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  • Significant reduction in plastic waste expected with beverage refund scheme

    Significant reduction in plastic waste expected with beverage refund scheme

    Empty beverage containers contribute to the volume of waste generated in Malta, particularly in the more highly populated and tourist areas. Waste is an environmental challenge that has serious and negative environmental and public health...

  • Public lecture at Central Bank of Malta

    Stefano Siviero, Bank of Italy’s representative on the ECB’s Monetary Policy Committee, will deliver a lecture on ‘Unconventional monetary policy in the euro area: macroeconomic context, effectiveness, unintended consequences and...

  • Partner event over tea

    Partner event over tea

    Known for bringing like-minded individuals together to exchange their knowledge and expertise, last week Anchovy. teamed up with The Phoenicia Malta to host their first ever partner event. Attendees, accompanied by a number of the agency’s...

  • Dow, S&P 500 drop as dollar rises, yield curve flattens

    US stocks were slightly lower in choppy trade yesterday while the dollar strengthened and the US yield curve flattened after European equities reversed earlier gains to close lower. US futures had pointed to gains, but the major indexes turned...

  • Money market report for week ending October 19

    On October 15, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on October 16 and attracted bids from euro area eligible counterparties of €7.86 billion, €0.56 billion higher than...

  • Government concessions to come under scrutiny

    Government concessions to come under scrutiny

    A new entity is to be created and made responsible for ensuring government concession agreements are observed, Finance Minister Edward Scicluna announced in the Budget speech on Monday. The entity will monitor all concessions granted by the...

  • SMEs to be assisted to cope with Brexit

    SMEs to be assisted to cope with Brexit

    Malta Enterprise will next year launch a scheme to help small businesses whose activity depends on the UK market, Finance Minister Edward Scicluna said during the Budget speech on Monday. He said the scheme will assist businesses through business...

  • Tigné Mall share price retreats to a fresh 2018 low

    Tigné Mall share price retreats to a fresh 2018 low

    The MSE Equity Price Index eased by 0.15% to 4,527.870 points today, mostly driven by the drop in the share price of HSBC which, coupled with the declines in three other shares, outweighed the gains in BOV and MIDI. Meanwhile, another four shares...

  • Life after EU elections

    Life after EU elections

    In a few months’ time, 450 million Europeans should be going to the polls to elect their EU Parliament representatives. The election will be followed by months of horse trading as the different political groupings decide on critical key positions...

  • The Brexit end game

    The Brexit end game

    A few weeks ago, I wrote in this paper that EU member states should support the UK government Chequers plan. Today, this does not seem to be viable any longer. It now seems likely that support for the plan has holes the EU will not countenance and...

  • Shipping movements

    The following ships are expected in Malta: The CMA CGM Musset from Koper to Port Said, the Fas Dammam from Misurata to Catania, the APL Oregon from Aliaga to Valencia (all CMA CGM Malta Agency Ltd), the MV Eurocargo Olympia from Salerno to...

  • Setting up a blockchain technology company

    Setting up a blockchain technology company

    Being the first to enact a framework to regulate blockchain, publish various consultation papers and introduce numerous block­chain initiatives, Malta, the Blockchain Island, is making big steps forward in the realm of blockchain and Distributed...

  • Pre-June 1995 residential leases

    Act No. XXVII of 2018 entitled the ‘Housing (Decontrol) Ordinance (Amendment) Act, 2018’, was brought into full effect on August 1 by means of Legal Notice 259 of 2018. The said Act stipulates that where a person is in occupation of a dwelling...

  • A get-out-of-jail-free card?

    A get-out-of-jail-free card?

    “As long as the music is playing, you’ve to get up and dance,” Chuck Prince, CEO of Citigroup, once quipped. “And we are still dancing.” He said this on the eve of the Great Recession, when banks were still putting ever higher chips on ever...

  • MSE Equity Index continues its positive trend

    MSE Equity Index continues its positive trend

    The MSE Equity Total Return Index extended its positive trend to five straight weeks, adding a significant 0.465 per cent to close at 9,023.179 points.  Turnover, which amounted to €2.3 million, was spread across 21 equities, of which six fell and...

  • Fed maintains hawkish tone despite Trump’s demands

    The majority of top Federal Reserve (Fed) policymakers believe that interest rates will have to continue to rise until the economy slows down from the increased cost of borrowing, according to the minutes of the central bank’s September monetary...

  • Salaries increase by 3% in a year

    Salaries increase by 3% in a year

    Salaries in Malta rose by an average of three per cent over the past 12 months, the latest figures by Misco show. Data published in the Salaries and Benefits Report 2018/2019 reveals a stable increase in salaries across most positions. The annual...

  • Company briefs - October 21, 2018

    Mazars recently launched a global initiative aimed at giving future workers an insight into what professional life looks like in an increasingly digital workplace. The company’s new #InsideMyPhone campaign offers a way to experience what a...

  • One size does not fit all when it comes to investments

    One size does not fit all when it comes to investments

    There is no single investment solution that suits everyone; what will work for you depends on your own objectives, time-frame and risk appetite. The same applies to any financial planning – whether you are looking at investments, tax planning,...

  • Demolition firm builds name

    Demolition firm builds name

    Among Famalco Group’s diverse range of companies one finds excavation and demolition specialist Faceworks Ltd. Although one of Famalco’s youngest members, the company has established a well-earned name for itself within the industry. Through...