Profit plummets for STO in 2016

The net profit of State Trading Organisation (STO) had drastically dropped for the final quarter of 2016 as well as the whole year, statistics show….

Maldives swaps chairmen of STO, MTCC

The Maldives government exchanged the chairmen of State Trading Organisation (STO) and Maldives Transport and Contracting Company (MTCC) on Tuesday. The Privatisation Board appointed STO’s…