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State Trading Organization
The State Trading Organization Plc ( MSE:ST or STO is a public company with 81.63% of the shares owned by the Maldivian Government with the rest 18.37% being held by the public after the IPO a couple of years ago. The company is controlled by a board of directors headed by a Chairman. Outlets STO People's Choice - On 15th March 2022, Vice President of Maldives, Hon. Faisal Naseem opened the newly refurbished STO People's Choice. The one-stop superstore is ideal and convenient for customers who are looking for home appliances, ACs, TVs and supermart products. The store includes a pharmacy as well. In addition, to support SMEs, the company has leased space from the store to third party vendors which include stationaries, toys, mobile phones and gadgets. STO Staple Foods - Since the establishment of STO in the mid 60s, it has been selling staple foods. STO Medical Services - STO Medicals Services play an important role in providing high quality pharmaceuticals and medical items ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wholesale
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit (finance)
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kulhudhuffushi (H
Kulhudhuffushi ( dv, ކުޅުދުއްފުށި) is the capital of Haa Dhaalu Atoll administrative division on Thiladhunmathi Atoll in the north of the Maldives. Kulhudhuffushi is known as the "Heart of the North". The island is famous for its mangroves (''kulhi''), after which the island itself is named. History In the years 1812, 1819 and 1921, the island was affected by heavy rains and storms, causing substantial damage. The island was also affected during the Keylakunu storm which lost half the population of the island. Since then the island has been famous for unity and hardworkers around the Maldives. The ancient people of the island of Kulhudhuffushi were famous for the courage and bravery during the wars fought against the enemies of the nation. Apart from that, the people of Kulhudhuffushi City led the whole atoll Thiladhunmathi in a rebellion act held against the Malé government during the 1940s because of the unjust governance for the people of the north at the time. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hulhumeedhoo (Seenu Atoll)
Hulhumeedhoo (Dhivehi: ހުޅުމީދޫ) or Hulhudhoo-Meedhoo is an island located on the northeastern point of Addu City. It is the fifth largest island in the Maldives. Although Hulhumeedhoo is geographically one island, it is divided into two administrative constituencies of Addu City, known as Meedhoo and Hulhudhoo, which are roughly the northern half and southern half of Hulhumeedhoo respectively. The name "Hulhumeedhoo" is an amalgamation of the names Hulhudhoo and Meedhoo. Meedhoo Meedhoo (Dhivehi: މީދޫ) is the oldest populated island in Addu Atoll, having been settled between 1000 and 500 BCE. Its name comes from the original Indo-Aryan settlers; Meedhoo means "Big Island" in Sanskrit. Meedhoo is generally considered to be the northern half of Hulhumeedhoo, and has an area of 1.827 km2 and a population of 2,953 (2017). To the north of Meedhoo is Ismehela Hera, an uninhabited section of the island which is located to the north. This island is linked with Meedh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thinadhoo (Gaafu Dhaalu Atoll)
Thenadu or Thinadhoo is the capital of Gaafu Dhaalu region in the atoll of Huvadhu and the proposed capital for the Upper South Province of the Maldives. It has its own dialect of Dhivehi which is considerably different from northern speech. It is pronounced as Thenadu in the Southern Maldives dialect. The name Thinadhoo is derived from '' Euphorbia hirta'', locally known as Thina Vina (Thina Weed) a pantropical weed used for herbal medicines which grew in the island. The island was formerly known as Havaru Thinadhoo and it was the traditional seat of the Atoll Chief. The island has a vibrant history of unrest and revolution. Thinadhoo was the wealthiest island in the country before it was forcefully depopulated and demolished entirely in 1962. The rich merchants of the island was known to have assisted even the capital when in need. History Early history Written history of the island is sparse, but Thinadhoo is known to have a rich history. Havaru Thinadhoo The Havaru, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maradhoo-Feydhoo (Seenu Atoll)
Maradhoo-Feydhoo ( Dhivehi: މަރަދޫފޭދޫ) is a district of Addu City, in the Maldives. The district borders the district of Maradhoo to the north, as they both share the same natural island, and the district of Feydhoo to the south. After Addu City became a city, Maradhoo-Feydhoo was extended to include the previous administrative island and a part of Feydhoo. The district has a village known as Feydhooburi (translates to 'North Feydhoo'). People still often refer to this village by the district's name. History Prior to relocation in the 1970s, the area that is currently administered as Maradhoo-Feydhoo was forestlands on Maradhoo island. Originally inhabitants of Feydhoo, the families of present-day Maradhoo-Feydhoo natives have inhabited Addu for centuries. Local tales and writing, as well as more formal recorded history, are indicative of intermarriages between families of Meedhoo island and those of Feydhoo (which was then occupied by the ancestors of present-day ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hoarafushi (Haa Alif Atoll)
Hoarafushi (Dhivehi Dhivehi, also spelled Divehi, may refer to: *Dhivehi people, an ethnic group native to the historic region of the Maldive Islands. *Dhivehi language, an Indo-Aryan language predominantly spoken by about 350,000 people in the Republic of Maldives ...: ހޯރަފުށި ) is an inhabited island of Haa Alif Atoll, Maldives, and is geographically part of the Atolls of the Maldives#Ihavandhippolhu, Ihavandhippolhu Atoll. The island is famous for its scenic attractions. Hoarafushi Airport was established in 2020. It is an Administrative divisions of the Maldives#Island, island-level administrative constituency governed by the Hoarafushi Island Council. History The island is named after the great frigatebird, known as the in Maldivian language, Dhivehi, which used to be seen there. According to the 1912 census, Hoarafushi was the fourth-largest locality in the Maldives, with a population of 1,811. The island used to be an educational hub. The people of Hoarafushi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hithadhoo (Seenu Atoll)
Hithadhoo ( Dhivehi: ހިތަދޫ) is a district of Addu City, in the Maldives. Hithadhoo is the main administrative district of Addu City, with many of the administrative buildings in this district. The town is situated on the island of the same name, the westernmost of Addu Atoll (previously known as Seenu Atoll). In terms of population count, Hithadhoo is home to the largest population in Addu City. According to the 2014 Census, with 11,129 residents, Hithadhoo also has the largest population of any administrative island in Maldives, a category that excludes the much larger national capital, Malé. Geography The island is south of the country's capital, Malé. Hithadhoo is the second largest island in the Maldives, with a surface area of . It has a length of and a width of at its widest point. The part of the island south of the town is lushly vegetated with palms and shrubs, whilst the northern end of the island consists of a partially stony, unreal scrubland, which ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gan (Seenu Atoll)
Gan (Div: ގަން) is the southernmost island of Addu Atoll (also known as Seenu Atoll), as well as the southernmost island of the Maldives. It is relatively large by Maldive standards. The origin of the word "Gan" is in the Sanskrit word "Grama", meaning "village". Gan is the second largest island of the atoll, after Hithadhoo, and measures in area. Gan was formerly inhabited, but its inhabitants were moved to neighbouring islands after the British naval and airbase was built. It has had continuous human habitation since very ancient times. There were large cultivated fields of yams, manioc and coconut trees on this island. A former ''havitta'' at island's east end had to be removed to build the runway. Gan has now a hotel catering for tourists and is connected by causeways to the neighbouring islands of Feydu, Maradu and Hithadhoo. This island is not to be confused with two other Maldive islands called "Gan": Gan (Huvadhu Atoll) and Gan (Laamu Atoll). Archaeology In 1922 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fuvammulah (Nyaviyani Atoll)
Fuvahmulah (Dhivehi: ފުވައްމުލައް) is an island (atoll) in the Maldives. It is under Maldives’ administrative divisions of Gnaviyani Atoll or Nyaviyani Atoll. The inhabitants speak a distinctive form of the Dhivehi language, known as "Fuvahmulaki baha.” Fuvahmulah means "Island of the Areca nut palms", ''Fuvah'' (or "Fuva") in the local language. Other places in the world like Penang in Malaysia and Guwahati in Assam, India, are also named after this nut. The original name of the island could have been Mulah, but was called Fuvahmulah (the ''Mulah'' with the areca nut palms) to distinguish it from Boli Mulah – another island in ancient Maldives. The admiralty charts and some geographers named the island ''Fua Mulaku''. In old French maps the island appeared under the name ''Poue Molluque''. History Little is known about the history of Fuvahmulah. All that remains are a few historical landmarks. These include a much damaged Buddhist stupa known locally as ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fonadhoo (Laamu Atoll)
Fonadhoo ( Dhivehi: ފޮނަދޫ) is the capital island in Laamu atoll of the Maldives. The island has three villages: Barasil (northernmost), Medhuavah (in the middle) and Kurigam (southernmost). The population of the island was around 2000 in 2013. History Most of the history (geological and behavioural) of Fonadhoo and its people has not been recorded. The island is considered a Gaamathee Rah - an island formed on a coral mountain, facing one side to the bay (Etherevari) and the other side to the open sea (Fuhtaru-Huvadhoo Kandu). It is believed that the island has a rich culture and is very much related to the history of the Maldives. Important historical places in the island include the Old Friday Mosque, a few sheltered tombs (Magbarah) and old mosques and cemeteries in many parts of the island. Geography The island is south of the country's capital, Malé. Being the administrative capital of Laamu Atoll, the atmosphere is vibrant with a lot of vegetation. Demograp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
