News
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Crwd Gift wins Malta’s first Startup Weekend
Crwd Gift is the winning venture of Malta’s first ever Startup Weekend, held at Smart City Malta earlier this month. Saħħa and Dash Thru were the first and second runners-up respectively. The weekend was well-attended by talented developers, great...
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Paul Agius Delicata appointed CEO of Gasco Energy Ltd
Gasco Energy Ltd, the company operating a fully certified LPG importation terminal, storage and bottling complex in Bengħajsa, inaugurated last November, has appointed Paul Agius Delicata as its chief executive officer. Roberto Capelluto, who has...
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BOV holds blood donation drive for its employees on World Blood Donor Day
Bank of Valletta recently organised yet another blood donation drive for its employees at the its head office in Santa Venera as part of its ongoing corporate social responsibility initiatives, held in collaboration with the National Blood...
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EU tries to persuade France to back US free trade talks
EU states yesterday sought to reassure France that its culture would be shielded from the might of Hollywood and Silicon Valley, urging Paris not to block a free-trade deal with the US that could boost transatlantic business. Paris has refused to...
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RS2 Software continues to rally
The Malta Stock Exchange index maintained its positive ground as it is increased by a further 0.6 per cent to end the week at 3,411 points. The MSE registered gains in four sessions but suffered a marginal decline on Thursday, to be offset by a 0.7...
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European shares take comfort on Fed from weak US data
European shares finished firmer yesterday, supported by signs of merger and acquisition activity in the region and by weak US economic data backing the case for central bank stimulus. Industrial output in the world’s biggest economy unexpectedly...
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Daily currency report
Stock markets across the globe enjoyed a more successful day on the back of the positive signs of economic recovery revealed in the US, with the Nikkei 225 and Dow Jones in particular profiting as a result. On the currency front, the dollar fought...
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Positive day for local equities
Most of the equities active during this morning’s session closed higher lifting the MSE Share Index up 0.7 per cent to a fresh two-year high of 3,411.427 points. The equity of RS2 Software plc was once again the star performer with a further 6.3 per...
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Reforms and managing expectations
The tune-in fora where economic problems are discussed, appears to be changing. Up to a few weeks ago, balancing the budget and bringing public finances under control was considered as the solution to all problems and took priority over measures to...
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European shares end broadly steady, off the day’s lows
European shares ended broadly steady yesterday, recovering from the session’s lows after upbeat US retail sales and a drop in jobless claims prompted bargain hunters to pick up battered mining and banking stocks. The better-than-expected US data...
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France threatens to block start of EU-US trade talks
France threatened to block the start of free trade talks between the EU and the US if movies and digital media are not kept out of the negotiations. Two days before EU countries are supposed to give the go-ahead for negotiations, France said it...
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Daily currency report
The UK was on the receiving end of some good news after it was announced that the number of unemployed people fell by 5k to 2.51m in April this year, combined with a sharp drop in those claiming unemployment benefits by 8.5k in May. The latter was...
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RS2 Software share price at new highs
The share price of RS2 Software plc reached new highs during this morning’s session as demand for the IT equity intensified following yesterday’s revelation that a large bank based in the UK is interested in purchasing 10 per cent of the company’s...
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Agency to promote sale of property in Malta
The Federation of Estate Agents is working with another entity to create an agency that would promote the sale of property in Malta to foreigners under the new Global Residence Scheme announced recently by the Government. Federation president Ian...
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Malta near top in training hours
Malta ranked second within the EU for the number of vocational training hours, with an average of 40 hours per employee, compared to the EU average of 25 (2010 figures). Eurostat reported that the number of hours ranged from 14 hours per participant...
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Up to €80m worth of bond issues possible
The Stock Exchange has published its “tentative” listing calendar, indicating three corporate bond issues between July and September which could add up to €80 million. The calendar indicates a €10m bond issue in July, and two in September for...
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Commission proposes wider tax information exchange
The European Commission has proposed extending the automatic exchange of information between EU tax administrations, as part of the intensified fight against tax evasion. Under the proposal, dividends, capital gains, all other forms of financial...
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Vodafone in a business partnership with Airline Pilots Association Malta
Vodafone Malta has reached a business agreement with Alpa Malta, wherein Malta’s leading telecoms company will offer the organisation’s members special benefits on its already competitive mobile telephony and internet services. The communication...
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Smart City Malta sponsors e-Journalism category
Smart City Malta will once again be sponsoring the E-Journalism category of the 23rd edition of the Malta Journalism Awards. The sponsorship was presented during the recent announcement of the finalists at Smart City Malta – the first time that...
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Malta Sotheby’s International Realty appoints UK representative
Malta Sotheby’s International Realty has appointed Richard Elliot- Square as its UK representative. The move comes soon after CSB Group introduced Sotheby’s International Realty brand to Malta. The move is aimed at establishing a company presence in...
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