · 4 reads

‘Bodu Chuttee Pack’ by Ooredoo Maldives for Gamers: 100GB for MVR100

Ooredoo Maldives has introduced a special holiday package “Bodu Chuttee Pack” for Gamers.  Under the package, Ooredoo customers will receive 100GB for MVR100 using the Ooredoo’s app. According to Ooredoo Maldives, customers other than gamers will also be ab...

Ibrahim Yaafiu · 30 Jul 2022 · 6 reads

IMF praised Government’s decision to increase GST and TGST

The International Monetary Fund (IMF) has praised the Maldives government's decision to increase GST from 6% to 8% and TGST from 12% to 16% to improve the country's reserve. According to the statement issued by the IMF after the delegation from IMF visited...

Ibrahim Yaafiu · 27 Jul 2022 · 8 reads

WAMCO introduced Doorstep Plus to facilitate easy registration for waste collection services

Waste Management Corporation (WAMCO) has introduced Doorstep Plus to facilitate easy registration for waste collection services. WAMCO stated in a statement that the policy on registering households was changed in September last year to strengthen the waste...

Ibrahim Yaafiu · 26 Jul 2022 · 10 reads

STO opened an opportunity to get a prize by sharing a photo of Hitachi's product while being used

State Trading Organization (STO) has opened the opportunity to get a prize by sharing a photo of Hitachi's product while being used. The promotion was launched under STO's Hama Hitachi 2022 campaign. Under the promotion, photos can be shared until 1400hrs o...

Ibrahim Yaafiu · 24 Jul 2022 · 5 reads