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State-Owned Firms’ Debt Rises to MVR 37 Billion

Combined debt of Maldives state-owned companies rose to MVR 37 billion in the first half of the year, about MVR 2 billion more than at the end of last year, according to official figures. MACL recorded the highest debt at MVR 13 billion, followed by HDC at MVR 9.3 billion, while STO's debt rose 25 percent to MVR 983 million.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures9as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

How the reporting differs

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Figures in these reports

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  • MVR 37 billion combined debt of government-owned companies Maldives Republic The combined debt of government-owned companies rose to MVR 37 billion in the first half of the year

    Word for word from the report in Maldives Republic. Open the report

  • about MVR 2 billion increase in combined state-owned company debt compared with end of last year Maldives Republic an increase of about MVR 2 billion compared with the end of last year, according to official figures.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 13 billion MACL liabilities Maldives Republic Maldives Airports Company Limited (MACL) recorded the highest debt among state-owned companies, with its liabilities standing at MVR 13 billion.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 1.2 billion increase in MACL borrowing Maldives Republic Borrowing at the company increased by MVR 1.2 billion during the first half of the year.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 9.3 billion HDC debt Maldives Republic Housing Development Corporation (HDC) had the second-largest debt, at MVR 9.3 billion.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 35 billion total corporate debt Maldives Republic Total corporate debt stood at MVR 35 billion at the end of 2024.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 983 million STO debt Maldives Republic STO’s debt rose to MVR 983 million, an increase of 25 percent during the period.

    Word for word from the report in Maldives Republic. Open the report

  • 25 percent increase in STO debt Maldives Republic STO’s debt rose to MVR 983 million, an increase of 25 percent during the period.

    Word for word from the report in Maldives Republic. Open the report

  • MVR 900 million increase in Fahi Dhiriulhun Corporation debt Maldives Republic The debt of Fahi Dhiriulhun Corporation also increased, rising by MVR 900 million in the first half of the year.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Finance & banking

Places

alphabetical
Malé

Named in these reports

alphabetical
Fahi Dhiriulhun CorporationHousing Development Corporation (HDC)Maldives Airports Company Limited (MACL)