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  • A suitable place to work

    A suitable place to work

    Tony Zahra was appointed chairman of Malta Industrial Parks in May 2013. He told Vanessa Macdonald that the new board had been working quietly behind the scenes to solve numerous problems. At one stage, MIP had debts of almost €100 million. What...

  • It’s all about analysis

    It’s all about analysis

    When the herd is galloping in a particular direction, it takes guts to keep your head and go in the opposite direction. That is where VFM portfolio manager Uli Gerhard excels. He now manages the Insight High Yield Bond Fund, as well as, being...

  • Does eco-tax still make sense?

    The ‘polluter pays’ principle is nothing new. The idea was to make manufacturers aware of the waste that their products generate, directly or indirectly, by making them pay towards reversing the damage. This has been applied relatively...

  • To save or not to save...

    To save or not to save...

    Economic theory sheds interesting insight as to why people save. Households save because of their desire to smooth their consumption. It makes sense for people to have a stable lifestyle. This basic observation dates back even to the times of the...

  • BOV reduces dividend payout ratio

    BOV reduces dividend payout ratio

    The September 2014 annual financial statements of Bank of Valletta plc were published shortly after the close of last Friday’s trading session. Market participants have now become accustomed to the procedure that the two large banks immediately...

  • Grimaldi waives fuel surcharge

    Grimaldi waives fuel surcharge

    Grimaldi Group has decided to remove the fuel surcharge that it had introduced last July. A few weeks ago, The Sunday Times of Malta had asked why the surcharge was being retained even though the cost of oil had dropped dramatically since...

  • 6PM announces two appointments

    6PM announces two appointments

    Michel Macelli will be taking over the role of chief operating officer at 6PM while Peter Bugeja has been nominated to the recently set-up role of customer success director. Mr Macelli joins 6PM after serving as chief financial officer at Vodafone...

  • Huber re-elected to Eurochambres’ board

    Huber re-elected to Eurochambres’ board

    John Huber, a council member of the Malta Chamber of Commerce, Enterprise and Industry, was re-elected director on the Eurochambres board. He was also elected to form part of the organisation’s budgetary committee. Eurochambres represents over 20...

  • Joint CEO for IHI

    International Hotel Investments has split the chief executive officer role between Joseph Fenech and Simon Naudi. Mr Fenech will be taking care of corporate affairs while Mr Naudi will look after development, while retaining his role as chief...

  • COO for Lombard Bank

    Lombard Bank has appointed ­Eugenio Farrugia as its chief operations officer. His previous role as chief officer for ICT will be taken over by Anthony Zahra, who will now be the chief information officer.

  • Start-IT-up

    Start-IT-up

    Starting a business is a big step that is not for the faint-hearted.  Entrepreneurs who take this step are usually driven by a strong sense of purpose and have a tenacity that steers them to take up the challenge and dominate the niche that they...

  • 50 years of excellence

    50 years of excellence

    Ta’ Marija restaurant in Mosta celebrated their 50th anniversary on Saturday, October 25. The Maltese cuisine restaurant hosted a charity dinner in aid of the Malta Community Chest Fund to mark its milestone. President Marie-Louise Coleiro Preca...

  • HSBC launches Malta’s first real-time online foreign exchange service

    HSBC launches Malta’s first real-time online foreign exchange service

    Commercial customers of HSBC Bank Malta have more reasons than ever to conduct their electronic banking on HSBCnet [www.hsbcnet.com] thanks to the addition of a new foreign exchange service, Get Rate. In a first for banking in Malta, thousands of...

  • Roger Barker is the keynote speaker for MFSA workshop on company services providers

    Roger Barker is the keynote speaker for MFSA workshop on company services providers

    The Institute of Director’s Malta Branch (IoD) chairman James Satariano has announced that IoD, in conjunction with the Malta Financial Services Authority (MFSA) and the Malta Institute of Management (MIM) are holding a workshop on November 13 at...

  • Island goodness

    Island goodness

    It is no secret that Gozo has its very own flavour. Life seems to have more charm in Gozo, colours are more vibrant, time slows down and the air feels fresher. Its seas look bluer, turfs greener and food, most would agree, definitely tastier. One...

  • A proud ­tradition within the building industry

    A proud ­tradition within the building industry

    The family behind CME Finishes has a long and proud tradition within the building industry, having worked within related trades for over four decades. This has given the company a keen eye for products that offer superior quality and value for...

  • BOV drags share index lower

    BOV drags share index lower

    The share index eased minimally lower during this morning’s quiet session to 3,310.838 points largely due to the marginally reduction in the share price of Bank of Valletta. The bank’s equity failed to hold on to an intra-day high of €2.27 as it...

  • Europe’s Banking Union

    Since the inception of an Economic and Monetary Union, the need was felt for stronger mechanisms at EU level aimed at enhancing market integration in the banking sector. In the midst of the debt crisis that hit the banking sector in certain EU...

  • France seen weakest euro performer by EU forecasts

    France seen weakest euro performer by EU forecasts

    France, the eurozone’s second biggest economy, appeared as the weakest performer in European Commission economic forecasts yesterday with below average economic growth, falling investment and deteriorating public finances and...

  • AstraZeneca strengthens cancer business

    AstraZeneca moved to strengthen its core oncology business yesterday with three deals designed to expand the British drugmaker’s reach in treating tumours. The collaborations include an agreement to buy Definiens, a private company that has...