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  • Are the prices of Malta Government Bonds right?

    This week the new Malta Government Stock 3% 2040 started trading; up to the time of writing, the last traded price has shot up to over 117 on the Malta Stock Exchange from its initial public offer price of 100. No wonder this issue was heavily...

  • Barts will give Gozo €9m cash

    Barts will give Gozo €9m cash

    Gozo will receive a cash injection of up to €9 million annually when the Barts medical school starts operating at full capacity, initial studies have shown. The proposed medical school will receive its first student intake for the scholastic year...

  • Medical students expected to pay €35,000 a year

    Medical students at Barts’ new campus in Gozo will be paying €35,000 a year for tuition, considerably more than the £9,000 (€12,400) they would be paying in London. But the Dean of Education Anthony Warrens believes there will be considerable...

  • Agribank customers are now covered by depositor scheme

    Agribank customers are now covered by depositor scheme

    Agribank customers are now covered by the MFSA’s Depositor Guarantee Scheme, two-and-a-half years after the bank got its licence. Agribank was one of a handful of banks which were licensed in Malta around 2012 – when the scheme was still building up.

  • Factoring in the chance of success

    Factoring in the chance of success

    After the abrupt departure of Fimbank’s founder at the end of the year, Simon Lay was appointed as ad interim CEO with a tough mandate to turn the bank’s dismal fortunes around. He told Vanessa Macdonald that the turnaround has already...

  • More incentives for incentive travel

    More incentives for incentive travel

    Conference and incentive travel has recovered considerably, with 86,000 visitors last year, compared with just 77,000 the year before. This is even better than the 84,000 arrivals in 2012, and particularly good news for the tourism sector as they...

  • Paving a new Silk Road

    Paving a new Silk Road

    In July 2014, not long after Malta had signed a wide-ranging memorandum of understanding with China, the president of the General Workers’ Union, Victor Carachi, expressed his dismay at the public reaction. He could not understand why people were...

  • Boutique hotels need to collaborate

    Boutique hotels need to collaborate

    The boutique hotels sprouting up in Valletta would need to collaborate, sharing functions like administration and marketing if they are to survive, David Spiteri, the general manager of Infinitely Xara insisted. This is partly because the small...

  • When blood is thicker than water

    The case for a Family Business Act is not always fully appreciated. Why, the sceptics ask, should a family business be treated any differently to any other business? The reasons were made amply clear earlier this week when a committee set up in...

  • The economic dynamics of the minimum wage

    The economic dynamics of the minimum wage

    The debate on the minimum wage is rarely conducted in a clinical, unemotional way. Malta introduced its minimum wage legislation in the 1970s while Britain whereas introduced a national minimum wage 15 years ago. Political as well as social action...

  • Banif profits to rise fivefold

    Banif profits to rise fivefold

    Banif Bank (Malta) will report profits for 2015 that are five times higher than those for the previous year, according to Paulo Machado Fernandes, the chief officer for financial markets and investments. In spite of this positive result, its head...

  • 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...

  • Australia ready to join China-led bank, seeks clarity on governance

    Australia ready to join China-led bank, seeks clarity on governance

    Australia is “well and truly” disposed to join the China-led Asian Infrastructure Investment Bank (AIIB), Prime Minister Tony Abbott said yesterday, but wants to know how much power Beijing would hold in the institution before a formal...

  • 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...

  • French business morale at three-year high

    French business morale was at its highest for nearly three years in March, adding to signs the eurozone’s number two economy is emerging from stagnation on the back of lower oil prices and a weaker euro. The composite indicator of morale rose to...

  • 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...

  • Kraft, Heinz deal to form North America’s No. 3 food company

    Kraft, Heinz deal to form North America’s No. 3 food company

    Kraft Foods Group Inc., the maker of Velveeta cheese and Oscar Mayer meats, will merge with ketchup maker H.J. Heinz Co., owned by 3G Capital and Berkshire Hathaway Inc., to form North America’s third-largest food and beverage company. Kraft’s...

  • 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,...

  • Stocks slump and dollar slips on US growth worries

    Wall Street stocks tumbled and the dollar slipped yesterday after government data signaled the US economic expansion was slowing, while gains in the euro prompted a pullback in European stock markets. The main US stock indices were off more than...