31

Jan

Malta loses ground on Transparency index / Malta News Briefing – Tuesday 31 January 2023

Updated 1030 Malta loses ground on Transparency index: Malta continued to lose ground in Transparency International's corruption index, obtaining a 51 ranking as opposed to 53 last year. Countries are…

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25

Jan

Effectively fighting money-laundering matters should remain a priority, accountants insist

Money-laundering in society brings about a stream of negative social and economic costs to the wider community. In this context, during this year’s AML Conference, the Malta Institute of Accountants…

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18

Jan

GO Introduces Narrowband IoT To All Its Mobile Networks

GO’s IoT solutions are now more improved thanks to its newly launched Narrowband-IOT nationwide network, which allows businesses to not only improve their operational efficiency, but become greener too, because…

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11

Jan

Apco Ltd partners with Stromkind GmbH

Automation and security provider Apco Ltd has signed a partnership agreement with autonomous systems developer Stromkind GmbH to bring the latest drone technology to Malta. The partnership will allow Apco…

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10

Jan

Maltese Government and business partners in joint collaboration promoting energy efficiency

The Ministry for the Environment, Energy and Enterprise, together with Malta’s business partners, launched an information campaign promoting energy efficiency for businesses in Malta and Gozo. The campaign, ‘Be Efficient.…

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14

Dec

Commission approves State aid to support MDB’s remit until December 2027

The European Commission has approved an increase in the State aid envelope supporting MDB’s remit of intervention for the next five years. This remit primarily includes the provision of access…

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29

Nov

EU fails to agree on Russian oil price cap, say diplomats

European Union governments failed to agree on Monday on a price cap on Russian seaborne crude oil, as Poland insisted that the cap had to be set lower than proposed…

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24

Nov

Malta Development Bank launches €180m in new schemes for businesses

The Malta Develoment Bank (MDB) has launched two new schemes offering favourable financing which will facilitate investment of up to €180 million in the Maltese economy. The first scheme, the…

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22

Nov

Liquigas delivers more than 8 million cylinders filled by Gasco Energy Ltd in past decade of operations

During the last ten years of operations, Gasco Energy Ltd, the operator of the leading LPG facility in Malta, has filled more than 8.5 million green cylinders owned and distributed…

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17

Nov

MEA proposes 13 solutions to address skill shortages after extensive stakeholder consultation

The Malta Employers Association has put forward thirteen concrete solutions to address the current skills shortages affecting Maltese industry. MEA President Joanne Bondin explained how “we are currently experiencing a…

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28

Oct

Malta Development Bank hosts 30 promotional banks for the ELTI General Assembly 2022

The Malta Development Bank has welcomed senior officials from 30 other promotional banks as the Bank hosted this year’s annual General Assembly of the European Long-Term Investors Association (ELTI). ELTI…

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24

Oct

Ann Fenech elected President of the International Maritime Committee

The Malta Maritime Forum has announced that Board Member and indeed one of its Founders, Dr Ann Fenech has been elected President of the Comité Maritime International.  In fact, Dr…

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18

Oct

MIA highlights its vision in meeting with Shadow Minister for Finance

Following up the meeting with Minister of Finance Clyde Caruana, the Malta Institute of Accountants has met with Shadow Minister for Finance, MP Jerome Caruana Cilia in another opportunity through…

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14

Oct

Malta Development Bank and MCST launch Go-To-Market Scheme

The Malta Development Bank and the MCST have launched the Go-To-Market Scheme, with a budget of more than 1.5 million euro, aimed at supporting businesses on projects related to research…

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12

Oct

Focal Maritime to provide extensive logistics services under new strategic plan

Company celebrates 25th anniversary as it announces major governance changes Local maritime and logistics company Focal Maritime has announced a new strategic plan for the years ahead in which it…

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08

Oct

Accountants call for focus on competitiveness and sustainability in Budget 2023

Budget 2023 should focus on initiatives which enhance Malta’s competitiveness and sustainability, the Malta Institute of Accountants said in its pre-budget proposals and other tax related matters. These proposals were…

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05

Oct

The Imperial Promotes Healthy Living

According to the World Health Organisation’s latest statistics, by 2030, 1 in 6 people in the world will be aged 60 years or over. At this time the share of…

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04

Oct

Institute of Accountants holds 58th AGM, seven members elected to Council

The Malta Institute of Accountants held its 58th Annual General Meeting on 30th September 2022, at the MIA’s Head Office, during which seven of its members were elected to its…

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04

Oct

Motherwell Bridge wins crane assembly, staffing
contracts at major container terminals

Motherwell Bridge Industries, the Malta-based engineering company, has won contracts for crane assembly and specialist team deployment at major container terminals for Finnish lifting specialist Konecranes in Scotland, Germany, Belgium,…

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03

Oct

A Maritime Court is necessary and consistent with  the Country’s Aspirations to remain a Centre of Excellence – the Malta Maritime Forum

The Malta Maritime Forum has expressed support to a call made by Chief Justice Mark Chetcuti for the exclusive jurisdiction of the Civil Court (Commercial Section) to be extended to cover…

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30

Sep

GO With First Ever Library of Maltese TV Content

Today marks the official launch of GO’s new Maltese television channel TOKIS, the first ever library of local television content, which to date already features over 1000 hours of Maltese…

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28

Sep

“ESG should be about tangible action towards a fair and better society” – accountants

The Malta Institute of Accountants’ Young Members Focus Group tackles regulatory and practical implications of ESG ESG is not simply a trend which enhances a company’s CSR offering. It is…

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26

Sep

MIA launches second edition of #AccountsForYou Awareness Campaign

The Malta Institute of Accountants has launched the second edition of the #AccountsForYou Awareness Campaign, as it seeks to encourage young students to discover more about the exciting and varied…

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14

Sep

Former Fortune 500 Executive joins EBO

EBO has appointed Mr. Bob Gilkes as its Chief Commercial Officer responsible for its key sectors and territories. This appointment occurs as EBO, a leader in customer engagement through AI,…

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30

Aug

Malta: Services push economy towards strong rebound in Q2

Provisional estimates released by the NSO indicate that the Gross Domestic Product (GDP) for the second quarter of 2022 amounted to €4,100.4 million, registering an increase of €526.6 million, or…

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05

Aug

Special Public Transport Service for August events: Summer Daze and Malta International Food Festival

Malta Public Transport is operating special routes for two different events in Malta and Gozo. A special service has been put in place for the Gozo edition of the Malta…

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02

Aug

Express Trailers Improves Operations With Newly Set Up Order Department

The level of efficiency in handling clients’ requests and orders was already high at Express Trailers. Nonetheless given the company’s constant efforts to improve its operational efficiency, it has now…

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02

Aug

Technology Project For Inspire Foundation Thrift Shops

Charity shops do not only rely on the provision of items to be sold in order to operate but today, given their increased activity, they also need the backing of…

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01

Aug

GO Technology Supporting Frank Salt’s Growth

In view of a foreseen increased demand, property company Frank Salt Real Estate Ltd is envisaging an increase of its sales and letting force by 20% in 2022 - a…

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26

Jul

Malta and Ireland secure exemptions from EU gas deal to voluntary cut usage

Energy ministers approved a proposal for all EU countries to voluntarily cut gas use by 15% from August to March. The cuts could be made binding in a supply emergency,…

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26

Jul

Malta’s financial system’s resilience and performance improve despite challenging times – Central Bank

A report by the Central Bank of Malta shows that despite the high uncertainty surrounding the global economic climate, banks reported improved asset quality owing to both reduced NPLs and…

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22

Jul

GO is one of Malta ESG Alliance’s Founding Members

GO has joined several leading reputable business organisations which have come together to announce the launch of Malta ESG Alliance (MESGA) - a private sector initiative that will seek to…

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07

Jul

Malta Development Bank appoints new CEO

The Board of Directors of the Malta Development Bank announces the appointment of Mr Paul V. Azzopardi as the Bank’s Chief Executive Officer. Mr Azzopardi is taking over from Mr…

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27

Jun

AI, ESG transformation can provide opportunities for business growth – accountants

AI, ESG transformation can provide opportunities for business growth - accountants As economies seek to renew themselves in a post-pandemic scenario, firms can capitalise on the opportunities arising from changing…

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23

Jun

Electrofix Group Acquires Arjakon Ltd

Arjakon’s Airwell products on Electrofix’ ECODarna Stand at Trade Fair Electrofix Group, a leading Maltese company specialised in renewable energy products, announces the acquisition of Arjakon Ltd, a leading importer…

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20

Jun

National Lottery plc Concludes Agreement With Lottery Agents

National Lottery plc a subsidiary of the IZI Group and the new operator of the National Lottery of Malta as from July 5th, 2022, has announced in a joint statement…

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18

Jun

Venezuelan oil exports to Europe set to resume after two years

A 650,000-barrel-cargo of Venezuela's oil chartered by Italy's Eni  is about to set sail carrying the first export of crude from the U.S.-sanctioned country to Europe in two years, Refinitiv…

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16

Jun

GO To Sign 6 New Television Productions; Commitment To Support Production of Maltese TV Content

Following last April’s announcement of the return of the popular TV series Iċ-Ċaqqufa’s fourth season exclusively to GO Originals, GO is announcing a new production - l-iSpettur Leonard, a spinoff…

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15

Jun

Malta removed from FATF Grey Listing / Malta News Briefing – Wednesday 15 June 2022

1745- Latest News update Times of Malta says grain importers are to be given additional storage space free of charge, allowing them to bulk-buy the staple food to offset rising…

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14

Jun

MDB launches €150 million emergency liquidity support to businesses in response to the Ukraine crisis

The Liquidity Support Guarantee Scheme is targeted towards all impacted business, with specific measures aimed at fuel and oil importers The Malta Development Bank (MDB) has launched the Liquidity Support…

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30

May

Microsoft Hosts Partners Meeting, Microsoft To Keep Investing In Malta and In Its Partner Ecosystem

“Despite the uncertainty we have experienced, Microsoft is seeing a faster growth rate here in Malta and we want to keep investing more in the country’s economy. Malta is very…

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26

May

National Lottery plc Unveils New Brand Identity To Replace Maltco Lotteries

National Lottery plc a subsidiary of the IZI Group today unveiled its corporate brand that will replace Maltco Lotteries. In a symbolic event organised at the Mdina Ditch, the company…

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19

May

MDB launches first support measure as part of a package in response to Ukraine crisis

First measure seeks to ensure security of supply of grains – further measures to be introduced in the coming weeks The Malta Development Bank has launched the MDB Subsidised Loans…

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18

May

GO plc Announces Appointment Of New Chairman

GO plc today announced the appointment of Mr Lassaad Ben Dhiab as Chairman of the Company with immediate effect. Mr Ben Dhiab has been an active Board Member of GO…

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18

May

IZI Finance plc celebrates bond listing with MSE bell ringing ceremony, €30 million bond issue fully subscribed

IZI Finance plc celebrated the listing of its €30,000,000, 4.25% unsecured bond listing, with the traditional bell ringing ceremony event held at the Malta Stock Exchange. In his welcome speech,…

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17

May

Express Trailers Leverages Its New Poland Service To Deliver Supplies to Ukraine Border

Early in January of this year, Express Trailers commenced a new regular weekly groupage service from Poland to Malta, the result of a new cooperation between Express Trailers and Polish…

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13

May

The Next Leap Forward: Succeeding through Change

The pace of transformation in the global economy in recent years has been unprecedented. Rapid technological change coupled with successive crises, including a pandemic, have changed norms and structures while…

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10

May

McDonald’s becomes Malta’s first Autism Friendly Restaurant

McDonald’s becomes the first restaurant in Malta to be accredited with the Autism Friendly Label with its new Quiet Space @ McDonald’s, a room at its Malta International Airport restaurant…

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10

May

More than 700 firms secure financial backing through the Malta Development Bank

Since the inception of the Malta Development Bank (MDB), more than 700 firms in Malta and Gozo, across the economic spectrum, have secured over €600 million in guarantees and loans…

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09

May

Creating Value from Emerging Trends in Business

In today’s marketplace, business leaders are sometimes so absorbed in managing day-to-day operations that they seldom have the opportunity to visualise emerging trends in their field which would potentially allow…

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02

May

Government spending review underway/ Malta News Briefing – Monday 2nd May 2022

Updated 1300 Government spending review underway: Finance Minister Clyde Caruana has confirmed that a government spending review is underway to mitigate the impact of energy subsidies on public finances.  The…

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30

Apr

MDB supporting SMEs through new schemes

Following the European Commission’s announcement of the approval of MDB’s Guaranteed Co-Lending Scheme (GCLS) under the COVID-19 Temporary Framework for State Aid, the MDB has also received a positive opinion…

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28

Apr

Browns Pharma reports 71% increase in profits

Brown’s Pharma Holdings plc has reported a 71.30% increase in its profits, according to the consolidated financial statements for the year ended 31st December 2021. The net profit for the…

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28

Apr

EBO, KPMG Cyprus Announce Strategic Partnership

EBO, a leader in customer engagement automation that empowers enterprises through AI technology enters into a strategic partnership with KPMG Cyprus, a leader in Management Consulting & Technology Advisory services…

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25

Apr

Over 1,000 secondary school students join MIA awareness sessions on accountancy careers

More than 1,000 secondary school students have joined awareness sessions hosted by the Malta Institute of Accountants allowing them to discover the opportunities offered by the accountancy profession. These sessions…

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23

Apr

SPECIAL REPORT – How crypto giant Binance built ties to a Russian FSB-linked agency

VILNIUS (Reuters) - In April 2021, Russia's financial intelligence unit met in Moscow with the regional head of Binance, the world's largest crypto exchange. The Russians wanted Binance to agree to hand…

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19

Apr

IZI Group’s €30 Million Bond Issue Fully Subscribed

In less than 3 months the National Lottery of Malta will experience a major transformation, when on 5th July 2022, Maltese-owned National Lottery plc, a fully-owned subsidiary of IZI Group…

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