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A digest of news and opinion from the Maldives.

State Owned Enterprises (SOE)

State Owned Enterprises Face Collective Loss in Earnings of 86 Percent

State Owned Enterprises Face Collective Loss in Earnings of 86 Percent

2 min read

State-owned companies or enterprises (SOEs) have reported a loss in earnings of 86 per cent in the second quarter of 2020, compared to the same period in 2019. The Privatization and Corporatization Board (PCB) publicized the second quarter statistics of state-owned companies yesterday. According to the PCB, only MVR 138 million was reported as the […]