Malta
Vai alla Scheda Paese »Measure 100 times and cut once.
— Maltese proverb
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HSBC shares at six-month high
The Malta Stock Echange (MSE) index fell by 0.96 per cent to end the week at 4,442.333 points, as 11 equities closed in the red. Despite HSBC Bank Malta plc shares managing to notch a positive return, the MSE was dragged lower by the negative performance of GO plc, Malta ...
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August rebound in eurozone industrial production
Eurozone industrial production stepped up in August as output increased in major factory sectors underpinning hopes for a positive contribution to GDP growth. Data published by Eurostat, Europe’s statistics office, showed that industrial production expanded by 1.6 per cent in August from July when it fell by a revised 0.7 ...
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Air Malta may end up with smaller fleet
The government will study whether to reduce the size of Air Malta’s fleet again if negotiations with Alitalia fail, according to a document released earlier last week. As negotiations on the partial sale of Air Malta to Alitalia continue, the government has signalled an alternative plan in case the talks fail. “In ...
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Tanking the future
Our Malta attractiveness survey conference has come and gone. From an event taking up a couple of hours and drawing in less than 50 participants a few years ago, it has now become the national benchmark attracting over 60 speakers and 530 delegates, all gauging the winds driving foreign direct ...
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Birdlife Malta takes on management of Salini, restored site to be opened to the public
An agreement signed today will see Salini being transferred by the Government of Malta to BirdLife Malta who will now be responsible for the management of the site. The Heads of Agreement (HOA) was signed during a ceremony at Salini this morning. Currently BirdLife Malta already manages a number of ...
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Transport Malta and University of Malta to work together on Sub-Sea Tunnel Project
Transport Malta said this morning that it has signed an agreement with the University of Malta for the latter to conduct geological and geophysical investigations in conjunction with the sub-sea tunnel between Malta and Gozo. The scientific investigations will include both desktop and field studies, passive seismic measurements, bathymetric mapping, and a ...
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INDEPTH: New power station will be operational three weeks after permit is issued
Electrogas, the company in charge of setting up the new gas power station, is all set to go as it is only waiting for the necessary permits from the local authorities before it can become fully operational.This was confirmed by engineer Catherine Halpin, Commercial Director at Electrogas Malta who was ...
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Serbian pie maker ends up in jail after revealing information during a newspaper interview
A Serbian national involved in a pie-making business gave himself away in an interview he gave to a Serbian newspaper.37-year-old Ivan Radovanic who resides in Qawra admitted in court to forging documents and living in Malta illegally. Appearing before Magistrate Monica Vella, the man was also charged with failing to ...
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'Mysterious' death could be natural; it's the second death in same flat in 8 months
A Serbian woman is helping the police with investigations following the discovery of a dead Englishman in her apartment in St Paul’s Bay on Wednesday night - the second man to die there in eight months. Police began investigating after an autopsy revealed water in the man's lungs, known as pulmonary ...
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Six shortlisted for first Social Impact Awards
Seven projects have been shortlisted for the first ever Social Impact Awards in Malta, to be held on October 25. The initiative aims to bring the private and non-profit sectors together to offer opportunities for financial and non-financial support to develop and see to fruition a project that will have ...
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Work ethics must begin at home
Employer complaints that the education system is churning out students with certificates but no employment skills barely make the headlines any more. Finding the right recruits gets more difficult when unemployment is low, making it an employee market in some sectors. Foreign recruitment is resorted to in order to fill ...
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Fair share
I refer to the front-page article entitled ‘€1.75 wage increase per week likely’ (October 11). It is misleading. The €1.75 sum would be the cost of living adjustment (COLA), not an increase in wages. The lowest wages in Malta have not increased for decades despite the economy (apparently) doing so well in ...
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Smart Mobility for Smart Cities: RFP published for Car-Sharing Services
Transport Malta has published a Request for Proposals (RFP) Concession Contract for the Operation of a National Car-Sharing Programme for the Maltese Islands. Through this call, interested parties can submit their proposals to provide a fleet of vehicles to operate a car-sharing service in Malta and Gozo particularly in strategic ...
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Updated: Minister for Finance launches Joint Enforcement Task Force to combat black economy
Minister for Finance Edward Scicluna today announced the formation of a Joint Enforcement Task Force (JET) which he said will bolster the government’s efforts at combating the black economy.Speaking during a press conference, Minister Scicluna explained that through JET, the government will channel the resources and technical knowhow of the ...
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‘Turkish MP’s assistant defaced Maltese artwork which depicted Prophet Muhammad’ - CoE source
A source within the Council of Europe has confirmed that an installation by a Maltese artist which included an edited image of the Prophet Muhammad was defaced by a Turkish MP’s assistant. The head of the Turkish delegation at the Council of Europe has apologised for the incident. The Malta ...
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Standard & Poor's upgrades Malta’s credit rating to A-, outlook stable
The Standard & Poor's credit rating agency today raised Malta's long-term rating to A- from its previous BBB+ rating, forecasting the Maltese economy to continue growing by an average of per cent per cent per annum until 2019. In a Twitter statement, Prime Minister Joseph Muscat said: #Malta lands first @spglobalratings ...
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Government commits €100 million to SMEs
Deputy Prime Minister Louis Grech, speaking during the 'Access to Finance' information session held today, said this year alone the government has already committed nearly €100 million of the 2014-2020 programmes in clear support to SMEs.Mr Grech said that €50 million grants under the new ERDF Grant Schemes and €30 ...
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Norwegian Cruise Line returns to Malta after eight-year absence
The world's leading cruise company, Norwegian Cruise Line (NCL) will next year be deploying one of its vessels back in Malta, following an absence of eight years. Embellishing the historic Valletta harbour, NCL's newly refurbished Norwegian Spirit shall be starting and ending cruises from the Island. This was announced today ...
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Malta Enterprise approves 45 projects over last 10 months, companies no longer need trading licence
Between January and September 2016, Malta Enterprise approved 45 capital investment projects worth €170 million with the prospects of creating roughly 800 new jobs, Economy Minister Chris Cardona said while visiting Trelleborg – a sealing solution company.He also announced the removal of needing a trading license to set up a ...
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Minister Mallia addresses Gaming Malta’s first networking event
The Minister for Competitiveness and Digital, Maritime and Services Economy Emmanuel Mallia yesterday addressed a well-attended first Gaming Malta networking event.Minister Mallia praised the ‘‘sheer level of professionalism’’ gaming companies in Malta portray, and has played a big part in the country’s growth and success in this industry. He added ...
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Final phases of €80 million network investment in energy - Enemalta
Enemalta plc is working on the final stages of an €80 million three-year investment to upgrade and expand major nodes of the national electricity network and improve the quality of service to its customers, thecompany said in a statement today. In 2014, Enemalta plc launched a long-term project to consolidate the ...