A new business section dedicated to the growing sector of logistics has been set up within the Malta Chamber of Commerce. The chairman of the new committee is Robert C. Aquilina, who is chairman of the Salvo Grima Group. Mr Aquilina said Malta was experiencing an unprecedented growth in logistics, which underlined the timeliness of setting up such a committee.
“I am happy to once again be of service to the business community as chairman of this committee within the Malta Chamber. I intend to lead the vastly experienced members of the committee for the benefit of the sector and the Maltese economy in general,” said Mr Aquilina.
The five-member committee is composed of Mr Aquilina (Salvo Grima Group) as chairman, David Fleri Soler (Express Trailers Ltd) as deputy chairman, and Hugh Arrigo (Attard & Co Industrial Ltd), Pierre Attard (CMA CGM Malta Agency Ltd) and Ronald Attard (EY) as members.
The logistics business has been registering a steady interest recently and it was given due attention in the Chamber’s ‘Economic Vision for Malta 2014-2020’ and subsequently in EY’s document outlining sectors for growth this year.
APS Bank launches new 7-year deposit account
The 14th ‘APS Kapital Plus’ Deposit Account is now available to the public. This ‘Kapital Plus’ is a seven-year term deposit account paying a regular interest rate, with the capital guaranteed by APS Bank.
The account is linked to the performance of the Euro Stoxx 50®, a stock index that represents the leading blue chip companies covering 50 stocks from 12 eurozone countries. Through this structure, the account will benefit from a fixed interest rate of 0.7 per cent per annum plus an annual bonus.
‘Kapital Plus’ account holders may deposit a minimum of €5,000 and the deposit account is available for a limited time only. Anyone depositing funds in this account will also be protected by the Depositor Compensation Scheme.
One may send an e-mail to invest@apsbank.com.mt, visit the bank’s website on www.apsbank.com.mt/kapitalplus or phone 2122 6644 for more information.
Calamatta Cuschieri launches its online live trading platform on Malta Stock Exchange
Calamatta Cuschieri has just launched live trading on the Malta Stock Exchange via its online trading platform CCTrader.
Investors using the platform now also have access to the live order book for each individual security and are therefore able to view volumes as well as the corresponding ask and bid prices on the exchange before entering orders. This new functionality will help investors gauge demand and supply for all instruments trading on the exchange.
Alan Cuschieri, co-CEO at Calamatta Cuschieri said: “Once again we are pleased to announce another first for Malta, this time on the local stock exchange. We believe that this is a revolution for investors who invest on the Malta Stock Exchange and that it will facilitate local investors immensely.”
Calamatta Cuschieri is one of Malta’s largest financial services firms that pioneered the local industry as early as 1972. Today the company offers a full range of services, including independent investment advice, live online trading, investment management, capital markets and fund services. For more information one may call on 2568 8888 or visit www.cctrader.com.