
Business

Comment
NSO indices beg explanations from government and MRA
The protest march against the hike in utility tariffs organised by a number of trade unions did not lead anywhere at all. The government ignored...

Walking the fiscal tightrope
The optimistic mood with which the world started this year is slowly evaporating. Once again the business media is talking about the major risks...
The global roots of euro-jitters
It is too simplistic to explain the current wave of concern about the euro in terms of Greece's problems. Greece has massive fiscal and...
Will Greece go to the IMF?
Traditionally, "you should go to the IMF" was not something you would say to friendly neighbours and close allies. Over the past few...
What's happening on the Asian front?
After the record lows of the euro and pound sterling against the US dollar last week, a correction consolidation is under way. These two...

Features

Say goodbye to late payments
Companies may shortly be able to obtain the reimbursement of moneys due to them by public authorities more quickly. Discussions within the...

IHI launches its sixth bond issue since its inception 10 years ago
International Hotel Investments plc, the 59 per cent owned subsidiary of the Corinthia Group, launched a new €25 million bond issue last week...
A new international regime for cargo claims
On February 3, the Malta Maritime Law Association organised a public seminar on The Rotterdam Rules - A new international regime for Cargo Claims....

News
Remote gaming - LGA insists EU principles of free movement reign supreme
There appears to be no uniformity in the opinions on remote gaming passporting delivered by the European Court of Justice and Malta's regulator...
Deutsche Bank granted banking licence in Malta
Deutsche Bank has been granted a banking licence by the Malta Financial Services Authority, thereby increasing the number of reputable...

News/Weekly Market Commentary - Melita plans HD programming launch in time for World Cup
Melita is to launch high definition programming and a state-of-the-art personal video recorder set-top box in time for the 2010 World Cup, company...

Michael Debono Ltd introduces new Toyota high reach trucks
Michael Debono Ltd, official representatives of Toyota Material Handling Equipment, have introduced a new generation of Toyota's BT Reflex high...
Yellow Pages (Malta) acquires website development company
Yellow Pages (Malta) Ltd has recently acquired a leading website development company in a bid to continue in its upward growth trend. Zheta Ltd,...
JCI's competition focuses on business plan training
Training and providing one-to-one guidance sessions will be the hallmarks of the ninth annual Best Business Plan Competition organised by Junior...
Car service firm installs high-tech diagnostics system
John's AutoCare of Qormi, the specialised automotive service and repair subsidiary of John's Group, has invested in top-of-the-range Bosch service...

Middlesea Insurance plans new products, customer charter
Now that it has written off the losses incurred from the investment in Italian subsidiary Progress Assicurazioni SpA over the past 24 months,...
Paradise Bay hotel upgraded
Paradise Bay Resort Hotel's property management system has been upgraded utilising the latest software available in the hospitality sector.
The...
Bupa offers direct settlement with MLS
Under a new agreement signed with Medical Laboratory Services Limited, Bupa customers will benefit from a direct settlement system for in-patient...
Exports up €24m in January
Exports increased by €24.6 million in January, compared to January last year, while imports were down by €54.2 million, according to NSO...
Tax revenue from Gozo declines
Government revenue from income tax in Gozo declined to €23.2 million in 2008 from €27 million the year before but it was still more than...

300 CEOs of leading European power transmission distributors for Malta meeting
Nearly 300 CEOs and executives from the global power transmission and motion control (PT/MC) industry are to meet in Malta this September for...

Local launch for Fairline Squadron 41 next year
The next addition to Fairline's Squadron range - the Squadron 41 flybridge motor yacht - will be available in most markets this summer and will...
European Institute of Education sponsors seminar on sustainable energy at Villa Bighi
The European Institute of Education is to sponsor a seminar on sustainable energy organised by the Institute for Sustainable Energy of the...

Malta's first Aldo store to open at The Point
Aldo, the Canadian-born fashion footwear and accessory maker, is one in a collection of new brands to be launched in Malta at The Point, Sliema,...
68 per cent of packaging generated in Żejtun recycled
The waste recycling education campaign together with the distribution of "Green Recycling Sacks" launched last month in Żejtun is...

Countries must focus on jobs, finances after crisis - OECD
Governments must now focus on the key issue of securing jobs and bolstering their finances as they scale down the measures taken to cope with the...

New services come online at www.gasan.com
The Gasan Group has upgraded and revamped its website, encompassing all the group's divisions into one extensive online portfolio.
The aim behind...

MSC Favolosa to be delivered in June 2012
MSC Crociere has signed a letter of intent for the delivery of a new ship in June 2012, to join the 11 new vessels built in the last seven...
New president for AmCham Malta
Pierre Attard has been elected president of AmCham Malta, the American Chamber of Commerce in Malta. Mr Attard is a chartered management...
Frank Salt publishes The Landlord's Guide to Letting
Frank Salt Real Estate has put together a guidebook that explains the best way to rent out a property, while highlighting what is expected of the...
Breakfast seminar on public sector efficiency
The Malta Institute of Management is organising a business breakfast seminar themed "Public sector efficiency for private sector...
HSBC Foundation consolidates bank's three local charities
HSBC Bank Malta plc is to set up the HSBC Foundation to better integrate the bank's corporate sustainability programmes, it was announced...
Emirates flights to Malaysia
Emirates, the international airline of the United Arab Emirates, has added an extra daily connection between its home base of Dubai and the...

Tourism eyes sunnier days as world's top fair opens
The world's largest tourism fair, the ITB, kicked off in Berlin yesterday with the global travel industry hoping for better times following a...
Chile quake runs up $7b insurance bill
Reinsurance giant Swiss Re yesterday estimated insurers will have to pay up to $7 billion for damages arising from the deadly earthquake in...
Italian economy shrinks 0.3 per cent in Q4
Italy's economy shrank 0.3 per cent in the fourth quarter of 2009, a slightly bigger contraction than first reported, national statistics agency...
Experts brand proposed EMF 'a distracting sideshow'
Talk of a European version of the International Monetary Fund to rescue errant EU states is little more than a distracting sideshow, according to...
Brown warns of risks for British economy, confirms Budget date
The British government will unveil a pre-election Budget in two weeks' time, Prime Minister Gordon Brown said yesterday, fuelling expectations of...
EU probe into transatlantic airline alliance nears end
European competition enforcers yesterday indicated that a probe into a transatlantic tie-up between British Airways, American Airlines and Iberia...
Greece to be crippled by strike today
A sweeping strike is set to cripple Greece today in the second such protest in a fortnight against debt-driven austerity measures.
Government...
Geely secures financing to buy Volvo
Chinese carmaker Geely has secured financing from Chinese financial institutes and regional authorities, for planned purchase of Volvo Cars from...
Forthcoming EU-related activities
March 24, The Calypso Study: Preliminary Findings and the Way Forward, Brussels.
This workshop is intended as a general consultation exercise...
Portfolio, investment management seminar for BoV financial advisors
Investment management techniques and portfolio management came under the spotlight at a one-day Bank of Valletta seminar for its financial...
Ford becomes top US carmaker
The Ford Motor Company was the top carmaker by sales in the United States last month, overtaking General Motors in the monthly sales tables for...
IHI announces €25m 10-year bond issue
International Hotel Investments plc is to issue €25 million 10-year bonds bearing an interest rate of 6.25 per cent per annum. The bonds are...
European strategy for smart, sustainable and inclusive growth
As a follow-up to the consultation process on the post-Lisbon Strategy, the European Commission last week published its proposals for the EU2020...
Malta's largest ever corporate issue over-subscribed
Bank of Valletta plc's €50 million 4.80 per cent subordinated bonds offer was over-subscribed on Monday. The offer closed within hours of...







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