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News

  • Manufacturing still has role to play

    Manufacturing still has role to play

    The European Commission wants to build up manufacturing to 20 per cent of GDP, but here in Malta, the percentage is still dropping and is almost half the level it was pre-global crisis. But does this percentage tell the whole story? The percentage...

  • Feltom lobbying for more of MTA marketing share

    Feltom lobbying for more of MTA marketing share

    The federation representing English language schools is lobbying for a higher share of the Malta Tourism Authority’s marketing spend, arguing that the main schools spend up to 10 times as much as the authority. Feltom estimates that its sector...

  • A pragmatic approach to tax enforcement

    A pragmatic approach to tax enforcement

    Revenue Commissioner Marvin Gaerty told Vanessa Macdonald that defaulters and evaders usually regularise their position as soon as they know they have been found out – but warned there would be zero tolerance for those that did not. It is very...

  • ‘Wind’-ing up the chances of success

    ‘Wind’-ing up the chances of success

    Ryan Xuereb carefully lines up his mobile phone with the corner of the leather desk pad and when he realised I was watching him, he laughed. “I know. I have a touch of OCD. But you know... I am very aware of little details and perhaps that is what...

  • Distorted vision of competition

    There have been four editions of The Business Observer so far ­and one theme has emerged consistently from the various stories: that the protectionist attitude of the pre-EU era has not been completely exorcised from the local psyche; and that...

  • Whatever money you may have…

    Whatever money you may have…

    Spend it. Quick. Get rid of it today. Think not of tomorrow. This is not the mantra of the financially irresponsible. It is the incentive that monetary and financial institutions across the eurozone, starting from the Board of Governors of the...

  • 100,000 sq. m of ­office space being built

    100,000 sq. m of ­office space being built

    Over 100,000 square metres of office space is at various stages of construction and finishing, half of it at the Farsons business park, according to the manager of the commercial properties division at Frank Salt Real Estate Ltd. A third of the...

  • High ranking for online brokers

    High ranking for online brokers

    Online traders face a number of choices when deciding which brokerage firms to work with globally. With so many options, potential users increasingly look to Forbes, FT, Bloomberg, Wired and Kiplinger’s Personal Finance among others to help find...

  • Picturing business value  

    Picturing business value  

    It has been proven that eyes and minds have the natural capability and disposition to analyse pictures. Today’s competitive landscape is increasingly dynamic and organisations have to respond quickly to market pressures and opportunities. The vast...

  • HSBC Malta helping customers in real time via Twitter

    HSBC Malta helping customers in real time via Twitter

    With the launch of its new Twitter help account via twitter handle @HSBC_MT_Help, HSBC Malta is offering customers real-time responses to their banking queries. Available from Monday to Friday between 8am and 4pm, the service is managed by a team...

  • One contact, one contract

    One contact, one contract

    Operating across a range of markets, Bluhull Group is a single source provider of support services to clients throughout the asset lifecycle for drilling installations. The Group delivers to the highest standard and offers a ‘One contact, one...

  • No better time to invest in PVs

    No better time to invest in PVs

    Due to the feed-in tariff, which guarantees income from photovoltaic panels for up to 20 years, it has never been a better time to invest in a PV system. CD Power Solutions Co. Ltd is an engineering company which specialises in custom-built,...

  • BOV, Go trade in opposite directions

    BOV, Go trade in opposite directions

    The MSE Share Index retreated by 0.6 per cent to 3,299.918 points as Bank of Valletta plc dropped by 2.4 per cent to €2.07 on increased activity totalling 53,186 shares. On the other hand, Go plc inched minimally higher to €2.22 on volumes of...

  • Intellectual property rights in fashion industry

    Intellectual property rights in fashion industry

    Intellectual property is an important aspect of the fashion industry. Fashion designers continually generate creative ideas and innovations that are the backbone of the industry. Versace’s medusa motif, the Nike ‘swoosh’ logo, and Dr Martens boots...

  • Google’s Nest Labs launches smart home technology network

    Google Inc.’s Nest Labs unveiled an industry group to encourage makers of smart home gadgets like locks and light bulbs to use Thread, a new standard for devices to communicate on a network. The attempt by Nest, a smart thermostat maker that...

  • ‘Young people bear brunt of Britain’s economic woes’

    ‘Young people bear brunt of Britain’s economic woes’

    Young people in Britain saw their incomes fall almost twice as much as older people in the five years after the financial crisis, according to a report published by a leading think tank yesterday. New research from the Institute for Fiscal Studies...

  • Consultation on deeper FX fixing reform launched

    Global regulator the Financial Stability Board is looking into deep-rooted changes to the foreign exchange market’s system of fixing benchmarks in response to allegations now being investigated that dealers at major banks manipulated rates. The...

  • Global stocks and bonds fall

    Global stocks slipped yesterday, with riskier equities hit hardest after the US Federal Reserve, in an unusual statement, singled out the valuation of social media and biotechnology shares as “substantially stretched”. Bond prices fell slightly...

  • Retail sales growth slow sharply in June – BRC

    Retail sales growth slow sharply in June – BRC

    British retail sales growth slowed in June to one of its weakest rates in three years, possibly in response to fears of higher interest rates, industry figures showed yesterday, adding to recent lacklustre economic data. The British Retail...

  • BOV, HSBC lift MSE share index

    BOV, HSBC lift MSE share index

    The MSE share index moved 0.4 per cent higher to 3,318.518 points this morning largely due to the increases in the share prices of Bank of Valletta and HSBC. BOV rebounded by 1.4 per cent to €2.12 on volumes of just under 35,000 shares. Similarly,...

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