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Malta Institute of Accountants holds 60th AGM

Mark Anthony Bugeja confirmed as Institute’s President in first Council meeting The Malta Institute of Accountants (MIA) held its 60th Annual General Meeting on 26th September 2024 at Villa Arrigo.…

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MEA holds Pre-Budget Consultations with the Opposition whilst calling for Strategic Focus and Investment in Quality, Skills, and Technology

The Malta Employers Association (MEA) presented its proposals for the forthcoming Budget to the Leader of the Opposition and various Shadow Cabinet ministers. MEA President Joanne Bondin said that the…

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Maritime industry leaders welcome step towards national strategy and outline strategic priorities

Stronger investment in infrastructure, in supporting industry to embrace sustainable practices as well as in securing the associated skills, in the promotion of Maltese industry and the need for a…

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GO To Invest A Further €5 Million To Support Maltese Film Producers

After an initial investment of €2.4 million in Maltese productions for its television channel TOKIS in 2022, GO has now confirmed it will be increasing its investment in Maltese production…

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18

Sep

World Maritime Day – Its Implication on the Maltese Maritime Industry

On the occasion of the World Maritime Day, which the International Maritime Organisation (IMO) celebrates every year on the 26th of September, the Malta Maritime Forum is organising a half…

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Moneybase Launches 16-17 Student Accounts

Following the recent introduction of free SEPA payments by Calamatta Cuschieri and Moneybase to all individual and joint account holders, Moneybase has just launched its Student Account, effectively opening its…

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MDB and MCAST aligned on Student Development and Career Readiness Initiatives

An informative visit by MDB Chairperson Leo Brincat and CEO Paul V. Azzopardi at the Malta College of Arts, Science and Technology (MCAST) focused on student development and career readiness.…

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Von der Heyden Group pushes for sustainable solutions in hospitality and construction

“With real estate and development being key areas of business for our Group, the pressure on companies like ours in the context of the European Green Deal, evidently, has become…

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FinanceMalta to host Malta’s Largest Financial Services Event

With over 600 delegates, 40 prominent local and international speakers and increased foreign attendance, FinanceMalta’s Annual Conference this coming 29th November is set to confirm itself as Malta's largest financial…

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GO Registers €14.3m in Profit in First Six Months of 2024

GO plc has published its interim financial report for the first half of 2024 showing revenue of €113.5 million which led to a consolidated profit before tax of €14.3 million…

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GO Launches VoLTE, Marking a Major Milestone in Mobile Technology Evolution

GO is proud to announce the launch of Voice over 4G LTE (VoLTE), a significant advancement in mobile technology that transforms how customers experience mobile communication. With this launch, GO…

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ATTO Welcomes Malta’s Role on EU Transport Committee

ATTO, Malta’s Association of Tractor and Trailer Operators has welcomed the fact that Malta will now have a direct role on the European Commission’s Transport Committee. “The fact that Malta…

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McDonald’s Sliema Restaurant Now Open

Premier Restaurants Malta has reopened its popular Sliema restaurant at Tigne’ Creek on July 12, showcasing a contemporary new design, following a major upgrade which required its temporary closure earlier…

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Financial Services Sector Contributing 97% To Malta’s Foreign Direct Investment

The financial services sector in Malta continued to grow in strength, with NSO data showing that 97.6% of Malta's €500 billion stock of foreign direct investment is now attributable to…

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No longer at the mercy of tour operators – MTA CEO

According to the strategy document “Recover, Rethink, Revitalise”, by 2030 the accommodation capacity will double. This could have serious implications on infrastructure, and residential sentiment. “Achieving a balance between attracting…

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APS Bank and Malta Development Bank strengthen collaboration

APS Bank and the Malta Development Bank (MDB) have signed an agreement further solidifying their collaborative efforts to foster business growth and economic development locally. Building on their existing partnership,…

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Express Trailers Completes New Cross Dock Project

Express Trailers has inaugurated a new €600,000 investment in a third temperature-controlled warehouse and a new cross-dock facility for the loading and unloading of pharmaceutical cargo in temperature-controlled environments. Both…

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FELTOM Appoints New CEO

The Federation of English Language Teaching Organisations in Malta (FELTOM) has announced the appointment of Jessica Rees-Jones as its new Chief Executive Officer. She succeeds Caroline Tissot, who served as…

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RS2 and ACI Worldwide Launch One-Stop Solution for Acquirers and Issuers in Brazil

New offering combines the best of ACI’s and RS2’s acquiring and issuing capabilities to launch a joint solution for the Brazilian market Cloud-enabled platform allows payment companies to launch new…

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Focal Maritime Services completes sand delivery to Buġibba and St. George’s Bay beaches

Two of the most popular beach locations in Malta, the Buġibba perched beach and St. George’s Bay are now ready for Summer’s beachgoers following a major sand delivery carried out…

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20

Jun

FELTOM Publishes English Language Travel Industry Report 2023

According to the FELTOM survey, conducted by Deloitte, FELTOM-affiliated schools have reported increases in total revenue in 2023 of 10.9% compared to 2019. According to the report, tuition revenue per…

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Accountancy plays key role in achieving net zero targets and ESG objectives

The accountancy and auditing profession is called to play a wider role in achieving the nation’s net zero targets and in facilitating the transition towards a more sustainable economy. This…

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Calamatta Cuschieri’s Growth Portfolios Have Registered A 16.5% Growth

“Whereas the factors supporting the economy in 2023 included strong labour markets, excess Covid-19 savings, and namely expectations of eventual rate cuts, in 2024 the market’s positive performance continues to…

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InvestEU: EIF – Malta Development Bank agreement to mobilise around €44 million in investments in sustainable and creative projects

The European Investment Fund (EIF), part of the EIB Group, has joined forces with the Malta Development Bank (MDB) in further driving the green transition in Malta, and supporting cultural…

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Huge Potential for Capital Markets as Deposits by Households Reach €20 Billion

The instrumental role of capital markets in supporting Malta’s economic progress in recent years and their potential to help the country to pursue substantial investments necessary for sustained growth found…

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GO’s revenues grow by 10% in 2023

“2023 marked a pivotal moment in the Group’s journey towards restoring pre-pandemic norms. Amidst the energy and renewed hope across the business landscape, GO continued to demonstrate resilience and innovation.…

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Capital Markets As Growth Opportunities for SMEs

“Maintaining the status quo will not guarantee company survival” – Hili Ventures Chairman With access to finance remaining a significant challenge to business growth, capital markets are increasingly being seen…

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Digital tools are key for successful business operations

Investment in digital tools and skills is fundamental in addressing the twin challenges of talent scarcity and regulatory requirements and is key in enhancing the nation’s competitiveness in the years…

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MMF calls for better strategic planning for maritime industry

The Malta Maritime Forum agrees has called for better long-term strategic planning and the upholding of high governance and operating standards in the face of huge international challenges and competition.Whilst…

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Strengthening EU Consultation Structures is Key for Malta’s Maritime Industry

“The EU and its policies are ever so relevant to the Maltese maritime industry particularly at this juncture when an unprecedented focus is being placed on decarbonisation and taxation issues. …

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Financial services’ bodies express ‘deep concern’ at current situation

The Institute of Financial Services Practitioners (IFSP), the Malta Institute of Accountants (MIA), the Malta Institute of Taxation (MIT) and the Society of Trusts & Estate Practitioner (STEP – Malta)…

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XBRL Chooses Malta For Its 32nd International Conference

XBRL, the open international standard for digital business reporting, has chosen Malta for its 32nd Europe Days International Conference due on the 23rd and 24th of May at the Phoenicia…

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Vivian announces investment in alternative energy as Minister Dalli lauds ESG efforts

“Investing to reducing our carbon emissions, to generate more energy via alternative technologies, investment in electric company vehicles, doubling our current PV system on our roof and continuous education on…

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Good governance is a priority for the MDB and the NAO

The MDB Chairman Mr Leo Brincat welcomed the Auditor General Mr Charles Deguara and the Deputy Auditor General Mr Noel Camilleri, at the MDB offices, stating that the bond that…

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Autism-Sensitive Book Accessed By Over 1000 Students In First Year

In a year since Mase in Space, Malta’s first autism-sensitive book was launched, over 1000 students have enjoyed its colourful and interactive content during story-telling sessions held in different schools…

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New CEO for Cablenet Communication Systems plc in Cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ of international experience in the banking and telecoms industries will be assuming the role of CEO at Cablenet Communication Systems plc…

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Hili Properties plc Records €15.7 Million Revenue From 22 Assets

Hili Properties, a subsidiary of Hili Ventures, announced its financial statements for the year ending December 2023, registering increased revenues across its varied portfolio of properties across Estonia, Latvia, Lithuania,…

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MEA shares recommendations on way forward on foreign workers in logistics industry

In a press conference organised by the Malta Employers’ Association, together with representatives from Identità, Foundation for Transport and Transport Malta, an MEA publication was officially launched, proposing recommendations and…

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€623 million in cumulative financial support from the MDB

The Malta Development Bank (MDB) launched its 2023 Annual Report during a business breakfast and unveiled its Business Strategy in the presence of the Minister for Finance Hon. Clyde Caruana…

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Vivian Launches New Vision Correcting Intraocular Lens

Cataracts are the leading cause of treatable blindness in the world. Today however, patients can benefit from having a cataract surgery with an extra perk that enables patients to have…

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Third McDonald’s Awarded Autism-Friendly Label

McDonald’s restaurant in Għargħur is the third McDonald’s restaurant in Malta featuring a Quiet Space – a dedicated room within the restaurant purposely designed for children and people with autism…

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Calamatta Cuschieri’s Assets Under Management Reach €2.5 Billion

2023 results make it the Group’s most successful year in its 52-year history Positive performance of Moneybase sustains Group’s strategy Calamatta Cuschieri Moneybase plc, formerly known as CC Finance Group,…

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MDB committed to forge stronger ties with the two leading trade related chambers

During meetings with the senior officials of The Malta Chamber and the Malta Chamber of SMEs, the Chairman of the Malta Development Bank Leo Brincat and the CEO Paul V.…

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MDB hosts Shadow Minister for Finance Graham Bencini

Malta Development Bank Chairman Leo Brincat and CEO Paul V. Azzopardi hosted a courtesy meeting with Hon. Graham Bencini, the Shadow Minister for Finance at the Bank’s offices in Floriana.…

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Premier Restaurants Romania largest employer in Romania in the quick service restaurant industry

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, exceeded in February the threshold of 6,000 employees, following the expansion of the network. At the end of 2022, the…

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Ganado Advocates Hosts 9th Annual Banking & Payments Law Seminar

Ganado Advocates’ forthcoming 9th edition of the Annual Banking and Payments Law Seminar will delve into the increased responsibilities being faced by banks and payment institutions when protecting their customers…

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GO Expands Its Growing Portfolio With Acquisition Of AQS Med Ltd

GO has announced the strategic acquisition of 51% shareholding in AQS Med Ltd, a prominent alternative energy solutions provider. This acquisition underlines GO’s commitment to renewable energy. “This acquisition of…

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MEA Leads Project which Culminates in a Practical Toolkit for the Anticipation and Management of Change in Organisations

The Malta Employers' Association has issued a new publication entitled “Change Management Business Manual” which it recently presented to the media. The Manual is being published as part of a…

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Industry stakeholders call for collective AML effort to enhance Malta’s reputation

The Malta Institute of Accountants host AML Conference 2024 Industry stakeholders need to work together and push in the same direction to ensure the enhanced reputation of Malta’s jurisdiction, which…

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GO surpasses record 2022 performance with exceptional 2023 results

GO’s Chief Executive Officer Nikhil Patil described 2023 as “a transformational year for bringing our Purpose of Driving a digital Malta to life. We have been firing all cylinders to…

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MDB and EIB are natural partners to facilitate the island’s economic transformation process

While welcoming the European Investment Bank Group (EIB) Vice President Gelsomina Vigliotti at the Malta Development Bank’s Offices in Floriana, Bank Chairperson Leo Brincat described the MDB and the EIB…

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Critical Thinking At Work

Employers increasingly view critical thinking and problem-solving skills as assets in their employees, as these skills are what give businesses a competitive edge and establish them within a global context…

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MDB puts partnership with business associations and unions to the fore

Strategic partnerships with social partners like business associations and trade unions are a pivotal element of the Malta Development Bank’s efforts to spearhead the nation’s carbon neutral and digital transition.…

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The Interplay Between ESG and Succession Planning in Maltese Family Businesses

Simon Schembri is a Partner within the Corporate Department of Ganado Advocates and Philip Mifsud is a Senior Associate within the Corporate Department of Ganado Advocates. The acronym ESG (which…

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MMF and MBN showcase Maritime Malta at IMO HQ in London

The MMF and the UK Branch of the Malta Business Network successfully organised their “Showcasing Maritime Malta” networking event which was held at the prestigious International Maritime Organization (IMO) Headquarters…

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MDB brings together key stakeholders from the commercial banking sector to foster a strategic dialogue and step up collaboration

As part of its efforts towards enhancing access to finance in Malta, the MDB brought together key stakeholders from the commercial banking sector to foster strategic dialogue and deliberate on…

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Doctors Start Embracing Digimed’s Potential

Healthcare Platform To Offer 24/7 Medical Consultations The first 30 doctors have just been onboarded on DIGIMED’s platform, in a positive response from the medical industry to the revolutionary healthcare…

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