Business
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IT equities continue to gain
The three IT equities listed on the Malta Stock Exchange official list again experienced a positive week. The outperformer was RS2 Software plc with a further 2.7 per cent rise during this morning’s session closing at a new all-time high of €1.16...
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Daily currency report
The US Federal Reserve sent financial markets spiralling after offering the clearest hint yet that it may slow its monetary stimulus operations in the coming months. The US dollar hit another trade-weighted record high after Chairman Ben Bernanke...
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Ford to close Australia auto plants
Ford Motor Co. yesterday said it is closing its two Australian auto plants and will cease production in the country in October 2016. Ford Australia chief executive Bob Graziano said the company will close its engine plant in Geelong and its assembly...
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Nissan to recall 841,000 cars over steering glitch
Nissan Motor Co. Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan’s No.2 automaker said yesterday. Nissan is recalling certain models of the...
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Shares fall in volatile session, dollar drops
Stock markets around the world fell yesterday, extending the previous day’s steep decline on concerns over the pace of global economic growth and when the US Federal Reserve’s stimulus program would end. US stocks partially recovered from steep...
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The French perform a U-turn
Last week, French President François Hollande made what was practically a U-turn in French politics. He proposed that the EU adopts common economic governance (presumably meaning harmonised taxation, a single budget, a banking union, common economic...
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RS2 equity gains for third time this week
The share price of RS2 Software plc extended its recent positive trend with the third increase during the last four sessions of this week. The IT equity gained a further 1.4 per cent to yet another all-time high of €1.13 across two trades totalling...
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European Commission proposes upgrade for 319 key seaports
The European Commission yesterday launched a new initiative to improve port operations and onward transport connections at 319 key seaports along Europe’s coastline. The Commission said that the guidelines and legal changes being proposed will help...
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Businesses with effective indirect tax management remain a minority – KPMG
Businesses are not still prepared to deal with the people, process and technology needs that are essential to indirect taxes, according to the third annual edition of KPMG’s Benchmark Survey on VAT/GST (goods and services tax). The survey shows that...
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BoV raises profile of its strategic arm
Bank of Valletta yesterday announced that its strategic management is being given a more coherent structure with the setting up of a dedicated unit to be headed by one of its senior staff members, chief officer Joseph Camilleri. The Strategy and...
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New consumer portal for Nestlé Malta
Nestlé Malta, the local branch of the world’s leading nutrition, health and wellness products has launched an advanced portal to showcase its vast portfolio of international brands. The portal also gives easy access to customers to interact with the...
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New Uniblue CEO to propel company into tablets era
The new chief executive officer of Uniblue Systems Limited, one of Malta’s most successful ICT companies which serves international markets, would like to see more incentives that lead to the better exploitation of the opportunities for education...
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Preparing our ports for the future: making the most of a vital resource
Europe’s prosperity has always been linked to sea trade and ports, which have great potential for sustaining growth in the years ahead. As gateways to the EU’s entire transport network, they are engines of economic development. And more cargo,...
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MIM launches new book on income tax law
The Malta Institute of Management yesterday launched Principles of Maltese Income Tax Law written by Robert Attard. The book provides an up-to-date discussion of Maltese income tax legislation along with the leading decisions of the courts including...
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‘Bring your own device’ is here to stay
The concept of BYOD (bring your own device) is becoming increasingly popular and is quickly becoming widespread across many organisations. According to a Cisco Technology Report, the desire for maximum flexibility in how, where and when employees...
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The new man at the helm of Premier Capital plc
My weekly articles generally provide readers with updates on various companies that have their shares listed on the Malta Stock Exchange. In the past, I have also written reports with the aim of keeping readers informed of various developments...
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Malta’s slow burning socio-economic issues
Malta may have escaped the worst consequences of the protracting eurozone economic downturn, but no one must be fooled into thinking that our future prosperity can be guaranteed without addressing a number of serious socio-economic challenges. These...
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Lead offers training programmes for human resources recruiters
Lead Training Services in collaboration with the South Africa-based Omnicor company will offer various training programmes in the coming weeks, the first of which is targeted at experienced HR recruiters. Precision Selection Interview Skills is an...
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UN awards searching for Malta’s best e-content
Counterfeit drugs are a serious health risk and an economic issue in many African countries. In 2009, two web developers from Ghana created mPedigree, an SMS based mobile app protecting consumers from potentially harmful drugs. This solution was a...
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Stimulus measures push European shares to new high
European shares hit a new five-year high yesterday after Federal Reserve Chairman Ben Bernanke said the central bank would retain its stimulus measures until the economy improved. Analysts stayed positive on the stock market’s near-term outlook,...
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