National Budget 2025: SOE Salaries Should Be on Par With Civil Servants, says MMA Governor
The Governor of the Maldives Monetary Authority (MMA), Ahmed Munawar, has said that salaries of employees at state-owned enterprises (SOEs)...
President Muizzu Announces Salary Cuts for Political Appointees and SOE Staff
President Dr Mohamed Muizzu has announced plans to reduce salaries for political appointees and employees of government-owned companies as part...
Ex-President Yameen Calls on Public to Hold Government and State Agencies to Account
Former President Abdulla Yameen Abdul Gayoom has called on all Maldivians to hold state institutions and companies accountable. Speaking at...
IMF Package Not an Option: President Muizzu
President Mohamed Muizzu, in an interview with the BBC, has confirmed that the Maldives will not undertake an International Monetary...
MVR 4 Billion Spent on SOEs as of July
While there are 23 state-owned enterprises (SOEs), MVR 4 billion from the state’s budget had been spent on these companies...
MDP to Provide Legal Assistance for Unlawfully Dismissed Employees
The opposition Maldivian Democratic Party (MDP) has announced plans to provide legal support to employees who have been unlawfully dismissed...
Opposition Condemns ‘Mass Layoffs’ at SOEs
The main opposition Maldivian Democratic Party (MDP) has condemned what it called mass layoffs at state-owned enterprises (SOEs) in the...
Nazim Urges Oversight on Foreign Executives in State-Owned Companies
Deputy Speaker of Parliament Ahmed Nazim raised concerns on Monday over the role of foreign executives in state-owned companies during...
STO CEO Appointed Fenaka Chair as Utilities SOE Transitions to Subsidiary
The Chief Executive Officer (CEO) and Managing Director (MD) of the State Trading Organization (STO), Shimad Ibrahim, has been appointed...
PCB Directs State-Owned Companies to Cut Costs Amid Economic Challenges
The Privatisation and Corporatisation Board (PCB) has issued a directive to state-owned companies, urging them to implement stringent cost-cutting measures...

