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  • Medserv awarded $30.6 million contract

    Medserv awarded $30.6 million contract

    Malta-based Medserv International has been awarded a $30.6 million contract to provide logistical support in oil drilling operations by Staatsolie in South America. "This is an important milestone in Medserv’s development, contributing towards...

  • Quiet session at the stock exchange

    Quiet session at the stock exchange

    After reaching its highest level in five days yesterday, the MSE Equity Price Index eased by 0.07% to 4,491.246 points on Tuesday as drops in BOV and HSBC marginally outweighed the gains in Farsons and Mapfre Middlesea. Meanwhile, GO and RS2...

  • Taxing DLT: does a new reality require a new approach?

    The use of distributed ledger technologies (DLT) has expanded to such an extent that it has proliferated into all facets of our society: a veritable big bang, from a peer-to-peer cash system to a whole universe of applications. With progressive...

  • Three industry accolades from FTE Asia Awards and Airlineratings.com

    Three industry accolades from FTE Asia Awards and Airlineratings.com

    Emirates, the world’s largest international airline, has scooped three industry-leading awards for its game-changing first class private suites and in-flight entertainment system ‘ice’, in addition to being named the ‘Best Long Haul Airline ...

  • PKF Malta attends prestigious Zurich ICO Summit

    PKF Malta recently attended the ICO Summit held in Zurich, combining it with a visit to the renowned ‘crypto-valley’ of ZUG. The ICO Summit was held on October 28 and 29, at a warehouse-type building that was converted for the occasion sporting...

  • Successful team building event for employees

    Successful team building event for employees

    The Social Activity Group at GasanMamo Insurance organised another event with an opportunity for employees to mingle in a relaxing environment outside the normal work place. On Sunday, October 28 a good number of employees, together with their...

  • BNF Bank organises family recreation day at L’ Arka ta’ Noe

    BNF Bank organises family recreation day at L’ Arka ta’ Noe

    The BNF Bank extended family eagerly made its way to L’Arka ta’ Noe in Siġġiewi last Sunday for an exhilarating family adventure and fun-filled afternoon at the animal sanctuary. The sanctuary is spread over 15 tumoli of land, home of tens of...

  • New chairperson for Malta Forum for Internal Auditors

    New chairperson for Malta Forum for Internal Auditors

    The Committee of the Malta Forum for Internal Auditors (MFIA) has undergone a change in its top positions. Alex Azzopardi is the new chairperson of the committee taking over from Anna Camilleri. Mr Azzopardi is a director within the risk...

  • Stocks weighed by Apple demand woes, trade tensions

    World stocks fell yesterday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also...

  • Money market report for week ending November 16

    On November 12, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on November 13 and attracted bids from euro area eligible counterparties of €6.74 billion, €0.18 billion higher than...

  • Nissan-Renault to oust chairman after arrest for alleged financial misconduct

    Nissan-Renault to oust chairman after arrest for alleged financial misconduct

    Nissan Motor Co Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a leader hailed for rescuing the Japanese carmaker from close to bankruptcy. Ghosn is...

  • MSE Equity Price Index climbs to 5-day high

    MSE Equity Price Index climbs to 5-day high

    The MSE Equity Price Index advanced by 0.15% to a five-day high of 4,491.246 points, mostly driven by the gains in the share prices of BOV and GO whilst RS2, FIMBank and IHI trended lower. Trading volumes improved markedly from the previous two...

  • Danske Bank whistleblower says European bank handled $150 bln of payments

    Danske Bank whistleblower says European bank handled $150 bln of payments

    The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European lender helped process up to $150 billion in suspicious payments and two U.S. banks were also involved. Payments totalling 200...

  • Customer experience becomes the new battleground in the iGaming industry

    Customer experience becomes the new battleground in the iGaming industry

    As Sigma 2018 kicks off in Malta next week, Wiraya continue to build their portfolio of Malta based operators focused on customer interactions to deliver long term loyalty from players. “Each year the gaming community comes to Malta for Sigma, and...

  • Apple – a stock investors are proud of

    Apple – a stock investors are proud of

    Despite Apple having beaten market estimates (both top and bottom line) when management reported Q4 results (year ending September), shares in Apple were weaker on the news for three main reasons:1. Missing shipment estimates on iPhones;2.

  • Building operational resilience

    Building operational resilience

    Following the financial crisis of 10 years ago, regulators ratcheted up their instructions to financial services operators to build financial resilience. They defined exact capital adequacy requirements and introduced new metrics to measure...

  • Good cause

    Good cause

    The National Statistics Office recently marked Pink October by asking staff members to wear something pink and also make a contribution towards this cause. The money collected will now be donated to a charitable institution. In a separate...

  • Shipping movements

    The following ships are expected in Malta: The MV Euroferry Egnazia from Salerno to Salerno, the MV Eurocargo Malta from Livorno to Genoa (both Sullivan Maritime Ltd), the BF Nilou from Sfax to Sousse, the Karina from Skikda to Bejaia (both CMA...

  • Artificial intelligence, sandboxing and certification in Malta

    Barely hours after the new legislative framework comprising three Acts – the Virtual Financial Assets Act (VFAA), the Malta Digital Innovation Authority Act (MDIAA) and the Innovative Technology Arrangements and Services Act (ITASA) – came into...

  • Facts are a good investment

    It is fiendishly difficult to ascertain if an event took place or not. Our perception of the truth is moulded by what we want to see or chose not to see, and it is formed by the intention of others – politicians vying for power and autocrats...