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  • In search of a new economic model

    A recent article of my colleague Jesmond Saliba, published in another newspaper, caught my attention. He wrote about the need to keep the individual at the centre of politics and public policy, within the perspective of the common good. I would...

  • Eurozone growth stumbles but firms ‘more optimistic’

    Eurozone business growth was weaker than expected this month but firms increased staffing levels at the fastest rate in four years, suggesting they were becoming increasingly optimistic, a survey showed yesterday. Any signs of growth, alongside...

  • Greek optimism about imminent deal is not justified – Schaeuble

    Greek optimism about imminent deal is not justified – Schaeuble

    German Finance Minister Wolfgang Schaeuble said the Greek government’s optimism about clinching a cash-for-reforms deal with its lenders in days was not backed up by negotiations and he could not rule out Greece becoming insolvent. Greek Prime...

  • Stocks rise as investors look past mixed data and oil jumps

    Equity markets inched ahead yesterday, with investors brushing aside mixed economic data in Europe and the United States, while the dollar slipped after a three-day rally and US Treasury yields declined. Oil prices rallied almost three per cent,...

  • Company briefs

    HSBC Bank’s commitment to gender diversity has earned it a spot in the global ‘The Times Top 50 Employers for Women 2015’. The UK newspaper recognised HSBC for prioritising gender diversity in its business strategy, according to the annual list...

  • Share index hits 2-week high

    The share index moved back into positive territory with a 0.2 per cent increase to reach a new two-week high of 3,791.012 points largely driven by the 1.6 per cent rebound in the share price of HSBC as it regained the €1.83 level across 11 deals...

  • Calamatta Cuschieri open new branch in Sliema

    Calamatta Cuschieri have opened a new branch in Tower Road, Sliema. The new branch offers a full range of financial services including investment advice, savings plans, retirement planning, wealth management and online trading. Investment Services...

  • Opposing reviews for shop scheme

    Opposing reviews for shop scheme

    A scheme to give Valletta shop tenants stronger title over properties currently leased from the government has received opposing reviews from two business associations in the capital. The Republic Street Business Community Association believes...

  • Dairy sector facing fresh challenges

    Dairy sector facing fresh challenges

    The €57 million investment in the dairy sector has helped it to survive the changes brought about by EU membership, but it now faces new risks that investment alone might not smooth over. A study by Philip von Brockdorff and Gaetano Buttigieg for...

  • Local R&D unit solves UK hospital problem

    Local R&D unit solves UK hospital problem

    It may not be immediately clear why a local IT software company could clinch a major deal because hospitals in the UK are trying to save money... Even when you find out that one of the ways hospitals are doing this is by installing double...

  • New marina blows life into yachting sector

    New marina blows life into yachting sector

    The construction of a new marina at Sa Maison is being eagerly anticipated by stakeholders in the yachting sector, who believe that it will stimulate demand for boats as well as for all the services and products they require. For years, the lack...

  • Reporting changes may improve property statistics

    Reporting changes may improve property statistics

    Property statistics should become far more useful to policymakers in the coming months, thanks to various changes being made to improve the way they are collected. As of July 1, the purchaser will need to fill in a form listing additional details...

  • Common Reporting Standards – another challenge for bank reporting

    Common Reporting Standards – another challenge for bank reporting

    The introduction of Common Reporting Standards (CRS) by the end of this year could be one of the biggest challenges that Malta – like various other EU jurisdictions – is going to face, Sparkasse managing director Paul Mifsud believes. The CRS are...

  • ‘Precarious’ future for shop tenants

    Business thrives on competition and competition thrives on level playing fields. Alas, the situation with regard to shops in Valletta is about as level as the Alps. The lucky ones are the shop owners who have their own premises as they have...

  • Public finances on the mend

    Public finances on the mend

    The European Commission’s recommendation to lift the excessive deficit procedure is evidence that Malta’s public finances are back on track. It also signifies that the requirements of the stability and growth pact are practically being met. There...

  • President for IFSP

    President for IFSP

    Juanita Bencini, a partner at KPMG, was elected president of the Institute of Financial Services Practitioners. This is the first time the institute has been headed by a woman in its 26-year history. Other officers appointed to council include...

  • New head for CILT

    Miriam Camilleri is the new chairman of the Chartered Institute of Logistics & Transport Malta. Ms Camilleri has considerable experience and involvement in the transport industry and has been part of the institute for several years, including as...

  • The 2015 dividend league table

    The 2015 dividend league table

    An article on the dividend league table has now become an annual event following the conclusion of the annual financial reporting season on April 30. The dividend league table is based on the net dividend yield and not the gross yield by each of...

  • Universe card – a brand-new payment card

    Universe card – a brand-new payment card

    Living your life to the maximum is possible with the Universe card – a brand-new payment card for people who are going places. With worldwide benefits and complete with 24/7 global concierge services, it is a guaranteed gateway to the high...

  • Fitch reviews BOV support rating

    Fitch reviews BOV support rating

    Fitch Ratings are currently reviewing the issue of sovereign support for banks globally. As part of this exercise, the agency has announced that BOV’s support rating has been reviewed downwards from ‘2’ to ‘5’. The support rating evaluates the...