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Business

  • Manufacturing still has role to play

    Manufacturing still has role to play

    The European Commission wants to build up manufacturing to 20 per cent of GDP, but here in Malta, the percentage is still dropping and is almost half the level it was pre-global crisis. But does this percentage tell the whole story? The percentage...

  • Feltom lobbying for more of MTA marketing share

    Feltom lobbying for more of MTA marketing share

    The federation representing English language schools is lobbying for a higher share of the Malta Tourism Authority’s marketing spend, arguing that the main schools spend up to 10 times as much as the authority. Feltom estimates that its sector...

  • A pragmatic approach to tax enforcement

    A pragmatic approach to tax enforcement

    Revenue Commissioner Marvin Gaerty told Vanessa Macdonald that defaulters and evaders usually regularise their position as soon as they know they have been found out – but warned there would be zero tolerance for those that did not. It is very...

  • ‘Wind’-ing up the chances of success

    ‘Wind’-ing up the chances of success

    Ryan Xuereb carefully lines up his mobile phone with the corner of the leather desk pad and when he realised I was watching him, he laughed. “I know. I have a touch of OCD. But you know... I am very aware of little details and perhaps that is what...

  • Distorted vision of competition

    There have been four editions of The Business Observer so far ­and one theme has emerged consistently from the various stories: that the protectionist attitude of the pre-EU era has not been completely exorcised from the local psyche; and that...

  • Whatever money you may have…

    Whatever money you may have…

    Spend it. Quick. Get rid of it today. Think not of tomorrow. This is not the mantra of the financially irresponsible. It is the incentive that monetary and financial institutions across the eurozone, starting from the Board of Governors of the...

  • Is the European banking crisis returning?

    Is the European banking crisis returning?

    Last Thursday, fears over the health of one of Portugal’s largest banks triggered a sharp decline across international equity markets especially in the banking sector. Meanwhile, yields on Portuguese government bonds rose reflecting declining...

  • 100,000 sq. m of ­office space being built

    100,000 sq. m of ­office space being built

    Over 100,000 square metres of office space is at various stages of construction and finishing, half of it at the Farsons business park, according to the manager of the commercial properties division at Frank Salt Real Estate Ltd. A third of the...

  • MEPs call for trade transparency

    EU citizens must be better informed of the progress of EU-US talks on the proposed Transatlantic Trade and Investment Partnership (TTIP), said MEPs from all political groups debating the issue with EU trade Commissioner Karel De Gucht. MEPs from...

  • High ranking for online brokers

    High ranking for online brokers

    Online traders face a number of choices when deciding which brokerage firms to work with globally. With so many options, potential users increasingly look to Forbes, FT, Bloomberg, Wired and Kiplinger’s Personal Finance among others to help find...

  • Portugal Telecom to revise terms of merger

    Portugal Telecom has agreed to revise terms of a merger with Brazil’s Oi to reflect a lower valuation of the Portuguese company after a holding company of the troubled Espirito Santo family failed to repay a $1 billion loan. Portugal Telecom said...

  • Picturing business value  

    Picturing business value  

    It has been proven that eyes and minds have the natural capability and disposition to analyse pictures. Today’s competitive landscape is increasingly dynamic and organisations have to respond quickly to market pressures and opportunities. The vast...

  • Eurozone trade surplus widens

    The eurozone’s trade surplus grew year-on-year in May in a sign net trade made a positive contribution to economic growth in the second quarter, the EU’s Statistics Office data showed yesterday. The external trade surplus of the 18 countries...

  • HSBC Malta helping customers in real time via Twitter

    HSBC Malta helping customers in real time via Twitter

    With the launch of its new Twitter help account via twitter handle @HSBC_MT_Help, HSBC Malta is offering customers real-time responses to their banking queries. Available from Monday to Friday between 8am and 4pm, the service is managed by a team...

  • Primark – next stop the US

    Primark – next stop the US

    Discount fashion chain Primark has made its mark in Europe by offering fast-changing fashion at rock-bottom prices. The secret of its success: placing huge orders for top-selling items like socks, tops and jeans and passing on the savings to...

  • One contact, one contract

    One contact, one contract

    Operating across a range of markets, Bluhull Group is a single source provider of support services to clients throughout the asset lifecycle for drilling installations. The Group delivers to the highest standard and offers a ‘One contact, one...

  • No better time to invest in PVs

    No better time to invest in PVs

    Due to the feed-in tariff, which guarantees income from photovoltaic panels for up to 20 years, it has never been a better time to invest in a PV system. CD Power Solutions Co. Ltd is an engineering company which specialises in custom-built,...

  • European shares recover as BES bounces back

    European equity markets recovered yesterday from losses in the previous session as a rebound in Banco Espirito Santo and in mining stocks lifted the region’s bourses. The pan-European FTSEurofirst 300 index, which had slipped 0.4 per cent on...

  • Shipping movements

    The following ships are expected in Malta: The EM Spetses from Mersin to Antalya, the Star Comet from Durres to Taranto, the CMA CGM Ivanhoe from Port Said to Genoa, the Stadt Schwerin from Algiers to Algiers, the CMA CGM Quarts from Damietta to...

  • BOV, Go trade in opposite directions

    BOV, Go trade in opposite directions

    The MSE Share Index retreated by 0.6 per cent to 3,299.918 points as Bank of Valletta plc dropped by 2.4 per cent to €2.07 on increased activity totalling 53,186 shares. On the other hand, Go plc inched minimally higher to €2.22 on volumes of...