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  • Barter system strangling construction sector suppliers

    Barter system strangling construction sector suppliers

    The barter system prevalent in the construction sector is strangling cash flow for suppliers, and a solution spanning various stakeholders has to be found, Arthur Calleja, the managing director of Würth Malta, said. He said that getting paid on...

  • Fumbling in the dark

    Finance Minister Edward Scicluna makes an important point in today’s Business Observer: data is crucial for planning purposes. This is of particular importance when you consider that when it comes to government decisions, every action has an equal...

  • Compensation to shareholders

    Compensation to shareholders

    The article entitled ‘Impasse over National Bank valuation’ (Business Observer, July 14) sums up correctly the present situation in regard to the two pending court cases instituted by NBM shareholders against the government. However, as the...

  • Gio at Portomaso Casino

    Gio at Portomaso Casino

    Since setting up their establishment in 2006, Portomaso Casino has attempted to reach for the sky with its ambitious plans to set a new benchmark within Malta’s entertainment industry. The place has, in fact, become atop destination for both...

  • Will bank deposit interest rates go negative?

    Will bank deposit interest rates go negative?

    Last week, the Bank of England (BOE) reduced the bank base rate in the UK for the first time since March 2009 and said it expects to cut it further towards zero in the months ahead. In response to the June vote in the Brexit referendum, the BOE...

  • GO share price jumps to 11-week high

    The share index climbed to its highest level in over a week largely due to the rebound in the share price of GO. HSBC and MPC also registered gains. On the other hand, RS2 posted a marginal decline while Malita Investments retreated to its 2016...

  • Collective management of music copyright

    The collective management of copyright entails the granting of authorisation to collecting societies by the copyright holders to commercially exploit their rights over their artistic works in a particular territory. In turn, such collecting...

  • Power outage at Delta causes flight cancellations, delays

    Delta Air Lines Inc cancelled hundreds of flights and delayed many others on Monday after an outage hit its computer systems, grounding planes and stranding passengers of one of the world’s largest carriers at airports around the...

  • Customers are paying too much for banking services – UK watchdog

    Customers are paying too much for banking services – UK watchdog

    Britain’s competition watchdog has published its final recommendations for boosting competition in high street banking, its measures not differing significantly from options it published in May to widespread dismay among consumer groups. The...

  • BP seeking buyers for its China joint venture stake

    British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion. BP has hired an investment bank to sell its shareholding...

  • Pound stumbles on easing prospects as stocks gain globally

    An index of global stocks climbed to its highest level in nearly a year yesterday while the British pound tumbled on the prospect of easing monetary policy in the country. The sterling fell for the fifth day in a row after a Bank of England...

  • Share index rebounds from 9-month low

    The share index erased the declines of the previous two trading sessions as it edged up by 0.79 per cent to 4,439.727 points. The uplift in the local equity index largely took place on the back of the recovery in the share price of IHI which...

  • The price of oil has come a long way

    So far this year we have had a number of moving events. The start of the year was one to forget, as in the first 6-weeks of the year, the bloodbath in markets witnessed in the final 4 weeks of 2015 spilled over onto the New Year. In mid-February,...

  • Common terms used in financial news

    Whilst most news covering sports and politics is written largely easy to understand language, financial news is very often written by analysts who very often forget that their target audience is not as investment savvy. The following are...

  • The audacity of hope

    The audacity of hope

    The conventions of the Republican and Democrat parties in the US gave the opportunity to many economic and political analysts to observe how mass communication is evolving. Rhetoric and eloquence were once again the hallmark of political...

  • ­­­Shipping movements

    These ships are expected in Malta: The CMA CGM Homere from Le Havre to Alexandria, theCMA CGM Callisto from Fos-sur-Mer to Damietta (both CMA CGM Malta Agency Ltd), the MV Euroferry Malta from Salerno to Salerno and the MV Eurocargo Venezia from...

  • Can your business navigate Brexit?

    Can your business navigate Brexit?

    Uncertainty continues to dominate the Brexit situation. What happens now, after the Brexit vote and the implications for businesses and organisations in the UK, as well as Maltese and EU companies that trade or carry out transactions with the UK,...

  • Malta and commodity trading

    Malta and commodity trading

    Commodities are a key driver of the global economy. Every day, a variety of commodity products such as metal ores, gold, oil, wheat, sugar, coffee, cotton and grains are transferred globally from their place of extraction or production, funnelled...

  • New online venture for procurement of services

    A new online venture vying to revolutionise the way we offer and procure service-based jobs is soon to be launched in Malta and Gozo. At Kwotani.com.mt, there is a full directory of freshly signed up freelancers and businesses in the fields of...

  • Medserv renews major contract

    Medserv has successfully concluded the renewal of one of its major contracts with an international oil company operating offshore North Africa for another two years. Medserv will provide fully integrated logistics and shore base services from its...