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  • Malta again voted the Most Favoured Fund Domicile in Europe

    Malta again voted the Most Favoured Fund Domicile in Europe

    For the second consecutive year, Malta has been coveted with Europe’s Most Favoured Domicile award at the Hedge Funds Review 13th European Fund of Hedge Funds Awards 2014. The European Fund of Hedge Funds Awards remains the only signature event...

  • Increased funding for SMEs

    Increased funding for SMEs

    The government will be allocating €15 million to the latest SME funding initiative, considerably more than what it had allocated to the popular Jeremie initiative. Since the amount guaranteed by the government could be leveraged by the financial...

  • Handful of applicants approved for citizenship

    Handful of applicants approved for citizenship

    Five applicants have so been given approval in principle for Maltese citizenship, according to sources. Their applications were submitted by different agencies, one of which was Henley. A few weeks ago, Chetchuti Cauchi Advocates announced that...

  • KPMG announces offer to acquire Crimsonwing

    KPMG has made an offer to acquire Crimsonwing, an inter­national IT company focusing on Microsoft Dynamics and e-Commerce business solutions. KPMG’s offer values Crimsonwing at €26 million. If successful, the acquired business will become known as...

  • Third pillar pensions: a first step?

    Third pillar pensions: a first step?

    The Bill amending the Social Security Act to allow third pillar pensions – making it possible for people to voluntarily take up a private pension to top up their State pension – was approved by Parliament last month. Under the new law an...

  • More ‘civil’ and more ‘service’

    More ‘civil’ and more ‘service’

    The appointment of Mario Cutajar as the head of the civil service after the election was met with some raised eyebrows, mostly because of his somewhat militant reputation as deputy secretary general of the General Workers’ Union until 2002.

  • MSV Life proposes 11th hour tweaks to third pillar pensions

    MSV Life proposes 11th hour tweaks to third pillar pensions

    MSV Life is proposing a number of tweaks to the third pillar pension rules that should be issued by the end of the year – warning that without them, take-up might be very disappointing. MSV Life has been gearing up for private pensions for eight...

  • The argument for a bridge

    The debate over a bridge to Gozo has understandably looked at the environment impact it would cause, the impact of interfering with the undefinable ‘getting away’ feeling that comes from getting onto a ferry, as well as whether there should even...

  • Traffic freakonomics

    Daily traffic chaos in Malta is a clear example of market failure, a situation where the private interests of individuals are resulting in undesirable effects which are impacting negatively the rest of the population. The situation has worsened so...

  • Maltese-owned Premier Capital celebrates 20 years of McDonald’s in Latvia

    Maltese-owned Premier Capital celebrates 20 years of McDonald’s in Latvia

    Maltese-owned Premier Capital plc, the developmental licencee for McDonald’s in the Baltic states, recently marked the brand’s 20 years in Latvia with an event in Riga. To this day, the Riga outlet is the most visited restaurant in the region,...

  • Go appoints HR chief

    Go appoints HR chief

    Ayrton Caruana has been appointed as chief human resources officer at Go. Mr Caruana joined Go in 2008 and occupied various senior management roles within Go’s HR department. Over the past years Mr Caruana played an important role in various...

  • New chief risk officer for BOV

    Miguel Borg has been appointed chief risk officer at Bank of Valletta. Mr Borg joined the bank in 2007, and is currently the bank’s chief economist. He has held a number of key senior positions, the most recent being that of executive head risk...

  • Group financial controller for Global Capital

    Shawn Bezzina has been appointed Group Financial Controller of Global Capital plc. Mr Bezzina joined the company as financial controller in October 2008. In his new role, Mr Bezzina will lead the company’s overall finance and control...

  • New consumer business head at Vodafone

    New consumer business head at Vodafone

    Vodafone Malta has appointed Tamás Bányai as its new head of consumer business. Mr Bányai brings with him 15 years’ experience in marketing, sales and customer experience in customer-focused operations. Since 1999, Mr Bányai served in a number of...

  • Kamsky takes over FATTA

    Kamsky takes over FATTA

    Michael Kamsky has been appointed president of the Federated Association of Travel & Tourism Agents – Malta Mr Kamsky is currently general manager at The Westin Dragonara, a post he has held since 2007, having previously served as the hotel’s...

  • Plaza keeping abreast of a dynamic market

    Plaza keeping abreast of a dynamic market

    In the interim directors’ statement of Plaza Centres plc published on October 23, the company revealed that occupancy levels during the third quarter of 2014 continue to rise leading to an uplift in revenue and pre-tax profits compared to the...

  • EY and University of Malta sign collaborative agreement

    EY and University of Malta sign collaborative agreement

    EY and University of Malta’s TAKEOFF Business Incubator officially launched a series of events aimed at providing insights and guidance to budding entrepreneurs seeking to embark on innovative projects or who wish to take their business to the...

  • HSBC supports dialogue on important growth sectors of transport and logistics

    HSBC supports dialogue on important growth sectors of transport and logistics

    The Parliamentary Secretary for Competitiveness and Economic Growth José Herrera highlighted the significance of logistics and transport and their potential role as a key economic pillar for Malta during the breakout session of ‘Malta: A regional...

  • Enterprise resource planning also for medium and small companies

    Enterprise resource planning also for medium and small companies

    Flexibility and quick response are hallmarks of business competitiveness. Access to information at the earliest possible time can help businesses serve customers better, raise quality standards and assess market conditions. Enterprise resource...

  • Evergreen Lines awards Malta Representative Agency

    Evergreen Lines awards Malta Representative Agency

    Evergreen Lines, which is the fifth largest shipping line on a worldwide basis, operates 180 ships and calls at 240 ports worldwide including Malta, where it is represented by MBL Shipping Agency. As part of its quality system to ensure efficiency...