News
Advert

News

  • MIA surges as it issues 2019 forecasts

    MIA surges as it issues 2019 forecasts

    The MSE Equity Price Index erased some of Wednesday's sharp decline as it rebounded by 0.6% to 4,381.425 points on Thursday. The increase was largely driven by the gains in MIA and GO. On the other hand, RS2 and MIDI trended lower whilst a further...

  • Inflation slightly down

    Inflation slightly down

    The annual rate of inflation as measured by the Harmonised Index of Consumer Prices was 1.2% in December, down from 1.4% in November. The 12-month moving average rate was 1.7%. The largest upward impact on annual inflation was measured in the food...

  • Second consecutive annual decline for RF MGS Index

    Second consecutive annual decline for RF MGS Index

    After reviewing the 2018 performance of the Maltese equity market over the past two weeks and highlighting the main developments across various companies, it is also important to assess the performance of the Malta Government Stock...

  • Brand positioning partner selected

    Medis Medical Imaging Systems B.V., the leading global provider of software to clinicians, technicians, and researchers for the quantification of cardiovascular images, have selected Anchovy plc as its brand positioning partner for its global...

  • Shipping movements - January 17, 2019

    The following ships are expected in Malta: The APL Denver from Tangier Med, the CMA CGM Racine from Suez Canal to La Spezia (both CMA CGM Malta Agency Ltd), the Maersk Lamanai from Malaga to Genoa (Thomas Smith & Co Ltd), and the Barbara Krahulik...

  • Pound firms, top London stocks retreat

    The British pound firmed against the dollar and euro yesterday and London stocks dropped, as traders awaited a confidence vote on British Prime Minister Theresa May's government after parliament voted massively against its Brexit deal. The pound’s...

  • Malta seeing rapid income convergence with EU average - IMF

    Malta seeing rapid income convergence with EU average - IMF

    Malta’s economic growth continues to be one of the strongest in Europe, resulting in rapid income convergence towards the European Union (EU) average, the International Monetary Fund has said in its annual report on Malta. "Prudent policies and...

  • MSE Equity Price Index sheds over 2%

    MSE Equity Price Index sheds over 2%

    The MSE Equity Price Index moved to its lowest level in nearly four months as it declined by 2.2% to 4,355.106 points. A total of eight equities, including Farsons, MIA, GO and BOV, performed negatively whilst a further five equities closed the...

  • Pound stands firm after May loss, Asian equity markets rise

    Pound stands firm after May loss, Asian equity markets rise

    The pound edged down Wednesday after the record defeat of British Prime Minister Theresa May's Brexit plan but mostly held its ground as investors consider the next likely developments in the long-running saga. The sterling tanked to a near...

  • Protection of personal data

    Protection of personal data

    The operator of a website embedding a third-party plug-in, such as the Facebook ‘Like’ button, which causes the collection and transmission of the users’ personal data, is jointly responsible with Facebook for that stage of the data processing,...

  • Supporting POYC medicines verification

    Supporting POYC  medicines verification

    With the new Falsified Medicines Directive coming into force on February 9, pharmaceutical companies are now also able to verify and decommission POYC medicines using Shireburn’s own EMVS module at the point-of-sale. In addition to supporting...

  • Pizza Hut in St Julian’s reopens its doors

    Pizza Hut in St Julian’s reopens its doors

    Pizza Hut St Julian’s boasts a fresh new look after an extensive refurbishment, with the new design adding a casual layer of authenticity and humour to the decor.  “It is our intention to continuously improve our customers’ dining experience at...

  • Trading on China’s new Silk Road discussed

    Trading on China’s new  Silk Road discussed

    APS Bank recently held the second from the series of lectures APS talks. The event, Trading on China’s New Silk Road, took place at the PwC Hub in Qormi and was presented by Marcus Schütz, APS Bank chair at the University of Malta. The talk...

  • British pound wobbles before crunch Brexit vote

    Sterling was under increasing pressure yesterday evening as British Prime Minister Theresa May was facing the prospect of a humiliating parliamentary defeat for her hard-fought Brexit deal. The pound drooped against the dollar and also lost ground...

  • Recognising hard work

    Recognising hard work

    In early 2018, Angelo Xuereb, chairman of AX Group, was named Malta EY Entrepreneur of the Year. As nominations for this year’s award draw to a close, he talks about what inspired him to participate and the experience of winning this prestigious...

  • RMI announces blockchain expert to assist with issuance of SOV

    The Republic of the Marshall Islands has announced that blockchain expert Steve Tendon is advising and assisting the country with the drafting, design, and issuance of SOV, the digital legal tender of the Marshall Islands, and the economy spawning...

  • Embracing the future

    Embracing the future

    PKF Malta has committed to making an investment towards embracing block­chain in Malta. The investment will be made in developing BITPOD, which will function as a quasi-lab and will comprise a live project dedicated to fuelling research and...

  • New look for the teams at BNF Bank branches

    New look for the teams at BNF Bank branches

    Visitors to BNF Bank branches are being welcomed by customer-facing teams sporting a new and attractive uniform. The new look reflects the identity and essence of the bank and complements the work ethic of professionalism, integrity, efficiency...

  • Money market report for week ending January 11

    On January 7, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on January 8, and attracted bids from euro area eligible counterparties of €7.33 billion, €0.89 billion lower than the...

  • Pound hits seven-week high on eve of vital Brexit vote

    The British pound yesterday hit a seven-week high against the dollar as UK Prime Minister Theresa May delivered an upbeat speech on the eve of a key Brexit vote which she is expected to lose, dealers said. Sterling bounced as high as $1.2879, a...