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Edward Zammit Lewis has defended his successor’s decision to reform Air Malta before finding a strategic partner, describing it “a different way of looking at a complex issue”. The former tourism minister insisted the restructuring being undertaken by Konrad Mizzi was a continuation of the process begun in the previous four ...

In the heart of Indonesian highlands of Tana Toraja, families dig up coffins of their ancestors that were once buried in caves, in preparation for the four-day Ma'nene celebration. The people of Tana Toraja, or "the land of Toraja", are mostly Christian, but adhere to old traditions that trace their roots ...

Recently S&P, the well-respected rating agency lowered China’s long-term sovereign rating to A+ from AA-, citing that the prolonged period of credit growth imposes risk on the country’s economic growth. One of the reasons for the increase in debt is justified by the actions taken over the past years by both ...

This week Interbrand published its Best Global Brands report for 2017. The report identifies the world’s 100 most valuable brands. To develop the report, Interbrand examines three key aspects that contribute to a brand’s value, namely, the financial performance of the branded products or service, the role the brand plays in ...

Japan’s Toshiba Corp. said yesterday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key – albeit not its last – hurdle as it scrambles for funds to stave off a potential delisting. The sale of the unit ...

On September 27, Chetcuti Cauchi Advocates invited Prime Minister Joseph Muscat, together with a representation of government officials, clients and collaborators, and colleagues to its head office in Valletta to commemorate 15 successful years of legal service. Founded in 2002, Chetcuti Cauchi experienced rapid growth, being the first firm to practise ...

A draft bill aimed at tackling food waste has been presented to President Marie Louise Coleiro Preca for her support. The draft bill, presented by Valletta Mayor Alexiei Dingli, proposes that food about to expire in supermarkets be sent to volunteer organisations and NGOs who serve food to those less ...

Maltese MEP Alfred Sant has asked EC Vice-President Valdis Dombrovskis  to reconsider the application of a one-year delay for the implementation of the Insurance Distribution Directive legislation for a period of twelve months as requested by the Maltese industry. Dr Sant intervened on behalf of ‘The Malta Insurance Association’ who ...

The MEUSAC Core Group discussed the European Commission's 'Reflection paper on the deepening of the economic and monetary union'. This is one of a series of papers published by the Commission over the past months and intended at launching an EU-wide process of reflection and debate on the future of ...

Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri announced that the government is working to create a sandbox that allows for the use of crypto currency in the iGaming industry.At the launch of a blockchain application intended for the property market and developed by a private company, ...