PR Link

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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

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,…

Read More Here

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…

Read More Here

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…

Read More Here

“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…

Read More Here

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…

Read More Here

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,…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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,…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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,…

Read More Here

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…

Read More Here

<strong>The Next Leap Forward: <em>Succeeding through Change</em></strong>

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

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…

Read More Here

GO subsidiary Cablenet reports Double-Digit Growth for 2021

Cablenet Communications Systems plc, a subsidiary in which GO plc holds 63.4% share, has reported €53.5M in revenue during 2021, a healthy 14% growth over 2020. This double-digit growth in…

Read More Here

BOV announces €80m profit but no dividend for shareholders

The Bank of Valletta Group reported a profit before tax of €80.7 million for the financial year ending 31 December 2021. The Group’s results were announced by BOV Chairman Dr…

Read More Here

Chamber of Commerce, GWU come up with join pension reform

Whilst progress has been achieved since the launch of the pension reform programme in 2004, much is yet to be done to secure the pension system's adequacy, solidarity, and sustainability.…

Read More Here

GO Takes IoT to new Heights With leap Into Green Technology

GO announced its acquisition of a majority shareholding in Sens Innovation Group Limited (SENS) for an initial €1 million investment, with the potential to increase to approximately €3 million. SENS…

Read More Here

MEA Presents Blueprint for Business and Green Growth to the President of Malta

Over the past months, the Malta Employers' Association (MEA) stepped up its efforts to offer leadership, guidance and support to the business community on Environmental, Social and Governance (ESG) issues…

Read More Here

OCVO and MEA seek to strengthen the relationship between Voluntary Sectors and the Work Environment

The Office of the Commissioner for Voluntary Organisations (OCVO) and the Employers’ Association (MEA) have signed a Memorandum of Understanding aimed at strengthening the relationship and mutual appreciation between the…

Read More Here

Traditional Regatta Is The Latest Challenge To Undermine Recovery In The Local Cruise Industry – MMF

The Malta Maritime Forum said that the organisation of the traditional regatta on 31 March is the latest challenge that will continue to undermine the recovery of the cruise industry.…

Read More Here

IZI Finance plc Appoints Board Of Directors

IZI FINANCE PLC, the finance company of IZI Group p.l.c and its subsidiaries, today announced the appointment of its Board of Directors. The Board will be chaired by Dr. Christian…

Read More Here

Commission publishes plan to cut EU dependency on Russian gas

The European Commission published plans on Tuesday to cut EU dependency on Russian gas by two-thirds this year and end its reliance on Russian supplies of the fuel "well before 2030". Oil and gas…

Read More Here

The right of every country to protect its sovereignty go beyond commercial interests – The Malta Chamber

The Malta Chamber of Commerce, Enterprise and Industry will not be issuing Certificates of Origin for fuel oil originating in Russia or Belarus with immediate effect The Malta Chamber expressed…

Read More Here

MEA puts forward Economic Sustainability, Governance and Wellbeing in its position to political parties

The Malta Employers’ Association has issued a memorandum to political parties, stating its position on a wide range of socio-economic matters, together with its recommendations for a better Malta in…

Read More Here

Former Sony Marketing Manager Joins EBO

Leading AI Virtual Agent specialist EBO has appointed Maria-Louiza Georgantzi as its Marketing Director in Athens, Greece. Ms Georgantzi is an international business leader with over fifteen years of marketing, sales and…

Read More Here

Malta: Strong rebound in the services sector drives strong 9% growth in GDP

Provisional estimates published by the NSO indicate that the Gross Domestic Product (GDP) for 2021 amounted to €14,533.8 million, registering an increase of €1,473.9 million, or 11.3%, when compared to…

Read More Here