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  • TNT service instant success

    TNT service instant success

    The dedicated TNT flight to Malta which started operating a few weeks ago has been an instant success, with the company already considering upgrading to a larger aircraft, according to the managing director for TNT Associates, David Burton. The...

  • Average office occupancy cost €550 per square metre

    Average office occupancy cost €550 per square metre

    The occupancy cost of the average office in Malta is around €550 per square metre annually – putting the island on par with Milan and Munich, according to research conducted by Cushman and Wakefield Research. London’s West End is the most...

  • From litres to square metres

    From litres to square metres

    It is not hard to understand the rationale behind the Farsons Group’s decision to hive off its property to another public company. Perhaps one of the things that might be overlooked, however, are the ties that the founding families still have to...

  • Companies need exit strategy

    Companies need exit strategy

    There have not been many management buyouts in Malta – but Mazars Malta managing partner Anthony Attard thinks there should be many more. The problem, as Mr Attard sees it, is that so many people in Malta set up businesses and nurture them, but...

  • Tourism: Quality versus mediocrity

    About three months ago, a tourism expert warned that Malta had reached saturation point in tourism, arguing that the island would not be able to handle more than 1.7 million tourists annually. Malta’s tourism authority chief has a different opinion.

  • Pensions review and retirement age

    Pensions review and retirement age

    The recent review for social security pensions lays down a number of proposals aimed at (a) social needs and issues related to society and work (b) the sustainability of the pension system (c) encouraging saving up for private pensions and (d) the...

  • New principal at Deloitte Malta

    New principal at Deloitte Malta

    Deloitte has appointed Giselle Cini to the position of principal. Ms Cini has been a key player in the development of the firm’s accounting and auditing technical department, specialising in the accounting treatment of financial instruments and...

  • Pisani made MIH director

    Pisani made MIH director

    Joseph Pisani has been appointed as non-executive director of Mediterranean Investments Holding plc, replacing Yousef Abdelmaula. Mr Pisani is a founder member and director of the main board of Corinthia Palace Hotel Co. Ltd (CPHCL), and has...

  • Ganado Adovates new managing parter

    Ganado Adovates new managing parter

    Max Ganado (right) has retired as managing partner of Ganado Advocates, with Louis Cassar Pullicino (left) taking his place. Dr Ganado has held the position for six years. He will now take up the position of senior partner in the firm with a mix...

  • Council for Malta-Libya chamber

    Council for Malta-Libya chamber

    Abdussalam Danaf has been appointed as the president and general secretary of the Libyan Maltese Chamber of Commerce for a two-year term. Frank Farrugia has been elected vice president and Tonio Casapinta as treasurer, with members Hugh Arrigo,...

  • Bullish sentiment across equity market during H1

    Bullish sentiment across equity market during H1

    There was an unexpected rally in Q1 with the local equity market climbing by 13.4 per cent on the back of double-digit gains in 12 of the companies listed on the Malta Stock Exchange. The MSE Share Index posted a marginal decline in April but the...

  • SolarCool™ heating and cooling – clever, green, clean innovation

    SolarCool™ heating and cooling – clever, green, clean innovation

    An innovative cooling and heating technology, which operates using solar thermal renewable energy, has recently been launched in Malta. This unique technology can save up to 70 per cent of electrical consumption, making it the most efficient...

  • Air cargo concerns

    Air cargo concerns

    At the International Air Transport Association (IATA) cargo conference held in Miami recently, three major concerns were aired by IATA regarding air cargo: the transportation of lithium batteries; the loss of market share to sea cargo; and the...

  • Delivering online shop solutions

    Delivering online shop solutions

    As a business, you typically have two options when setting up an online shop: pay a few thousand euros for a completely custom set-up or find a template-based solution for the masses and good luck setting it up, maintaining and promoting it...

  • Proposals to expand Heathrow politically divisive, to fuel tensions

    Proposals to expand Heathrow politically divisive, to fuel tensions

    Britain should build a third runway at London’s Heathrow Airport, a government-appointed commission into the country’s airport capacity said in a report set to create a political headache for Prime Minister David Cameron. Lawmakers broadly agree...

  • Negroni Week 2015

    Negroni Week 2015

    Negroni Week is a week-long charity initiative created by American magazine Imbibe in May 2013. It aimed at celebrating one of the world’s great cocktails while raising money for charity. Negroni Week taps into the rise in popularity and demand of...

  • Insurer ACE buys Chubb for $28.3 bn to diversify portfolio

    Property and casualty insurer ACE Ltd < said it would buy smaller rival Chubb Corp for $28.3 billion to diversify its portfolio and reduce exposure to rock-bottom catastrophe insurance rates. Over the past two years, rates in the once-lucrative...

  • Il-Barri: a multifunctional venue

    Il-Barri: a multifunctional venue

    Situated in the spacious Mġarr piazza, il-Barri Restaurant is a family-run business now in its third generation. Housed on three floors each with different decor, the restaurant lends itself well to private functions, business lunches and product...

  • Iran oil exports could jump by 60% in a year

    Iran will increase its oil exports by up to 60 per cent within a year if it can agree a nuclear deal with world powers bringing an end to sanctions, a Reuters survey of analysts said yesterday. A poll of 25 oil analysts from leading banks and...

  • Generate new business by organising an innovation day

    Generate new business by organising an innovation day

    We are currently living through a transition from an information society towards an innovation society, where the rapid generation and take-up of ideas is at the core of business and economic growth. Increasingly, managers, executives and...