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Malta Development Bank provides lifeline to 251 businesses safeguarding more than 15,000 jobs through Covid-19 Guarantee Scheme

By the end of June, more than 250 businesses and the livelihoods of more than 15,000 employees and their families were provided with a crucial lifeline of €200 million in…

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Local athletes seek MAAA Challenge boost as National Championship loom

Following the organisation of two micro-events which gave crucial time on track and field for Malta’s top and budding athletes, the level of competition will intensify this Saturday, with the…

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Deaflympian athlete George Vella recognized for establishing a National Record in 800m Indoor Race after 16-year delay

Malta Paralympic Committee (MPC) Vice-President and active athlete George Vella has been finally recognised by the Malta Amateur Athletics Association (MAAA) as having established an indoor National Record for the…

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CiNext – MaltaInsights

by Ci Consulta UNEMPLOYMENT RISES BY A TENTH IN MAY The number of registered unemployed rose by 430 from April to May, an increase of 10.8 percent to reach…

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Thea Grech steals the scene with treble in junior MAAA events

At the Matthew Micallef St John Athletic track, it was a festival of joy of 121 athletes within different age groups of U12, U14 and U16. A few of them,…

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Political leaders should be responsible towards Maltese population and society, not party constituents

Political leadership needs to assume its responsibility not to party constituents but to the broader Maltese population and society. Three leading academics made this statement in the wake of the…

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MAAA Track and field events return for younger athletes

After two successful events for the senior athletes, it is time for the younger ones to shine this weekend as MAAA competitions return for them after an absence of four…

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Malta’s GDP expected to contract 6% in 2020 – EU Economic Forecast

After several years of high growth fuelled mainly by domestic demand, Malta’s economy was beginning to slow down even before the COVID-19 pandemic. The disease and the containment measures it…

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Luke Farrugia breaks own national record with 51.92m discus throw

The second MAAA micro event after the resumption of events saw yet another National Record being broken, with Luke Farrugia improving by almost two metres his discus throw, setting…

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CiNext- People, planet and profit sustainability today

by Claire Bonello The original definition of sustainable development was coined at the first Rio Earth Summit in 1992. In essence it was a focus on “meeting the needs of…

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CorporateDispatchPRO – Sustainability is everybody’s business

The latest issue of Corporate Dispatch Pro is out, pitching multiple perspectives on the relationship between business and sustainability side by side. Traditionally, mainstream business models have been accused of…

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MAAA doubles up with second micro-event after successful resumption of competition

After the successful return to competition last week, the Malta Amateur Athletic Association is welcoming athletes back on the Marsa track and field this Saturday with its second micro-event. With…

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“Sabiħ li Tagħti’ – the joy of giving – Id-Dar tal-Providenza appeals for assistance following substantial investment to safeguard its workers and residents during the pandemic

Id-Dar tal-Providenza is launching a fundraising campaign entitled “Sabiħ li tagħti” – the joy of giving – in order to continue providing its professional services to its residents. Unfortunately, during…

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The nexus between business, policy & society

Social wellbeing cannot be reduced to GDP; quality of life, ethical standards, safety systems, and personal achievements are not accounted for by the size of an economy. And in reflection…

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Malta2030 – A long-term initiative to remodel Malta’s economy into a social enterprise by 2030

Social wellbeing cannot be reduced to GDP; quality of life, ethical standards, safety systems, and personal achievements are not accounted for by the size of an economy. And in reflection…

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Half of the Maltese population buys online every month

Nine in every ten of those with access to the internet have shopped online and more than two-thirds of them do so at least once every month. This is similar…

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19

Jun

Malta Chamber launches re-branded identity

The Malta Chamber of Commerce, Enterprise and Industry, has rebranded its identity to reflect its restless drive to be Malta’s foremost business representative body. Addressing members at the Annual General…

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NOUV Launches Get Governanz to promote good corporate governance

NOUV Malta, a multidisciplinary firm of certified and experienced public accountants, auditors, company service providers and certified information systems’ auditors have launched GetGovernanz, a new corporate initiative to promote good…

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Malta’s Largest Transport & Logistics Operator reacts to new EU Mobility Package

The EU Mobility Package will have an adverse effect on Maltese businesses due to the inevitable increases in freight costs if freight operations are to remain feasible,” according to Franco…

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GO revolutionises TV viewing in Malta

GO goes down in the history of Maltese television as the first provider to introduce a fully flexible TV service. This means that customers get to enjoy TV content that…

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Which countries lifted their travelling and border restrictions?

Austria will reopen its borders to Italy and lift a quarantine requirement for travellers from over 20 other European countries next week, officials said on Tuesday, in a further easing of restrictions imposed…

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Boost for direct credits following CBM campaign

Around 9,000 more people who receive benefits from the Social Security Department will now be getting them paid directly into their bank accounts, following a campaign run by the Central…

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UPDATED: Government unveils €900m economic recovery plan

Updated 0820 - Other reactions Online portal timesofmalta.com reports other reactions from various trade lobbies on the island. The Malta Developers' Association welcomed the fact that its proposals had been accepted…

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Malta’s Airline Pilots Association accuses Air Malta of using CoVid-19 as a pretext to change pilots’ conditions – UPDATED

The Airline Pilot Association (ALPA) on Saturday expressed surprise at the decision taken by Air Malta to make 69 pilots redundant, saying the Covid-19 pandemic was used as a pretext…

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AirMalta makes 69 pilots redundant

Airmalta has taken the decision to make a number of pilots redundant after ALPA demands a €73 million retirement buyout. Airmalta conducted numerous lengthy meetings with the Pilots’ union in…

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Cool ridesharing provides safe rides as Malta gets back to work

As Malta’s return to normality continues, Cool’s commitment toward efficient means of transport supported by full safety and security is further enhanced. As more people return to work, visit loved…

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Strategic Partnership Announced Between EBO.ai and BMIT Technologies

The whole economy is going through a significant shift and one area that is constantly under scrutiny and focus is the quality of customer support offered by businesses. The need…

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Ex-CEO at GO plc to take over top position at Cablenet Communications Ltd in Cyprus

Yiannos Michaelides, a veteran executive with over 27 years’ international experience in successfully leading telcom and media companies, is set to take over the role of CEO at Cablenet Communications…

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HSBC mulling significant restructuring, including sale or closure of Malta operations – FT

Updated with HSBC Bank Malta PLC Company Announcement International lender HSBC is looking at all possible options as it draws up the bank’s biggest restructuring process in its history. Before the…

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Calling for Change

By Lawrence Zammit The post-coronavirus Maltese economy is not expected to be the same as the one we had in the pre-coronavirus times. The new normal will not be like…

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Malta: “We must emerge out of this fog more resilient and energetic for a more competitive Malta” – David Xuereb

"As The Chamber of Commerce, representing all economic activities within these sectors in Malta, we are living through one of the most exciting times of our lives. We are privileged…

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Creative thinking needed for Maltese economy to grow afresh – Malta Chamber

“The country is anxious to take advantage of the opportunities brought about by the disruption of the current COVID19 crisis, and grow”, said the President of The Malta Chamber Perit…

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Relaunch Made in Malta

Malta is in the transitional period that began with the reopening of business on May 4 after five weeks of lockdown. Announcing the restart, the Prime Minister spoke about a…

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‘It is time to open the economy further, and for people to return to work’ – Malta Chamber President

‘It is time to open the economy further, and for people to return to work, in a safe and responsible way’ said the President of The Malta Chamber of Commerce,…

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Clear protocols for the Maltese tourism industry are expected by Monday

In a webinar on the way forward for the tourism sector that was organised earlier today among the Ministry for Tourism, the Malta Tourism Authority and the Malta Hotels and…

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Chamber of Commerce calls for more government support for maritime and logistics industry

The Malta Chamber of Commerce is calling on Government to support the maritime and logistic industry in the wake of the current economic crisis resulting from the restrictions imposed in…

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Mcdonald’s licencee Premier Capital posts €28 Million pre-tax profit in 2019

Premier Capital plc, the Maltese-owned Developmental Licencee for McDonald’s in six European markets, has posted a pre-tax profit of €28 million for the year ended December 31, 2019, up from…

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SME Chamber calls for income tax reduction among proposals to restart the economy

The SME Chamber has proposed the reduction of income tax to 20% among a series of wide-ranging proposals to support the restoration of economic activity. In a statement, it said…

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Malta Chamber presents set of proposals to support business resilience and adaptation

The Malta Chamber has presented a fresh set of proposals on restructuring towards COVID resilient businesses. In a statement, the Chamber said that these proposals were handed over to the…

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GO experiences all-time record high in traffic on all networks

In the past month, GO has experienced an all-time record high in traffic on all networks, with traffic on its mobile network increasing by more than 50%, whilst that on…

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Community People

by Professor JosAnn Cutajar, Department of Gender Studies, Faculty for Social Wellbeing Definition of Community A community consists of a group of individuals or families that share certain values, interests,…

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Malta tops worldwide ranking of Covid-19 spending packages – BBC

Malta has invested in the largest financial package in terms of support measures covering families, business and job support since the onset of the coronavirus pandemic worldwide. This outstanding achievement…

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Dar tal-Providenza finds timely support in Bad Boy Cleaners

Bad Boy Cleaners employees donated their time to residents at Dar tal-Providenza to fill in for regular cleaning staff who cannot report for work because of the ongoing emergency. The…

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Corporate Interview with Lawrence Pavia, MD of Island Insurance Brokers

A pioneer in the insurance industry, LAWRENCE PAVIA, the managing director of of Island Insurance Brokers, admits the sector is responding very well and appropriately to the current circumstances. “Within…

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We owe it to employers

by Jesmond Saliba May is ushering in a new Spring over Europe as most countries are finally taking their small steps forward from what felt like an interminable hibernation. The…

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Government of Malta publishes legal notices aimed at easing CoVid-19 restrictive measures

Government of Malta has published the respective legal notices related to the easing of restrictive measures implemented to contain spread of CoVid-19 in Malta. L.N. 170 of 2020 – Enforcement…

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Malta Chamber of Commerce welcomes relaxation of economic restrictions

The Malta Chamber welcomed the latest announcements by Government to relax the economic lockdown, predominantly measures affecting non-essential retail. The Malta Chamber said in a statement this afternoon that it…

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Government extends wage supplement by 2 months, shares plan to ease restrictions with MCESD

Government has announced that its COVID-19 wage supplement, which was originally announced for the months and April will be extended for another two months, covering May and June. Economy Minister…

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Saving the tourism sector from the coronavirus pandemic

Hotel Metropole is one of the most iconic tourist hotspots in Brussels, and has been welcoming guests in its lavish rooms since 1895. But this hotel has also fallen victim…

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Dr Gordon Cordina appointed new chairman of Bank of Valletta

The government has nominated Dr Gordon Cordina as the new chairman of the Board of the Bank of Valletta. His appointment, subject to Regulatory Approval, shall take effect on the…

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MEA calls for temporary reduction in VAT to kickstart Maltese economy

Businesses resisting layoffs but will reconsider decisions if situation persists - MEA Survey While most companies were doing their best efforts to keep all employees, 28% had placed a number…

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Vienna Airport Group launches saving programme – postpones dividend

Vienna Airport launched a savings programme equivalent to a quarter of annual revenue on Friday in response to the travel falloff caused by coronavirus and said state aid will ensure…

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Producers seek support to boost Maltese film industry

The Malta Producers Association (MPA) published a comprehensive proposal document in which it laid down reforms, measures and recommendations in order to restore and restructure the local Film and TV…

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European Commission approves a €5.3million COVID-19 R&D Fund for Malta

The European Commission has approves a €5.3million COVID-19 Research & Development Fund for Malta. The aim of this Fund will be to provide innovative and/or improved approaches with regards to…

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Malta Development Bank and BOV launch financing scheme to assist local business during pandemic

Bank of Valletta, together with the Malta Development Bank (MDB), have launched the ‘BOV-MDB COVID Assist’, a financing scheme aimed at assisting local businesses facing unprecedented disruptions brought about by…

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CBM expects economy to recover by 2021 but projections hinge on duration of pandemic and size of response

The Maltese economy will recover and start growing again next year. In a report, the Central Bank of Malta emphasised that which international credit agencies and the International Monetary Fund…

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Malta Customs announces two months deferral of Excise Duty payments

In view of the current economic challenges resulting from social restrictions aimed at controlling the coronavirus pandemic, Government has agreed to the postponement of excise duty payments. This was announced…

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