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Malta Development Bank strengthens economic presence to support business regeneration – Professor Josef Bonnici

The Malta Development Bank (MDB) has over the past few months established and maintained a strong presence in the Maltese economy by providing the necessary support to businesses during these…

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Malta’s Government & Chamber urge people and businesses to prepare for all scenarios of Brexit

Government and business leaders are urging people and businesses to prepare for all possible scenarios, in consideration that Brexit will impact all sectors. In a press event organised this afternoon,…

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Maltese Govt updates Covid-tests travel requirements

The government has updated the list of countries from which travellers must present a negative Covid-19 test result which is carried out less than 72 hours before. In a statement,…

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Now is the time to re-think our tourism strategy – Dr George Cassar

“Trying to save our tourism sector has helped us realise that our immediate health and safety are more essential than the economy. However, now is the time to see how…

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06

Nov

Malta Chamber worried about current challenges faced by Manufacturing sector

The Malta Chamber of Commerce, Enterprise and Industry welcomed the investment of €470 million, over an eight-year period, in the infrastructure of the Manufacturing sector, which was announced by Government.…

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HSBC Malta to permanently close four branches

HSBC Bank Malta p.l.c. has announced that the branches in Mellieħa, San Ġwann, Żabbar and Żebbuġ, which are currently closed, will not be re-opening. In a statement it said that…

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Renowned Future Thinker to address exclusive SME event on Thursday

Futurist Gerd Leonhard will deliver the keynote speech at this year’s SME National Forum organised by the Malta Employers Association on Thursday 29 October. Listed among the top 100 most…

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Malta files complaint against the first Mobility Package before the Court of Justice of the European Union

Malta has filed a complaint before the Court of Justice of the European Union against Mobility Package 1, Government said in a statement this afternoon. The package of measures adopted…

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FELTOM Welcomes Budgetary Measures

The Federation of English Language Teaching Organisations of Malta (FELTOM) welcomes the Budget 2021 measures announced this week by Government as a step in the right direction that will help…

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Significant decline in Malta’s attractiveness for investment, study finds

While the majority of respondents in the annual competiteveness survey by advisory firm EY found that the majority of businesses find Malta to be an attractive destination for FDI, at…

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MHRA says budget averts worst effects of pandemic in near future

The Malta Hotels and Restaurants Association (MHRA) said that Government had delivered a budget which averts the worst effects in the near future being caused by the pandemic. It noted…

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Budget 2021: MDA welcomes incentives boosting economic activity

The Malta Developers Association (MDA) welcomed the various initiatives announced in the Budget and said it was satisfied that several of its proposals have been taken on board by the…

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SME Chamber pleased to see number of its proposal make their way in Budget 2021

The Malta Chamber of SMEs said that it was pleased to see a number of its Budget proposals taken up and welcomes the extension of the most important Covid Support…

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Malta Chamber says Budget 2021 was Rich in social measures, vague on economic recovery

The Malta Chamber said in a statement that yesterday's Budget was rich in social measures but vague on economic recovery. It expressed disappointment that next year's budget does not address…

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English language teaching business plummets 80% – FELTOM

FELTOM publishes analysis of Covid-19 impact on English Language Teaching schools The Federation of English Language Teaching Organisations Malta (FELTOM) has just published a report on the impact of the…

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Employers adopting a cautious approach in their remuneration strategy – MISCO

Compared to last year, total remuneration in Malta increased by 2.8 percent, driven mainly by sectors that have steadily kept up the demand for employees, particularly those least affected by…

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Gozo Now IoT Ready With First Smart Parking Project

A year after the inauguration of the Gozo Innovation Hub, the first project involving a new smart parking system installed in Victoria Gozo is now operating. This is the first…

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GO Ventures Part of €41 million Investment in Apple and Samsung Partner Servify

GO Ventures has just added an investment in the device lifecycle management platform Servify to its portfolio, taking part in the Series C financing round for the five-year-old start-up that…

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GO To Bring Exclusive Malta’s Got Talent Footage

GO brings hours of behind the scenes footage, auditions, interviews for free Following the recent announcement of the partnership between GO and Mint Media Limited – producers of Malta’s Got…

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Malta Enterprise and MEA sign cooperation agreement

Malta Enterprise and the Malta Employers Association signed a cooperation agreement which will enhance collaboration between the two entities in the area of employment relations as well as contributing to…

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Malta Development Bank reaches agreement with BOV for delivery of Small Loans Guarantee Scheme

The Malta Development Bank has announced Bank of Valletta as the first bank to sign up to its Small Loans Guarantee Scheme (SLGS), with a number of other commercial banks…

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MEA presents budget proposals, focuses on better quality of life

The upcoming budget should serve as a catalyst to support the economy in moving forward, seeking quality over quantiy. In presenting its proposals for Budget 2021, the MEA said that…

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Malta: BOV and MDB scheme disburses over €190 to businesses:

Business Today reports that a joint project between Bank of Valletta and the Malta Development Bank to support the liquidity needs of businesses has approved over €190 million for 265…

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Malta Chamber of SMEs calls for lower VAT, income tax for businesses in bid to regenerte economy

The Malta Chamber of SMEs has published 19 Budget proposals that mainly focus on the required urgent response mechanism to counter the effects ofthe Covid 19 pandemic on businesses. Introducing…

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Wiki Loves Monuments 2020 in Malta launched

The fifth edition of Wiki Loves Monuments, the Guinness World Record holder for the largest photography competition, is taking place again in Malta this year. The competition brings together photographers from…

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Recognition, Personal Development and Stability most appealing company values sought by Job Seekers

Employee orientation and recognition, employee development and enhancement as well as job stability are the main three values that employees find most appealing when considering applying for a post with…

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Cost of living increases in Malta as eurozone sees decline in prices

In August 2020, a month in which COVID-19 containment measures continued to be lifted, euro area annual inflation is expected to be -0.2%, down from 0.4% in July according to…

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CiNext – Reskilling is a social imperative

by Jesmond Saliba From CorporateDispatch PRO The pandemic has knocked down many of our assumptions; the idea of reskilling is not among them. If anything, its relevance has only risen…

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CorporateDispatchPRO – Edition 9

The CorporateDispatch PRO eJournal bringing you news, views and insights from Malta, Europe and around the world. This edition focuses on re-skilling amidst the Covid-19 pandemic. It also covers the…

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Global communications platform backed by Malta-based EBO

EBO.ai and Vonage joined forces to develop a multi-channel conversational solution that brings EBO’s Virtual Agent to the world’s biggest messaging app, WhatsApp, for the first time. The collaboration means…

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Financial sector stability remains strong – CBM

The resilience of the Maltese banking sector has improved and the sector entered the pandemic phase with healthy capital levels and strong liquidity. This was the assessment of the Central…

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Refund of 50% of business electricity bills announced

Government today gave details on the Electricity Refund Bill Scheme which was launched as part of the Plan for the Regeneration of the Economy, which was announced back in June.…

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Malta Chamber announces CEO appointment

The Malta Chamber of Commerce, Enterprise and Industry announced on Monday 24th August 2020 the appointment of Edward Chetcuti in the new role of Chief Executive Officer. The President of…

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Maltese economy heading to unprecedent contraction – CBM

Latest data suggest that the Maltese economy is likely to have recorded an unprecedented contraction in the second quarter of 2020, though there are signs of some stabilisation in the…

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Athletics: Records tumble in MAAA National Championships

An incredible display of local talent came to a close last weekend at the Matthew Micallef St. John athletics stadium at the Cavalieri Art Hotel National Championships. 30 events unfolded…

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GO subsidiary in Cyprus is first foreign registered company to issue and list bonds locally

Cablenet Communications Systems plc, a subsidiary in which GO holds a 60.26% share, is the first foreign registered company to have issued €40 million worth of bonds locally which were…

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CiNext – Malta Insights

JUNE RECORDS DROP IN INDUSTRIAL PRICES A decrease in intermediate goods pushed down the Industrial Producer Price Index for June by 0.27 percent from the same month last year. Data…

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Cavalieri Art Hotel National Championships to bring gruelling athletic season to climax

Malta’s athletic season, probably one of the longest and toughest in recent history, reaches its climax this weekend with the Cavalieri Art Hotel National Championships 2020 organised by the Malta…

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Russia, Malta agree to raise withholding tax on interest, dividend payments to 15%

Russia and Malta have agreed to amend their taxation treaty, Russia's finance ministry announced on Friday, raising the withholding tax rate for interest and dividend payments to 15%, with exceptions…

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Consumer sentiment in Malta improves in July

The overall consumer sentiment continued to improve in July 2020, based on research conducted by EMCS – a consultancy and research firm - on behalf of the European Commission. Due…

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Cabinet of Ministers meeting hosted by The Malta Chamber at the Exchange Buildings for the first time in history

During an extraordinary meeting of the Cabinet of Ministers which was held at The Exchange Buildings, offices of The Malta Chamber of Commerce, Enterprise and Industry, the country’s political leadership…

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Five Government Agencies Attend Getgovernanz’s First Due Diligence Course

“The fact that this first course was delivered to a number of government agencies sends a very positive message to the business community and demonstrates that continuous training is recognized as…

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Malta: SME access to liquidity facilitated through Malta Development Bank scheme

The Malta Development Bank has introduced a new initiative intended to support smaller businesses take out loans under the COVID-19 guarantee scheme (CGS) without the need for high levels of…

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Malta Development Bank facilitates SME access to liquidity through new scheme for smaller loans

In its efforts to support the recovery of the local business community, the Malta Development Bank has introduced a further initiative intended to support smaller businesses in taking out loans…

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GO Reports Healthy Financial Position In First 6 Months

GO p.l.c. has today published its interim financial statements covering the period January to June 2020, a period that was predominantly characterised by unprecedented events brought about by the Covid-19…

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Athletics: Last MAAA Challenge presents perfect final tune up for senior athletes before National Championships

Senior athletes return on stage this weekend for the final MAAA Challenge of the season, serving as the final tune-up before the Cavalieri Art Hotel National Championships scheduled on the…

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GO Ventures Invests in Digital Coaching Platform Mindbeat

GO Ventures has signed an investment agreement with Mindbeat Ltd, a digital coaching platform that connects people with great coaches, an investment that should fuel Mindbeat’s international growth over the…

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Malta Chamber calls for refreshing of Maltese economic model

Business leaders, academics, and various experts from a number of fields called for Less Government and More Governance as a way forward for the country to truly reach its ambitions…

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Athletics: String of records broken during Youth Championships and Seniors’ Open Challenge

Despite the early August heat, Malta’s top and emerging athletes produced a string of admirable performances during the National Youth Athletics Championships as well as the Seniors Open Challenge organized…

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CorporateDispatchPRO – Edition 8

Now that the dust has settled, we take a look at what the historic EU Budget negotiations mean for European citizens. Also, in this edition: things are heating up between…

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Succeeding the Moneyval test is a shared responsibility – Malta Chamber

The Malta Chamber called for a clear communication strategy to report on unambiguous progress achieved in updating Malta’s regulatory infrastructure relating to anti-money laundering, as the country prepares to face…

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Construction is a successful industry that remains in dire need of discipline – Malta Chamber

The Malta Chamber of Commerce, Enterprise and Industry has described the situation in construction and building as "shocking", yet again resulting in loss of life on a construction site. The…

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Athletics: Season reaches climax for young athletes with final event

The MAAA will this Saturday be hosting the sixth and final meeting of the year for young athletes, pertaining to the Under 12 and Under 14 categories, culminating long months…

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Malta: Businesses sign up to MDB Covid-19 loan guarantees

Business Today reports that nine in ten of companies that made use of the Covid-19 loan schemes by the Malta Development Bank were SMEs. Meanwhile, 13 companies have taken out…

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CiNext – Technology – a silver lining of the Covid era

by Isabelle Micallef Bonello The Covid-19 shock accelerated the adoption of technology across business sectors. The need to reach customers online necessitated company-wide adoption of new automated technology-enabled solutions. The…

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CiNext – Malta Insights

Fitch Ratings expects unemployment in Malta to double in 2020 Fitch Ratings is forecasting unemployment in Malta to double throughout 2020 as a result of the coronavirus pandemic. In its…

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CiNext – The impact of digitalisation on activism

by Laura Emma Grima Digitalisation has altered our world in a multitude of ways, impacting various issues such as employment, communication, health, resources, and security. It is continuously changing the…

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