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  • Money market report for week ending December 7

    On December 3, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The operation was conducted on December 4 and attracted bids from euro area eligible counterparties of €6.6 billion, €0.06 billion higher than...

  • Advisory council backs government's fiscal projections

    Advisory council backs government's fiscal projections

    The government’s latest financial forecasts were endorsed by the Malta Fiscal Advisory Council on Monday. Set up by the Finance Ministry, the independent council is tasked with reviewing fiscal and economic policy objectives proposed by the...

  • Trade deficit soars in October

    Trade deficit soars in October

    Malta had an international trade deficit of €303.2 million in October 2018, compared to €175.5 million in the corresponding month of 2017, the NSO said on Monday. Imports increased by €7.3 million, while exports decreased by €120.5 million. The...

  • Rules every trader needs to keep in mind

    Warren Buffet had once said that Benjamin Graham's book ‘The Intelligent Investor’ is the best book ever written on investing. In my opinion, the most important quote from this book is "The essence of portfolio management is the management of...

  • The Celtic Tiger is back

    The Celtic Tiger is back

    A decade after the collapse of Irish public finances in 2008 there is talk that the Celtic Tiger has arisen from the ashes and is on the prowl. After a remarkable recovery since 2014, will today’s management of the Irish economy once again wound...

  • International recognition for IFS Malta at annual dinner

    International recognition for IFS Malta at annual dinner

    IFS Malta recently organised its annual dinner, a well-established event on the financial services calendar that brings together the leading players in the financial services sector together with others from the wider economy to listen to keynote...

  • Shipping movements - December 10, 2018

    The following ships are expected in Malta: The Stellar Wakamatsu from Dekheila to Algiers, the CMA CGM Racine from Koper to Port Said, the CMA CGM Nerval from Aliaga to Valencia (all CMA CGM Malta Agency Ltd), the MV Euroferry Egnazia from Salerno...

  • Gaming Authority CEO: ‘We need to step up compliance’

    Gaming Authority CEO: ‘We need  to step up  compliance’

    The new CEO of the Malta Gaming Authority has called for an improvement in the culture of compliance, saying that this does not depend solely on the regulator and the government.  “Compliance cannot only belong to the regulator. It has to belong...

  • Approaching a crossroad

    Approaching a crossroad

    Last Saturday I had the pleasure of attending a seminar organised by the Malta Stock Exchange Institute where I sat with a panel of fellow colleagues from the industry to discuss the investment outlook for various asset classes, both locally and...

  • PwC survey shows level of anxiety in hotel industry

    PwC survey shows level of anxiety in hotel industry

    Thirty-five per cent of the hotel industry is concerned that Malta’s strong economic performance will lead to overheating – which will have an adverse effect on the industry in general, according to PwC Malta’s third market barometer. The...

  • Government stocks up as investors turn to risk-off mode

    Government stocks up as investors turn to risk-off mode

    MSE Equity Total Return Index moved in line with most of its global counterparts, as the index closed 0.852 per cent in the red at 8,841.043 points. Turnover levels spiked week-on-week, increasing from €1.18 million to €3.07 million, as activity...

  • Eurozone business growth slows in November

    Output growth by firms across the eurozone decreased in November as a manufacturing slowdown spread to its dominant services sector, while Brexit uncertainty hindered British businesses, surveys showed. The final eurozone composite purchasing...

  • Open banking and PSD2: the role of competition in banking reform

    As bankers and regulators reflect upon the 10 years since the global financial meltdown, we are witnessing what could potentially translate into a fundamental shift in the regulation of banking and payment services. In the initial aftermath of the...

  • Company briefs - December 9, 2018

    BDO Malta recently hosted a panel discussion at the GDPR and Privacy Summit held in Malta as part of a worldwide roadshow spanning across continents. Moderated by Rakele Gauci, Risk & Compliance manager at BDO Malta, the panel included Allen Mamo,...

  • A family affair

    A family affair

    The Malta Chamber of Commerce, Enterprise and Industry recently organised a conference on family businesses or business families as part of its activities to commemorate its 170th anniversary. The aim was to celebrate family businesses and their...

  • Frank Salt Sliema branch hosts art collection

    Frank Salt Sliema branch hosts art collection

    Frank Salt’s Sliema branch once again transformed itself into an art gallery, hosting a solo art exhibition for local artist Geoffrey Ciantar. This is the second exhibition held at the Sliema office this year, the first being by Nickie Sultana...

  • Car sharing: a choice for the environment

    Car sharing: a choice for the environment

    Pollution and its main cause, traffic, have an undeniable and profoundly negative impact on quality of life. For motorists, the thought of facing gridlock traffic every day is often accompanied by a sinking feeling of dread and anxiety. Motor...

  • New commuting solution on the market

    New commuting solution on the market

    iGO is the next business venture Famalco Group will be launching on the local market. Its objective is to offer an additional commuting solution. The group has been developing and introducing brands – both locally and internationally – since 1994...

  • Magazine to see exciting changes

    Magazine to see exciting changes

    Lifestyle magazine VIDA, published by Focused Knowledge Limited – a creative division within Famalco Group – will see exciting changes next year. The main aim of the magazine is to empower people to lead a better, healthier and happier life while...

  • New schedule of courses at the Malta Society of Arts

    New schedule of courses at the Malta Society of Arts

    Applications are now open for the Malta Society of Arts’ (MSA) new schedule of winter courses in the Visual, Applied and Performing Arts, and people of all ages are encouraged to apply. Students who are already enrolled on the courses that started...