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  • US stocks, yields gain on hopes for stronger growth

    US stocks rose yesterday as a weakening dollar and steadying commodity prices shifted investor sentiment from weak earnings and poor economic data in the first quarter to optimism about the second, also pushing US Treasury yields higher. Wall...

  • GlobalCapital sees profits jump 700 per cent

    GlobalCapital sees profits jump 700 per cent

    Insurance group Globalcapital p.l.c. saw its pre-tax profits soar to €5.6 million in 2015 following profits of €800,000 in 2014.   This is the second consecutive year that the Group registered a full year profit before tax, a statement issued by...

  • Trading activity rises to a near 6-week high

    Trading activity rises to a near 6-week high

    The stock exchange share index kicked-off the week on a positive note as it extended last Friday’s gains by a further 0.54% to a three-week high of 4,570.914 points on heightened activity with just over €568,000 worth of shares changing hands. The...

  • Whitbread plc – keeping 2020 targets seen as a positive

     Whitbread PLC is a multinational hotel, coffee shop and restaurant company headquartered in Dunstable, United Kingdom. Its largest division is Premier Inn, which is the largest hotel brand in the UK with around 650 hotels and over 50,000 rooms.

  • Low interest rates have costs

    Low interest rates have costs

    When the price of a commodity falls, popular logic dictates that most people should all be happy. So is this different when the cost of money – a commodity that we are all familiar with – falls? For the past few years central bankers seem to have...

  • ­­­Shipping movements

    The following ships will be calling in Malta this week: The Turnberry Kontro from Split to Durres, the Jona from Izmir to Tessaloniki, the CMA CGM Hydra from Fos-Sur-Mer to Damietta and the Spero from Annaba to an undisclosed destination (all...

  • ‘We have a flagship Hilton in Malta’

    ‘We have a flagship Hilton in Malta’

    Hilton Europe vice president operations, western and southern Europe Jean Faivre speaks to Anthony Manduca about the Hilton brand as well as the potential for its growth and that of the travel and tourism industry. Hilton Malta has just completed...

  • New CEO for Salvo Grima Group

    New CEO for Salvo Grima Group

    Karl Aquilina has been appointed by the Salvo Grima Group board of directors as the Group’s new chief executive officer, with effect from today, in line with the Group’s succession policy and long-term strategy. Established in 1860, Salvo Grima...

  • New Group IT manager at Medserv

    Edward Farrugia has been appointed IT manager for Medserv Group of Companies. In a statement Medserv said this appointment was aimed at streamlining and bringing systems in line across the Group as well as ensuring that all employees are able to...

  • BOV profits up by €9.7m

    BOV profits up by €9.7m

    After close of trading last Friday, Bank of Valletta plc (BOV) issued its interim financial results for the period ended March 31, 2016. The group reported a pre-tax profit of €68.5 million, compared to €58.8m in the comparable period of 2015. Net...

  • US economic growth weakest in two years

    During the first quarter of this year, the US economy grew at the slowest rate in two years due to restrained consumer spending and as companies tightened their belts as a result of weak global financial markets and the drop in oil prices. The...

  • Company briefs

    The Malta Chamber of Commerce, Enterprise and Industry has welcomed developments relating to Air Malta and its strategic partnership with Alitalia/Etihad. The Chamber said it has always underlined the strategic importance of Air Malta to Malta’s...

  • Malta’s maritime industry thrives

    Malta’s maritime industry thrives

    The Malta Maritime Forum was officially set up last October through the registration of the forum as a NGO and a legal personality. This development was a logical next step in the history of the local maritime industry, which is entwined with...

  • Ivan Grech confirmed Renault’s local ambassador

    Ivan Grech confirmed Renault’s local ambassador

    The Renault Brand, distributed by Auto Sales Ltd, popularly known as Kind’s, has renewed its agreement with Ivan Grech, frontman of Winter Moods. During the past years Mr Grech played a leading role in promoting the car brand locally. During a...

  • Eat your greens... and your reds and your yellows

    The Valletta Waterfront was bursting with life thanks to the Colourfest event which formed part of the annual spring festival organised by the Valletta Cruise Port. People were immersed in outdoor activities, entertained by live bands and greeted...

  • Harley-Davidson bikers

    Harley-Davidson bikers

    Harley-Davidson bikers from six Harley Owners Group Chapters participated for the first HOG gathering in Malta. The Belfast (Northern Ireland), Etna, Duemari, Licata, Pescara and Palermo (Italy) Chapters joined the Malta Chapter for an event,...

  • The winner is…

    The winner is…

    Valletta Cruise Port, operators of the Valletta Waterfront and the Valletta Cruise and Ferry terminal facilities have teamed up with SMSMondial for a competition, with the winner bagging a Malta-to-Malta cruise for two people on Croisières de...

  • 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...

  • Philippine Honorary Consul to Malta assumes office

    Philippine Honorary Consul to Malta assumes office

    The Honorary Consul of the Philippines to Malta Roger Strickland Jr took office recently saying he aims to further strengthen relations between the two countries and promising a timely and efficient service to the Filipino community in Malta. Soon...

  • How to buy and use gift vouchers

    How to buy and use gift vouchers

    Gift vouchers are usually the ideal solution when the person buying the gift is not sure what to buy or wants the receiver of the gift to choose his or her own gift. Whatever the reason for opting to buy a gift voucher, the person buying the...