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  • Company briefs

    Express Trailers new warehouse Work on Express Trailers new 2,800sqm warehouse is in its final stages. Located centrally in Qormi, this new warehouse centralises on all of Express Trailers’ managed warehousing activity in one depot to cater for...

  • Blockchain regulator to also look into AI, big data and IOT - junior minister

    Blockchain regulator to also look into AI, big data and IOT - junior minister

    A newly-created watchdog tasked with regulating Malta’s blockchain sector will also be developing frameworks for other disruptive technologies, parliamentary secretary Silvio Schembri has said. The Malta Digitial Innovation Authority would be...

  • International trust law in Malta

    This piece is inspired by a recent application to the First Hall of the Civil Court for the issue of an injunction. The lawsuit is currently sub judice and therefore it is best to maintain anonymity. However, the process and decision concerning...

  • Index surrenders previous week’s gains

    The MSE Equity Total Return Index declined by 0.5 per cent this week, to close at 8,668.684 points, surrendering a large portion of last week’s gains. The equities’ market was dominated by selling pressure as out of 18 active equities, ten closed...

  • Trade data lifts US dollar, stocks flat on mixed earnings

    The safe-haven US dollar touched to a two-week high yesterday after data showed a record Chinese trade surplus, while Wall Street stocks were little changed on mixed bank earnings and gains in industrials. Stocks in Europe edged higher. Gold...

  • New SME initiative programme will provide €22m

    New SME initiative programme will provide €22m

    The Commission, the European Investment Bank Group and the Maltese government have agreed to increase the financing available under Malta's SME initiative programme. The SME invests Cohesion Policy funds via financial instruments and provide SMEs...

  • Italy won't ratify EU free-trade deal with Canada - deputy PM

    Italy won't ratify EU free-trade deal with Canada - deputy PM

    Italy will not ratify the European Union's free trade agreement with Canada, Deputy Prime Minister Luigi Di Maio said on Friday, potentially scuppering the EU's biggest accord in years. "Soon CETA (the Comprehensive Economic and Trade Agreement)...

  • The significance of the yield curve

    The significance of the yield curve

    Terms like “yield curve” can be mind-numbing if one is not a bond trader, or may have not ran through the academic financial world, but the mechanics and practical impact of it are fairly straightforward. First and foremost, the yield curve is a...

  • Plans for new bank based on blockchain

    Plans for new bank based on blockchain

    One of the world’s largest cryptocurrency exchanges, Binance, announced on Thursday its backing of a proposed new bank owned by digital coin investors. Binance relocated to Malta earlier this year after a regulatory crackdown on the...

  • Investment products sold to inexperienced investors top complaints list

    Investment products sold to inexperienced investors top complaints list

    Claims of complex investment products being sold to inexperienced investors accounted for almost two-thirds of complaints filed last year with the Office of the Financial Arbiter. The office received 175 complaints last year, including 112 against...

  • A new political economy?

    A new political economy?

    Last week I wrote about the disruption that is being caused by changes in technology, trade tariff wars, the immigration issue, the growth of the knowledgeable workforce, changes in society and other elements. I asked how business leaders and...

  • MBA seminar to discuss blockchain

    The Malta Bankers’ Association is organising a seminar with the theme ‘Blockchain, Innovative Technologies and Regulation’, targeting financial service providers’ concerns relating to the recently-enacted comprehensive DLT legislation.  The...

  • Beijing urges US firms in China to lobby Washington over trade war

    Beijing urges US firms in China to lobby Washington over trade war

    China said foreign firms operating in China would suffer in a trade war, urging US companies to lobby their government to protect their interests, and said no talks to end the impasse were currently under way. Earlier on Thursday, South Korea...

  • Stocks, commodities regain footing after dropping on trade worries

    Stock markets around the world bounced back yesterday, with US gains led by merger activity and earnings optimism that offset concerns over an escalating US trade battle with China that had weighed on markets a day earlier. Metals also rebounded,...

  • Several equities close unchanged

    Several equities close unchanged

    The MSE Equity Price Index added 0.08% to 4,373.330 points on light volumes as merely €0.08 million worth of shares changed hands. Furthermore, most equities ended the day flat with changes being registered in just three equities – Plaza and HSBC...

  • ECB sees rates at record low levels for as long as needed - minutes

    The European Central Bank will keep rates at a record low for as long as needed to raise inflation, and its interest rate guidance should be seen as "open-ended", policymakers concluded in June, according to minutes of their meeting published on...

  • 25-year loyalty award

    25-year loyalty award

    Mitsubishi Electric Air Conditioning Systems has awarded Panta Lesco Malta a loyalty award for expanding business and brand awareness and achieving long-lasting co-operation for over the past 25 years. The Panta Lesco Group started off as a small...

  • EU too soft on fiscal rules, risks from high-debt states - auditors

    EU too soft on fiscal rules, risks from high-debt states - auditors

    The European Commission has applied fiscal rules with excessive flexibility, making them ineffective in reducing debt in highly indebted states such as Italy, auditors said on Thursday, warning of risks of spillovers from negative market...

  • Identity Malta shaves weeks off work permit process

    Identity Malta shaves weeks off work permit process

    Identity Malta would shave off weeks from the work permit process by allowing foreign workers to start working as soon as their application was approved, Parliamentary Secretary Julia Farrugia Portelli said on Thursday. The applicant will be...

  • UK financial firms need to apply for licence in EU by this month

    UK financial firms need to apply for licence in EU by this month

    Financial firms in Britain which need a base in the European Union after Brexit should apply for a licence this month in case of a disorderly UK departure, the EU securities watchdog said on Thursday. The European Securities and Markets Authority...