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Rising Delta virus, absent Brits dampen Europe’s tourism hopes

While not a complete wash-out, the summer tourism season vital to southern Europe's economies will be less than sizzling as the Delta coronavirus spreads and travel hurdles keep British and…

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01

Jul

PB Group’s New Brand Image Signals New Growth

Maltese company PB Group which operates across the oil and gas, logistics and property investments sectors, is unveiling its new corporate image in line with its vision to target new…

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GO TrueFibre Network roll out well on track

Notwithstanding the complexities involved, GO’s TrueFibre project has surpassed the 50% mark, meaning that over half of Maltese households and establishments can enjoy the benefits of ultra-fast broadband speeds. The…

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UPDATE – FATF votes to grey list Malta

Members of a global anti-money laundering watchdog have voted to add Malta to its grey list, according to a report on Times of Malta. The news broke out shortly after…

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Microsoft Malta Doubles Azure Customer Base In 24 Months

Over the past two years, Microsoft Malta has managed to double its local corporate client base using the Microsoft Azure platform and by working closely with industry partners, Microsoft is…

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Malta: Business conditions turn positive, CBM report shows

In May, business conditions were positive, as the economy continued to recover from the COVID-19 economic shock. European Commission data, in fact, show that sentiment was positive across all sectors…

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Ryanair ends long wait for ‘gamechanger’ Boeing 737 MAX jet

Ryanair finally took possession of its first Boeing 737 MAX jet after a delay of more than two years, saying that it would have 12 of the ‘gamechanger’ aircraft in…

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Emirates to restore almost 90% of passenger network by end of July

Emirates airline will operate close to 90% of its pre-pandemic network by the end of July as it restores more destinations and increases flights on other routes over the summer,…

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A joint effort by all stakeholders to fight financial crime

The fight against money laundering and other financial crime, has over the past years, been strengthened as a result of significant changes and improvements across both regulatory and investigative authorities…

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Emirates Restarts Flights To Malta Via Larnaca

Emirates has announced it will resume three weekly services to Malta via Larnaca, Cyprus, from 14 July 2021, further expanding its European network to 34 destinations, and offering customers worldwide…

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British ‘Treasure Island’ tax havens face a tempest

Britain's exotic network of "Treasure Island" tax havens could be facing the biggest threat to its existence in half a century after the United States and its allies pledged to squeeze more tax out of…

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Fitch Affirms Malta at ‘A+’

Global ratings agency Fitch affirmed Malta’s credit rating at 'A+', saying Malta's rating is supported by high per capita income levels, a large net external creditor position and a pre-pandemic…

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Rick Hunkin re-elected MBA Chairman

Rick Hunkin, Chief Executive Officer of Bank of Valletta, has been re-elected Chairman of the Malta Bankers’ Association (MBA) for the coming year. Rick Hunkin thanked the Association’s members for…

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Balancing Sustainable Economic Growth with Quality of Life – A National Challenge

MEA launches National Conference Economic growth in Malta in pre-pandemic days has been significant and since accession into the European Union, the country has not only topped growth charts but…

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The Much Anticipated McDonald’s x BTS Menu Collaboration is Officially in Malta

For everyone counting down the days until the BTS Meal arrives at McDonald’s, the wait is over! The band’s signature order – featuring a 9-piece Chicken McNuggets, large World Famous…

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28

May

GO’s AGM reports strong performance in 2020

In line with its investment in a digital Malta, GO continued to roll out its future proof technology to a further 25,000 homes and today, more than 150,000 homes have…

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More than 560 businesses supported by Malta Development Bank: The Headline- Business Today

Business Today speaks with the Chairman of the Malta Development Bank about the Covid-19 Guarantee Scheme which extended a lifeline to many businesses struggling during the pandemic. The instrument supported…

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MDB’s Covid-19 Guarantee Scheme reaches 40,000 employees as loan moratoria are extended to 18 months

One year since the introduction of the Covid-19 Guarantee Scheme (CGS), the Malta Development Bank has provided a lifeline to more than 560 businesses, collectively employing over 40,000 persons. The…

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Malta – Contactless payment available on all bus fleet

Getting around Malta is becoming easier as bus passengers can now use their contactless cards, smartphones or smartwatches to pay for their bus tickets, with the launch of a contactless…

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Tech.mt extends its commitment to MEA’s online toolbox developed for the business community

Tech.mt, a private-public partnership between the Government of Malta and the Malta Chamber of Commerce, Enterprise and Industry, and the Malta Employers Association (MEA) have signed a cooperative agreement, strengthening…

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GO’s Mobile Network Recognised As Malta’s Fastest

OoklaÒ, the company behind SpeedtestÒ, the global leader in broadband network measurement, analysis and insight, has officially verified GO’s mobile network as being the fastest mobile network in Malta.* Recognising…

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UPDATE – Zenabis Maltese JV Partner Zenpharm Receives License For Production & Distribution Of Cannabis

Zenabis Global Inc announced that its Maltese joint venture, ZenPharm Limited received its Licence for the Production of Cannabis for Medicinal and Research Purposes issued by the Malta Medicines Authority.…

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Russia should consider extra taxes to tackle corporate ‘greed’, says PM

Russia should impose extra taxes or other penalties on Russian companies that show "greed" by shifting profits abroad but such revenue raising measures should be balanced to avoid discouraging business,…

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Malta gives Materia facility green light to produce and export cannabis flower

Canadian medical cannabis producer Materia won European Union certification for its Malta facility to produce and export cannabis flower across the continent, allowing product supply in Germany, one of the…

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Binance under investigation by Justice Department, IRS

Binance, one of the world's largest cryptocurrency exchanges, is under investigation by the Justice Department and Internal Revenue Service, Bloomberg News reported on Thursday, citing people with knowledge of the…

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Job candidates should not be charged fees, says Malta Chamber

The newly launched Employment Agencies Business Section within The Malta Chamber of Commerce, Enterprise and Industry has strongly condemned the practice of levying fees from candidates looking for employment. Section…

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Time to roll up sleeves, EU says in Spring Forecast

The European Commission is forecasting a solid recovery around the continent, with EU economy expanding by 4.2% in 2021 and by 4.4% in 2022. The euro area economy is forecast…

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MHRA surprised that Malta is not on UK ‘Green List’

The Malta Hotels and Restaurants Association (MHRA) is surprised that Malta is not on the UK government's ‘Green List’ for travel. MHRA states that objectively Malta is meeting the COVID-19…

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EasyJet CEO warns Britain could be left behind on travel

The chief executive of easyJet said Britain was likely to be left behind the rest of Europe if the government does not allow quarantine-free travel to most of the continent…

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MISCO’s Lawrence Zammit elected chairman of Malta Chamber’s Employment Agencies Business Section

The Malta Chamber of Commerce, Enterprise and Industry has launched a new business section for employment agencies to bring together supporting recruitment agencies and employment services firms operating in Malta.…

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ELT Industry Looking Forward To Reopening on 1st June

The English Learning Industry is looking forward to reopening on the 1st June as per government's announcement of the opening of the tourism season on the same day. Throughout the…

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Agile in response, impactful in delivery: MDB supports economic revitalisation in unprecedented times

The Malta Development Bank (MDB) has transformed itself into a key channel for the delivery of economic and financial support measures against the challenges posed by the pandemic, while also…

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Government announces new tax credits, support on green, digital investment and rent rebates

PM Robert Abela announced that an additional €20 million in aid to businesses, and tax credits of €78 million to help businesses regenerate themselves and kickstart the road to economic…

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Air Malta announces May operating schedule

As Air Malta prepares to shortly announce its increased Summer flying programme, the Airline has announced its May schedule. The Parisian airport of Orly is the latest addition to the…

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Malta – 19% of catering establishments close in first year of pandemic – ACE

In a study conducted by the Association of Catering Establishments (ACE) in collaboration with a number of suppliers it transpires that between March 2020 and March 2021 approximately 19 percent…

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FELTOM Deeply Concerned About Industry’s Future

FELTOM expressed its disappointment following the recent announcement made by the Superintendent of Public Health delaying the opening of ELT schools. While this is having a detrimental impact on the…

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Malta to pay tourists who visit this summer

VALLETTA, April 9 (Reuters) - Aiming to revive its tourism industry and get ahead of rival destinations, Malta plans to offer foreign visitors a handout of up to 200 euros ($238.10) each…

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The Malta Maritime Forum Looks Confidently Further Ahead After 2021 Annual General Assembly

The Malta Maritime Forum has organised its first online Annual General Assembly on 25th March where, amongst other issues discussed, it approved a revised set of Objectives and a new…

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Malta’s tourism set to re-start in June

Malta's tourism is set to re-start in June. The tourism minister Clayton Bartolo announced that the island will be welcoming tourists to the island by the beginning of June and…

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Marisa Xuereb elected President of The Malta Chamber

Following the Annual General Meeting of the Malta Chamber of Commerce, Enterprise and Industry held on the 24th March, the newly elected Council met today, and elected Ms Marisa Xuereb…

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Malta’s deficit shoots up to €1.5bn in 2020

Government has ended 2020 with a deficit of €1,467.9 million, the NSO revealed today, some €250 million more than forecasted by former Finance Minister Edward Scicluna in the budget announced…

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Malta wants gas to be classed as sustainable investment under EU finance rules

Malta, Poland, Bulgaria and six other countries have stepped up their push to ensure natural gas is classed as a sustainable investment under EU finance rules, warning Brussels its latest…

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Container line CMA CGM says diverting some ships away from Suez Canal

Container shipping group CMA CGM said on Saturday it has decided to divert some vessels around the Cape of Good Hope due to the suspension of traffic in the Suez…

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Central Bank review shows Maltese economy starts year in stuttering mode

Malta's economic performances continued to stutter in the first months of the year according to a review carried out by the Central Bank of Malta. While the Covid-19 pandemic continues…

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Innovative startups can benefit up to €1.2 million in incentives from Malta Enterprise

StartinMalta.com: new site has been launched to attract Maltese and foreign startups to operate from our country New businesses can benefit from the financial assistance of up to €200,000, thanks…

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Malta: Keith Schembri, ex Government consultants Tonna and Cini and 8 others charged with corruption, money laundering and fraud

A top aide to former Maltese prime minister Joseph Muscat accused of graft by journalist Daphne Caruana Galizia, whose brutal murder rocked the nation, was charged on Saturday with money…

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SOCAR Trading pushes into LNG-to-power, to open carbon division

Azerbaijan’s SOCAR Trading has set up a team to develop integrated LNG-to-power projects and aims to establish a carbon division this year, executives at the firm said. Owing to their…

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MDB and MEA reach agreement to collaborate further for the benefit of local businesses

The Malta Development Bank (MDB) and the Malta Employers Association (MEA) have signed a Memorandum of Understanding strengthening the relationship between the two institutions and allowing the two sides to…

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BOV closes a number of branches, reduces services in others

Following the introduction of additional measures by the Government in light of developments related to COVID-19, particularly the increase in positive cases and the closure of schools and child care…

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Malta’s Government clarifies list of outlets to shut down until April 11

Following last Wednesday's announcement of further restrictive measures to combat the spread of Covid-19 in Malta, Government has published a legal notice clarifying the outlets and services which have been…

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12

Mar

GO p.l.c. recommends €0.16c in Dividend, Despite Challenging Year

With a total shareholder return averaging 8.31% over the past 5 years, GO remains one of the best performing publicly listed companies in Malta. It has consistently delivered shareholder returns…

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Wage supplement for hardest-hit businesses to be extended till end of year

Government has announced the extension of the wage supplement until the end of the year, arguing that such a move was required to ensure a strong economic recovery and safeguarding…

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MEA Survey results: Recovery will be slower than anticipated; employment level is stable but dependent on extended fiscal stimulus

Job retention remained strong despite the country approaching twelve months of restrictions caused by an ongoing pandemic and 76% of businesses plan to keep their workforce for the coming three…

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