Maldives' debt crosses MVR 100b at 2022 end

According to finance data, the government has taken eight new loans in the last one year.

7 February 2023

ACC, PCB join hands to fight corruption in state-owned firms

The biggest corruption cases that have come to light in the country so far has taken place among state-run companies.

1 February 2023

SOE balance sheets: Reality far from rosy headlines

"Financial matters are not at their best in state-run companies. We are trying our best to rectify them," Asim said.

7 February 2023

Motion calls for law governing after state companies

The second highest number of cases filed with the Anti-Corruption Commission pertain to state-owned companies.

15 February 2023

Committee on bank account fraud made confidential

Since most of the agencies and members who went to the committee wanted it, the committee chairman decided to go ahead with the meeting in secrecy.

1 March 2023

Despite looming cost hikes, subsidy reforms take back seat

Local experts say it was not possible for any government to reform subsidies

8 May 2023

Managing directors appointed to 21 state companies

PCB President Hamdi Ageel told Atoll Times that the nominations made by President Mohamed Muizzu have been reviewed.

28 November 2023

Parliament launches enquiry on Muizzu's directives to SOEs

"Whether they [the President-elect] have issued such a notice, if so, in what legal capacity... to clarify this information”; the PCB.

11 October 2023