News
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Cooling prices, falling imports highlight eurozone’s malaise
Falling prices in Germany and France pulled eurozone consumer inflation to a three-year low in April while imports fell 10 per cent in March, as new data showed the depth of the bloc’s downturn. The sharp drop in annual consumer inflation to 1.2 per...
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Correction
The title of Edward Rizzo’s article in yesterday’s Times of Malta Business should have been: ‘2013 could prove to be a milestone year for IHI’. The error is regretted.
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Daily currency report
The disappointing growth figures released in the eurozone helped to push the single currency lower. The eurozone has now experienced six consecutive quarters of negative growth rates. Weak growth threatens price stability and therefore keeps the...
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MSE Share Index drops towards a three-week low
The MSE Share Index drifted by a further 0.3 per cent during this morning’s session to close at an almost three-week low of 3,337.927 points. Today’s decline was mainly due to the negative performances by Bank of Valletta plc and International Hotel...
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Germany can’t stop eurozone from sinking into longest recession
Germany’s economy crept back into growth at the start of the year but not by enough to stop the eurozone from contracting for a sixth straight quarter, and France slid into recession. Falling output across the bloc meant the 17-nation economy is in...
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RS2 inaugurates Smart Processing Ltd
Following the opening of its €7 million state-of-the-art office building last September, RS2 Software yesterday completed another milestone in its history with the inauguration of its subsidiary, RS2 Smart Processing Ltd. The new subsidiary was...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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