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...
Launch of Bunkering Services Pushed Back for Sixth Time
The State Trading Organization (STO) announced that it will begin offshore bunkering services by the end of the month. When...
MPL Launches Dedicated International Maritime Services Website
The Uthuru Maritime Services (UMS) website, a specialised website for maritime services targeted for the country’s northern region, launched on...
Bunkering Services Delayed Again; Now Eying September Launch
The launch of bunkering services, scheduled to begin on Thursday at Haa Alifu (HA.) Atoll, has been postponed to September....
STO Approves MVR 80 per Share Dividend: Highest Payout in 17 Years
State Trading Organization (STO) has approved the disbursement of MVR 80 per share as dividends for 2023, marking the company’s...
STO Opens Modern Pharmacy at Dharumavantha Hospital
State Trading Organization (STO) Medical Services has opened a new pharmacy at the state-run Dharumavantha Hospital in Malé. The new...
Bunkering Services at Ihavandhippolhu to Launch in August
Bunkering services at Ihavandhippolhu in Haa Alifu (HA.) Atoll will be officially launched within the next month, Minister of Economic...
STO Medical Services Hosts Conference on Common Non-Communicable Diseases
State Trading Organization (STO) Medical Services recently brought together over 100 healthcare professionals to discuss critical issues related to chronic...
STO Sets Date for Annual General Meeting
State Trading Organization (STO) has announced that the company’s Annual General Meeting (AGM) will be held on 12 July. The...
Ex-President Solih Criticises Muizzu Administration’s Economic Policies, Fiscal Priorities
Former President Ibrahim Mohamed Solih delivered pointed criticism of the Mohamed Muizzu administration’s economic and fiscal strategies, asserting they have...
