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Vanessa Macdonald

  • Greek Bank seeking legal advice over Lombard bid

    Greek Bank seeking legal advice over Lombard bid

    The Investment Bank of Greece is seeking legal advice on Lombard Bank’s intention to bid for the 49.01 per cent of its shares held by Cyprus Popular Bank before deciding how to vote during Thursday’s annual general meeting. IBG is handling the...

  • Blockchain strategy approved by Cabinet

    Blockchain strategy approved by Cabinet

    Cabinet has approved a blockchain strategy which would soon be issued for public consultation, making Malta one of the first countries in the world to have a national strategy, Prime Minister Joseph Muscat said yesterday. Blockchain is the...

  • Lombard bid for Cypriot bank raises concerns

    Lombard bid for Cypriot bank raises concerns

    Lombard Bank’s intention to bid for a 49.01 per cent shareholding of Cyprus Popular Bank raises financial, regulatory and ethical concerns as well as potentially legal ones, according to sources. The Cypriot bank had to be bailed out during the...

  • Over 500 complaints to financial arbiter in one year

    Over 500 complaints to  financial arbiter in one year

    The Arbiter for Financial Services has already received 551 complaints in the year since his office was established. Many of them, however, relate to one particular case that has already been heard by the Malta Financial Services Authority. “Some...

  • First two SMEs listed through Prospects platform

    First two SMEs listed through Prospects platform

    The first two companies have listed on the Malta Stock Exchange through the Prospects platform, launched a year ago to offer a cost-effective option for SMEs. The Times of Malta reported a few weeks ago that an Italian company, SFA SpA, was to...

  • Temporary work permits for language students suggested as length of stays drops 'dramatically'

    Temporary work permits for language students suggested as length of stays drops 'dramatically'

    Language students should be allowed to work in Malta, as an incentive to stay here longer, the Federation of English Language Teaching Organisations Malta (Feltom) has said. It made its suggestion to the authorities in view of a drop in the number...

  • Privatisation Unit mum over logistic hub bids

    Privatisation Unit mum over logistic hub bids

    The Privatisation Unit has referred to the Economy Ministry questions about bids received for the logistics hub in Ħal Far, which closed on Monday. The ministry did not reply to questions made on Monday about whether bids were received for the...

  • Owners of Nemea Bank to appeal ECB decision

    Owners of Nemea Bank to appeal ECB decision

    The Finnish owners of Nemea Bank are likely to appeal against the withdrawal of their licence by the European Central Bank, insisting it had been sufficiently capitalised. The shareholders have 30 days in which to apply for cancellation of the...

  • ‘Malta could be next Oman’ – Medserv

    ‘Malta could be next Oman’ – Medserv

    ‘Malta could become the next Oman’, according to Medserv chairman Anthony Diacono, who was referring to the island’s potential to replicate his company’s recent success in securing a multimillion-dollar deal in Oman. Medserv’s Middle East...

  • 3,824 properties on AirBnB

    3,824 properties on AirBnB

    There were almost 4,000 properties in Malta available at the end of December to host tourists via AirBnb, according to research obtained by CasaRooms. This marks a dramatic increase over the past five years, when around two dozen were listed on...