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News

  • SingTel presents 33 per cent fall in profit

    A woman speaks on a mobile phone in front of a SingTel logo at the company’s headquarters in Singapore. Singapore Telecommunications Ltd, Southeast Asia’s largest telecommunications operator, yesterday posted a 33 per cent fall in fourth quarter net...

  • Comtec International sets up base in Tripoli

    Following a market analysis and years of providing services from Malta Comtec International has set up a base in Tripoli, Libya. Comtec is operating from its headquarters in Ben Ashour, a very central district in downtown Tripoli along with a...

  • Avanzia Taxand wins 2013 tax award

    Avanzia Taxand has again been named Best National Tax Firm by the global publication International Tax Review in recognition of the high quality integrated tax advice they provided to a vast array of international clients. Walter Cutajar, managing...

  • Konnekt partners South African specialists

    Konnekt, the San Ġwann-based recruitment firm, has partnered organisation development solutions provider Omnicor to offer employers a range of candidate assessment options. Established in South Africa in 1998 by husband and wife James Ashton and...

  • Circulation of counterfeit goods: a European campaign

    The European Commission has started a campaign which aims to raise consumer awareness and to prevent the circulation of counterfeit goods within the European market. Counterfeiting within the European Union has increased considerably in recent years...

  • BLM to introduce research products

    Business Leaders Malta is to introduce its latest product offering, BLM Research, in a bid to satisfy increased demand from the local business community for meaningful data to support decision-making. BLM Research’s first project was Employee...

  • VFM introduces UCITS Master Feeder Fund

    Valletta Fund Management Limited is enabling investors to access a portfolio of a broad range of asset classes and strategies through the Vilhena Broad Opportunities Fund. Introducing the fund, VFM head Mark Agius said the new Vilhena Broad...

  • Smart Technologies seminar on industrial IT

    Smart Technologies is holding a half-day seminar on IT solutions for the heavy industry, particularly for companies operating in manufacturing, retail, logistics and healthcare industries. The IT event, themed Technology, The Next Chapter, will be...

  • Lower interest rates from Bank of Valletta home improvements finance

    Homeowners seeking to upgrade or refurbish their homes may now take out a loan at advantageous interest rates from Bank of Valletta. Customers can use the loan to finance a number of projects ranging from regular maintenance such as decorating and...

  • Thomas Smith supports Captain Phillips filming

    Thomas Smith Group, exclusive Maersk agents in Malta, provided assistance throughout the filming of Columbia Pictures’ release Captain Philips. The Paul Greengrass-directed action thriller starring Tom Hanks is the true story of Captain Richard...

  • Anchovy named official film crew for 2013 Superyacht Cup

    Anchovy Luxury, the superyacht marketing specialist, has been named official film crew for the 2013 Superyacht Cup which takes place in Palma de Mallorca between June 19 and 22. Now in its 17th year, the Superyacht Cup is the longest running...

  • Fimbank plc appoints head of SCF in London

    Michael Marnell has joined Fimbank plc as senior vice president, head of structured commodity finance. He joins from Mizuho Corporate Bank, where he served as head of trade finance solutions EMEA in the global trade finance department. He will be...

  • RS2 Software share price regains its all-time high

    The equity of RS2 Software plc traded back up to its all-time high of €1.04 during this morning’s session of the stock exchange on increased activity amounting to 68,163 shares. The company officially inaugurated its smart processing subsidiary...

  • Tourism authorities are more confident but wary of growth

    Tourism authorities in Europe are confident that the industry will continue to grow but are keeping their eyes wide open to what is happening around them. That is the message that Petra Hedorfer, chief executive of the German National Tourist...

  • Airbus optimistic on A350 as profits rise

    Airbus expressed growing optimism about the schedule for the keenly-awaited maiden flight of its A350 yesterday, amid speculation that its first new jet in almost a decade could debut before next month’s Paris air show. Scooping headlines at the...

  • US stocks resume rise

    Wall Street stocks rose yesterday on hopes steady US growth will extend their stellar run, while the strengthening dollar curbed the appetite for oil and gold. Investors resumed purchases of stocks and other higher-return assets, reducing their...

  • Daily currency report

    The case for an end to the Federal Reserve’s stimulus programme grew after data on US retail sales extended a run of forecast-beating US economic indicators in recent weeks, keeping the US dollar elevated near last week’s record highs. However, the...

  • MSE Share Index edges minimally higher

    The MSE Share Index closed the day slightly higher at 3,367.968 points as the 2.5 per cent decline in the equity of GO plc was offset by gains in various equities including Bank of Valletta plc, Lombard Bank Malta plc, FIMBank plc and Crimsonwing...

  • Lloyds chairman stands down as government sale looms

    Lloyds Banking Group plc chairman Win Bischoff is to retire in the next year, handing the reins to a successor who must steer it through a potentially risky multibillion pound government share sale. Bischoff, 72, has overseen a restructuring and...

  • Money market report for the week ended May 10

    On Monday, May 6, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted the following day and attracted bids from euro area eligible counterparties of €110.29 billion, €5.28 billion higher...

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