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  • RC44 Valletta Cup set to leave €1.6m in economy

    RC44 Valletta Cup set to leave €1.6m in economy

    The local organisers of the RC44 Valletta Cup estimate that the yachting race will leave €1.6 million in the local economy, up from their original estimate of €1.2 million. Most of the 11 boats taking part in the race, between Wednesday and next...

  • Actavis completes Allergan acquisition

    Actavis plc has completed the acquisition of Allergan Inc. in a cash and equity transaction valued at approximately $70.5 billion (€65bn). The combination creates one of the world’s top 10 pharmaceutical companies by sales revenue, with combined...

  • Vodafone extends family-friendly measures

    Vodafone extends family-friendly measures

    Vodafone has extended the maternity leave it offers by three weeks beyond the statutory 14 weeks and is also paying full wages for six months to those who work reduced hours. Following in the footsteps of the Vodafone Group’s approach, the local...

  • Emirates contributes to 660 Maltese jobs

    Emirates contributes to the direct, indirect and induced employment of 660 Maltese people in Dubai and for its daily operations in Malta. Across the EU in 2013-2014, Emirates supported 85,100 jobs, equivalent to €6.8 billion. In addition,...

  • Black Sheep Revolution launch

    A networking event is being held on Thursday, March 26, to launch the Black Sheep Revolution (BSR), a company that offers coaching and consultancy services to businesses and individuals. The event will be held at the EC Test Centre, St Julian’s...

  • Employment Law Webinar

    A free 60-minute webinar is being organised by the Employment Law Alliance on Tuesday, March 31 entitled Employee Data Privacy in the EU – The Essentials for Multinational Employers. Data protection is one of the trickiest topics multinational...

  • EU fund advisory launched

    Backed by their years of experience at the government’s Planning and Priorities Coordination Division, Ray Bartolo and Trevor Fenech have set up European­Funds.info to offer solutions to public, private and non-profit organisations seeking to...

  • HSBC Contact Centre takes on apprentices

    HSBC Contact Centre takes on apprentices

    HSBC UK Contact Centre Malta (HBEU) will welcome students from the Malta College of Arts, Science and Technology (Mcast) as apprentices. The 10 students selected will immerse themselves in the work environment for between three and 16 weeks. The...

  • Global trade and investment barriers persist – EU report

    Global trade and investment barriers persist – EU report

    The EU’s strategic economic partners – Argentina, Brazil, China, India, Japan, Russia and the US – maintain a variety of barriers that significantly hinder international trade and investment opportunities of EU companies. This is the conclusion of...

  • Go to launch 4G this year

    Go will be launching 4G this year, being provided through an agreement with Nokia Networks, which will include a major overhaul of Go’s national Radio Access Network. Kelvin Camenzuli, Go’s chief technical officer, said: “This substantial...

  • 53% rise in recycling

    In 2014, Greenpak collected 53 per cent more recyclable materials than in 2013. Local councils last year collected 48.2kg of recyclable materials per capita, compared to 39.8kg per capita in 2013. There was a 64 per cent rise in paper collections,...

  • Eurozone Forecast event to be held by EY Malta

    As part of its Eurozone Forecast initiative, EY Malta, supported by the Ministry for Finance and the University of Malta, is holding its second in a series of events related to the Maltese economy. The event will include a round-up of the latest...

  • Melita reconfirmed fastest internet provider

    Melita’s fibre power internet has again been confirmed as the fastest internet in Malta. According to the international independent website www.netindex.com, in February, subscribers of Melita’s fibre power internet were enjoying average download...

  • MSE index rises 13% year-to-date

    MSE index rises 13% year-to-date

    Last week, the Malta Stock Ex­change (MSE) index put together some solid gains, as shares of financial companies – particularly Bank of Valletta plc (BOV) and Middlesea Insurance plc (MSI) – soared in value. One other major contributor to the...

  • US Fed loses ‘patience’ over zero interest rate

    At the end of its monetary policy meeting last week, the Federal Reserve gave its first warning that it is going to start hiking interest rates – sometime. Living up to expectations, the Fed Open Market Committee dropped the word “patient” from...

  • Company briefs

    Software and design company Steampunk Wizards has launched its flagship gaming app, Bungee Mummy: King’s Escape. Bungee Mummy: King’s Escape combines risk taking, sharp reflexes and pure adventure but unlike any other mobile game, King Phero...

  • A recruitment agency can help with your job search

    A recruitment agency can help with your job search

    Private recruitment agencies started operating commercially in Malta in the 1980s, offering recruitment services of a general nature. In 1995, specific legislation was introduced to regulate the duties and obligations provided by such agencies (LN...

  • Harley-Davidson to plant 50 million trees worldwide by 2025

    Harley-Davidson to plant 50 million trees worldwide by 2025

    Harley-Davidson Malta and HOG Malta Chapter are partnering with Harley-Davidson in mobilising its community of riders to raise funds to plant 50 million trees worldwide by 2025 as part of the Renew the Ride initiative. Dedicated to the goal of...

  • Young architects launch monorail project online

    In December 2014, the monorail was touted as the ‘ultimate solution’ for urban mobility in a submission for an EU investment initiative. Although details of the proposed 79-km route quoted in the document has since been kept under wraps, the...

  • This is the perfect time to invest in Malta

    This is the perfect time to invest in Malta

    “There’s no time like the present.” This saying holds true for foreign buyers who are looking to invest in stable European property markets. The current exchange rates (sterling hitting £1.40 against the euro this month, and the dollar at...