Advert

News

  • Plaza seeks expansion after record financial performance

    Plaza seeks expansion after record financial performance

    Last week, Plaza Centres plc published its 2014 financial statements showing a 19 per cent increase in pre-tax profits to a record level of €1.5 million. The improved financial performance, which was very much in line with expectations given the...

  • Demonstrating the feasibility of electric vehicles in Malta

    Demonstrating the feasibility of electric vehicles in Malta

    DemoEV is a LIFE+ funded EU project coordinated by the Ministry for Transport and Infrastructure. The project has demonstrated the feasibility of full electric vehicles for Malta but also the efficiency of such vehicles for the Maltese...

  • A supplement that helps hearts run smoothly

    A supplement that helps hearts run smoothly

    Nowadays people lead busier and more stressful lives, meaning that preventative measures against heart disease, such a healthy diet and exercise, are vitally important. Ateronon, ‘The Tomato Pill’, is a natural supplement that helps to maintain...

  • Rent anything in Malta online

    Rent anything in Malta online

    Kiribiss.com is a useful Maltese website which caters specifically for Malta’s rental market. It is an online directory but has some major improvements which benefit both the service or item provider and the customer. It better assists rental...

  • Affordable quality healthcare solutions

    Affordable quality healthcare solutions

    Healthcare products should be of high quality, and Medina Healthcare’s primary aim is to ensure that affordably priced products from top international suppliers make it to local private and public health-care providers. Established in May 2008,...

  • Raising Malta’s profile through the launch of GamingMalta

    Raising Malta’s profile through the launch of GamingMalta

    GamingMalta, a new foundation tasked with promoting Malta as a gaming jurisdiction of excellence, was officially launched some days ago at The Casino Maltese in Valletta by the Parliamentary Secretary for Competitiveness and Economic Growth, José...

  • HSBC honours employees for excellence at annual staff gathering

    HSBC honours employees for excellence at annual staff gathering

    HSBC Malta honoured six employees and a team who typified the values and culture of excellence of the bank during this year’s annual staff gathering. The HSBC Malta Staff Townhall 2015 is one of the major initiatives within the bank’s internal...

  • Large caps weigh down on share index

    The five largest capitalised companies listed on the stock exchange performed negatively today sending the index down 0.7 per cent to 3,761.357 points. These losses offset the gains in six other equities. Bank of Valletta shed a further 1.3 per...

  • Defining insider dealing

    The issuers of financial instruments are obliged to reveal inside information to the public even if they are unsure as to how such information will precisely influence the price of financial instruments issued, the Court of Justice of the European...

  • Employee loans: are there any tax implications?

    Employee loans: are there any tax implications?

    Fringe benefit rules in Malta tend to cater for all forms of benefits receivable by an employee or his family members from an employer, despite the lack of tangibility and obvious difficulty in quantifying them. Very few would imagine that the...

  • Britain sees no inflation for first time on record

    Britain sees no inflation for first time on record

    British inflation vanished last month, hitting zero for the first time on record, official figures showed yesterday. The annual rate of consumer price inflation dropped to zero per cent, from 0.3 per cent in January, the Office for National...

  • Greece promises list of reforms by Monday to unlock cash

    Greece promises list of reforms by Monday to unlock cash

    Greece said it will present a package of reforms to its eurozone partners by Monday in hope of unlocking aid to help it deal with a cash crunch and avoid default. “It will be done at the latest by Monday,” government spokesman Gabriel Sakellaridis...

  • Europe’s banks set to sell €100bn of unwanted loans

    Europe’s banks set to sell €100bn of unwanted loans

    Europe’s banks are likely to sell a record €100 billion of loans this year that are no longer part of their main businesses, according to consultants PwC, chipping away at a pile of €1.9 trillion of unwanted assets. European banks last year sold...

  • Eurozone business activity growth accelerates as ECB quantitative easing kicks in

    Eurozone business activity growth accelerates as ECB quantitative easing kicks in

    Business activity in the eurozone accelerated much faster than thought this month, in a sign the European Central Bank’s bond buying programme may already be paying dividends, a survey showed yesterday. Any indication of a pickup will cheer ECB...

  • US law firm rallies Tesco investors to join lawsuit

    US law firm rallies Tesco investors to join lawsuit

    A US law firm is asking Tesco shareholders to join a group that wants to bring a lawsuit and seek billions of pounds in compensation for losses relating to the British retailer’s overstatement of profit last year. Tesco said on September 22 it had...

  • Eurozone, US manufacturing expand as China struggles

    Eurozone businesses ramped up activity in March as the European Central Bank started printing money to spur economic growth, while a slowdown among Chinese factories fuelled expectations of more monetary stimulus. US manufacturing growth also...

  • Medserv equity regains all-time high

    The equity of Medserv advanced by 4.2 per cent during this morning’s session to regain its all-time high of €1.72 (first reached on April 9, 2010) across two deals totalling 24,950 shares. Yesterday evening Medserv published its 2014 financial...

  • What you need to know about AMLD4

    The legislative process for approving the proposed Fourth EU Anti-Money Laundering Directive (AMLD4) is underway. On February 10, 2015, an agreement was approved between the Council of European Union and the European Parliament on strengthened...

  • Oil holds above $55 on weaker dollar as Saudi output rises

    Oil holds above $55 on weaker dollar as Saudi output rises

    Oil prices edged up yesterday, holding above $55 a barrel as a weakening dollar offset losses after Saudi Arabia indicated it was now pumping near a record high of 10 million barrels per day. Saudi Arabia has stood firm on output, saying it would...

  • Money market report for the week ended March 20

    On Monday, March 16, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, March 17, and attracted bids from euro area eligible counterparties of €142.40 billion, €0.56 billion...

Advert
Advert