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  • Lifelong learning language courses

    The Directorate for Lifelong Learning and Early School Leavers within the Ministry for Education and Employment is offering language courses at various levels in over 10 languages, including Maltese, English, Arabic, French, German, Italian,...

  • Disclaimer

    The information published in this page is intended for information purposes only. Any legal claim or action taken in the event of a dispute should be based solely on the legal texts concerned. For more information, call the Office for Consumer...

  • New chairman for ESU Malta

    New chairman for ESU Malta

    One of the founder members of The English-Speaking Union of Malta, Malcolm J. Naudi, has been elected its new chairman. He succeeds John de Giorgio, who has been chairman since 2012 and, in turn, took over from ESU Malta’s founding chairman,...

  • Buying furniture: common problems

    Buying furniture: common problems

    The most common problems consumers encounter when buying new furniture are usually delays in delivery, damaged furniture, missing parts or that the delivered furniture is different than what was agreed to during the contract of sale. If or when...

  • Malta Best Entrepreneurs Awards 2015

    Malta Best Entrepreneurs Awards 2015

    Chef Marvin Gauci won the Award for Excellence at the Malta Best Entrepreneurs Awards held at the Westin Dragonara Resort’s Reef Club. The event was attended by President Marie-Louise Coleiro Preca. Now in its fourth year, this year’s ceremony saw...

  • Purchases made by traders

    Q: Over a year ago, my company purchased a machine. Now this machine has developed a fault and when I reported the problem to the seller, I was told that the product is no longer covered under warranty. He informed us that while the legal warranty...

  • FCM Bank celebrates with a higher interest rate

    To mark its third anniversary, FCM Bank has issued a special interest rate on euro and sterling three-year term deposit accounts opened before August 31, 2015. Customers who sign up will benefit from a special rate of 2.6 per cent. “In the past...

  • Unreasonable charge for repair

    Unreasonable charge for repair

    Q: We live in a block of flats which has a common lift. Recently we asked by our lift service company to do some work because the lift was not functioning well. They gave us a quotation, which amounted to €200. When we accepted the quote, they...

  • Blood drive

    Famalco Group, based in Attard, will be organising a blood drive on Friday in collaboration with the National Blood Transfusion Service. The event forms part of the group’s CSR activities, which aim to give back to the community. “Blood is...

  • Weekly consumer advice

    • When a trader is unable to provide the product ordered by the consumer, the latter may cancel the contract of sale and claim a refund. • Consumers must report any damages or defects as soon as they become aware of them. • The agreed delivery...

  • Eurozone inflation stable at 0.2%, still far off ECB target

    Eurozone inflation stable at 0.2%, still far off ECB target

    Eurozone inflation was unchanged in July as a further decline of energy prices negated the impact of more expensive industrial goods and services, leaving the European Central Bank with more work to do to push up prices. The EU’s statistics office...

  • IAG puts focus on costs as competition intensifies

    IAG puts focus on costs as competition intensifies

    IAG, owner of British Airways and Iberia, yesterday said it will continue to focus on driving down costs as competition intensifies both within Europe and as rivals put on more capacity on its all-important transatlantic routes. IAG, which is...

  • GO plc shares recoup by 11.1%

    The Malta Stock Exchange index fully erased last week’s decline, having appreciated by 2.2 per cent, to close at 4,207.572 points. Activity was spread across 19 equities of which 11 gained ground while fallers and non-movers tallied at four as...

  • US dollar tumbles, Treasury yields low

    The dollar tumbled and benchmark US Treasury yields touched multi-week lows yesterday as an unexpectedly weak government reading of American labor costs dulled prospects for higher US interest rates. Wall Street stock prices rose, also taking a...

  • Facebook ready to test giant drone for internet service

    Facebook has said it will begin test flights later this year of a solar-powered drone with the wingspan of a Boeing 737, the next stage of its campaign to deliver internet service to remote parts of the world. Engineers at the giant social network...

  • Daily currency report

    The US dollar held firm and hopped into positive territory on the week, with sentiment heartened by the Federal Reserve’s generally upbeat assessment of the world’s top economy. Although the Fed appears undecided on when it would raise interest...

  • Share index at fresh 7-year high

    The share index immediately rebounded from yesterday’s 0.26 per cent decline with a 0.3 per cent uplift during this morning’s session to a fresh seven-year high of 4,207.572 points as various equities closed in positive territory. The local equity...

  • Is a hike in Fed’s rate a risk for corporate bonds?

    Is a hike in Fed’s rate a risk for corporate bonds?

    Given the ongoing debate about the imminence of a rate hike in the US, fixed income investors are due to wonder what this would imply for their portfolios. To start with, I would clarify that the yield for a corporate bond can be theoretically...

  • Shell to axe 6,500 jobs to cope with lower oil prices

    Shell to axe 6,500 jobs to cope with lower oil prices

    Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts, responding to an extended period of lower oil prices which contributed to a 37 per cent drop in the oil and gas group’s second-quarter profits. The Anglo-Dutch company is...

  • Borrowing within one’s means

    There is a generation of persons who only know what low interest rates mean. They have never experienced high interest rates. This applies to persons who have bought a house in the last year or who have taken a business loan during this period.

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