News

New Nippon Paint showroom opens

Feb 3, 2012 STO opens brand new showroom to promote Nippon Paint, one of Asia's largest paint manufactures and a company that aims to develop innovative and technologically advanced paint products that will enhance beauty and protect our surroundings.

Fuel Price Reduction (Diesel and Petrol)

Jan 4, 2012 STO announces immediate reduction in the retail prices of diesel and petrol. This change results from the import duty waiver that came in to effect on 1st January and passes the cost savings directly on to the public. Revised prices of diesel and petrol are Rf15.03/L and Rf15.02/L respectively.

Test flight lands at new Fuvahmulah Airport

Oct 31, 2011 An Island Aviation aircraft landed today at Fuvahmulah Airport as part of a test run of the new airport being developed by State Trading Organization plc. Commissioning is expected in time for the 17th SAARC Summit.   Download photos

Fuvahmulah Airport Dhekun

Oct 21, 2011 MJM school of Fuvahmulah holds a traditional dhekun in support of the workers building Fuvahmulah Airport. Students, parents and staff of MJM arrived in ceremony at the site in the late afternoon, and thereafter took a tour of the site.   Download photos

Bringing essential food items to market for Ramazan at affordable prices

Aug 15, 2011 As with previous years during Ramazan, STO took special measures to put essential food items on the market at affordable prices.

Nippon Paint Challenge 2011

Jul 4, 2011 STO launches an exciting new promotion for Nippon Paint Colour Creations™. Customers who purchase Nippon paint during the month of July can enter the Nippon Paint Challenge 2011 by enrolling the property they intend to paint. The customer who does the most impressive painting takes their money back!

Clean Reef Campaign 2011

Jun 5, 2011 To mark the World Environment Day this year, STO holds a special event in association with DiveClub Maldives. A group of 30 people including divers cleaned the patch of the reef opposite Malé Local Market. A large amount of plastic and metal waste were extracted from the reef and moved to the the municipal waste yard.   Get photos

STO Holds Annual General Meeting 2010

Jun 1, 2011 The AGM 2010 was held at Traders Hotel Ballroom on 31st May 2011 (Tuesday) at 9.00 pm.

'Makita For Every Home' and 'Nippon Art Festival'

May 15, 2011 To promote Makita and Nippon products STO holds a colourful outdoor event near Jumhooree Maidhaan. A group of talented artists made a large piece of metal artwork on sheet iron with Makita power drills and painted a huge mural with Nippon paints.   Download photos

STO Issues Press Statement Clarifying its Corporate Credit Card Policy

Mar 28, 2011

STO Enters One-Year Fuel Supply Agreement with GMR Malé International Airport

Mar 10, 2011 State Trading Organization and GMR Malé International Airport today signed a 'procurement, supply and delivery' agreement for aviation fuel and marine gas oil. The one-year deal is valued at around USD 140 million.