Asia Gold Price dip a Diwali bonus for Indian market

In Hong Kong, gold was sold at $1-$3 premiums and in Singapore, at $1.50-$2.50 over the benchmark.

22 October 2022

STO releases new coconut shipment to stabilise prices

A fresh batch of imported coconuts had arrived in the Maldives and would be available for sale starting Wednesday night.

6 March 2025

Euro, dollar status should not be taken for granted

Around 60% of the world's foreign exchange reserves and international debt is denominated in dollars.

18 April 2023

Council asked to pay MVR 300K over Villimale market

The company alleged that the entire project was completed by 5 July 2022; MVR 667,866 due for those days was paid an year later by the city council.

26 August 2024

Council to replace local market with modern market building

In the makeshift market, Muizzu said that a slot would be given to each stall so that the current business in the local market does not stop.

5 May 2023

Developing countries facing a debt crunch

The IMF has warned that if the status quo continues, public debt could reach 547% of GDP by 2027 in Lebanon.

5 October 2023

World battles to loosen China's grip on vital rare earths

American Rare Earths is working with U.S. government scientists at the Lawrence Livermore Laboratory to develop bacteria that could process rare earths.

3 August 2023

Onion shipment cleared amid shortage; prices over MVR 35

STO has also confirmed efforts to import a shipment of onions to help stabilise prices.

30 July 2025