Business
Comment
Unravelling the public buses ride
The buy-out negotiated by the government with bus owners did not go down very well. It was not just the Chamber of Commerce and Enterprise that...
The CEO pay slice
There is now intense debate about how the pay levels of top executives compare with the compensation given to rank-and-file employees. But, while...
Brazenly elitist teacher recruitment
As the election campaign in the UK goes into top gear, Conservative leader David Cameron has pledged to adopt a "brazenly elitist"...
America's growth in the decade ahead
Although the strength of the US economy in 2010 remains uncertain, it is important to look ahead to its likely performance in the coming decade....
Supermarket wars
The local supermarket industry has experienced disruptive change. The status quo has been challenged and I suspect the losers are the incumbents...
Islamic finance and constitutional requirements
Islamic finance in Malta has now been in the spotlight for nearly three years. In 2008, the Malta Financial Services Authority had issued a...
The bogey of inflation
How real is the danger of inflation for the world economy? Opinion on this matter is divided between conservative economists and official bodies...
Features
European Law Report - Procurement challenges
Companies competing for public contracts have been given a boost by a European court victory in a case filed by a Sheffield-based surgical...
Stock Market Review - Maltapost registers 10% rise in pre-tax profits mainly on cost efficiencies
The September 2009 full-year results published by Maltapost on January 21show a 10 per cent rise in pre-tax profits to €3.2 million. Few...
Weekly Market Commentary - Recession and recovery correlations fading
The US dollar continues to be the best performer, now boasting three consecutive weeks of appreciation against the euro. The greenback rallied on...
News
Services Directive: Implementation satisfactory but still incomplete
Malta has been placed with the group of countries which have "moderately implemented" the provisions of the EU's services directive in a...
Moody's praises Malta's economic resilience
Malta's A1 government ratings reflect the country's high economic resiliency and its very high financial robustness, according to Moody's...
Pay Monthly €15 from Go mobile
With the Pay Monthly €15 tariff plan from Go customers benefit from free voice and SMS bundles to be used anytime, anywhere. For a monthly...
SMS notification service from BoV
Bank of Valletta has launched the BoV SMS Notification Service, a convenient way for customers to receive information regarding accounts currently...
Le Méridien launches portal
Le Méridien St Julians Hotel & Spa has launched a conference and meetings portal at www.lemeridienmalta.com/meetings.
The portal is an...
Melita offer for subscribers switching to digital
Melita is encouraging subscribers to switch from the "Reception" package to its Digital M plan at €7.76 per month with five months'...
Vodafone winter sale
Vodafone has launched a winter sale across its network of stores where a choice of models from brands like Nokia, LG, HTC, Samsung and Vodafone...
Azimut 53 is Motorboat of the Year
The Azimut 53, the new motoryacht by the Italian Azimut|Benetti Group, has been awarded Motorboat of the Year 2010 by a selected team of...
Labour woos the business sector
The Labour Party's decision to set up a business forum can be seen as an attempt by Labour leader Joseph Muscat to engage with a part of Maltese...
Ireland's high pain threshold begins to impress
Ireland has begun to convince investors it has the public and political will to sustain financial pain long enough to heal its economy and inspire...
Economic sentiment in the EU approaching long-term average
In January the Economic Sentiment Indicator rose for the 10th successive month and stood at 97.1 (+2.1 points) in the European Union and 95.7...
Pendergardens to hand over 126 apartments to owners in April
Pendergardens, the €140 million mixed-use development in the heart of St Julians, is to hand over 126 finished apartments with garages to its...
HSBC to open flagship Premier branch this year
HSBC Bank Malta is to open a flagship Premier branch this year according to the high-end proposition's new group-wide blueprint, Andy Ripley, the...
Yellow Pages sponsor tree-planting event
Yellow Pages (Malta) Ltd recently sponsored a special tree-planting event at the Marsa Public Gardens, very close to where the company's offices...
Bank of England to stop pumping cash
The Bank of England is today expected to call an end to its radical policy of pumping out new money after Britain narrowly emerged from recession...
Indian mobiles fall silent over tower dispute
Mobile phone companies in India reacted furiously yesterday after authorities shut down hundreds of allegedly illegal towers and left tens of...
Honda Motor earnings boosted by strong Asian sales
Honda Motor, Japan's second largest automaker, said yesterday its profit soared almost seven-fold in the latest quarter from a year earlier,...
Portugal PM slams credit rating agencies
Portuguese Prime Minister José Socrates said doubts over his country's public finances were without foundation and attacked the credibility...
Air China needs 400 planes in next five to six years
Air China expects to expand its fleet by 400 planes in the next five to six years to meet soaring travel demand at home, a company official said...
Roche annual profit down after buyout
Swiss pharmaceutical giant Roche yesterday said its net profit fell 22 per cent last year due to its buyout of US biotechnology unit...
Toyota's safety woes spread to Prius brakes
Toyota Motor, reeling from a public-relations fiasco over accelerator problems, yesterday reported dozens of complaints in North America and Japan...
Seven businessmen murdered in Siberia
The bodies of seven local businesspeople, including five women, have been found on a remote road in Siberia after being shot and stabbed to death,...
Forthcoming EU-related events
February 18, EU Finance Day for SMEs, The Hague.
EU Finance Day for SMEs is a series of events in the member states that the European Commission...
BoV to launch bond issue in second quarter
Bank of Valletta is planning to launch a bond issue in the second quarter of the year to coincide with the redemption of the current subordinated...
Corinthia plans €15m bond issue
Corinthia Finance has submitted an application to the Malta Stock Exchange to offer €15 million in new bonds redeemable in 2019, but which...
Mediterranean Bank introduces fixed term deposit at 4.5% interest
Mediterranean Bank recently launched its three-year euro fixed term deposit account with an interest rate of 4.5 per cent per annum. This broadens...
MIA supports Malta Business Forum in Vienna
Malta Enterprise and The Malta Chamber of Commerce, Enterprise and Industry recently led a business delegation of some 30 participants to Austria...
Greek PM orders tough austerity measures
The Greek Prime Minister has ordered a public salary freeze, a higher retirement age and a hike in petrol prices in a desperate bid to tame a debt...
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