Urbanco - going beyond Hulhumale'

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On 4th April 2023, Urbanco, previously known as Housing Development Corporation (HDC) signed an agreement with Thoddoo Island in North Alifu Atoll in order to turn Thoddoo into a smart...

Urbanco - the new identity of HDC

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On April 1st, 2023, in an event to celebrate its 22-year anniversary, the Housing Development Corporation (HDC) rebranded the company to Urbanco.

The Head of STO dismissed

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In a predictable turn of events, on 26th March 2023, the Managing Director of the largest state owned enterprise, State Trading Organisation (STO) has been dismissed.