PR Link

Malta: Brexit creates bureaucracy and uncertainty for logistics sector

It-Torċa speaks with the CEO of logistics company Express Trailers, Franco Azzopardi, about the impact of Brexit on the sector. Azzopardi said there the new arrangements present a high rate…

Read More Here

More trips to Gozo in 2020 but less cars, passengers

Trips to Gozo increased during the past year, as many locals opted in favour of travelling between the islands during the coronavirus pandemic particularly during the Summer months. Data released…

Read More Here

Business First increases its client contact by 367% in 2020

During 2020, Business First made contact with 158,193 clients, with 3,042 client contacts per week. When compared to 2019 and 2018, there was a 367% and 427% increase respectively in…

Read More Here

MEA calls for an immediate resolution to teachers’ dispute

The Malta Employers’ Association has called on the Government and the MUT to seek an immediate resolution to the current dispute which is depriving children of education, and which is…

Read More Here

New wage subsidy scheme for Maltese businesses announced

Newly-appointed Energy and Business Minister Miriam Dalli announced a new wage subsidy scheme which is based on the level of losses suffered by businesses as a result of COVID-19. Government's…

Read More Here

GO Signs 4-Year Agreement To Support MCCF

When it comes to supporting the country, never as much as this year has GO’s role been more evidently felt, and notwithstanding the challenging times, GO still honoured its CSR…

Read More Here

GO goes green with Servify!

GO mobile customers can now trade-in old devices with newer models with guaranteed cash back! Go Plc, Malta’s leading telecommunications provider, entered into a strategic partnership with Servify, a device…

Read More Here

Carbon neutrality strategy should address different reality of Member States – Miriam Dalli

Energy Minister Miriam Dalli has called on the Energy Council of Ministers to support a carbon neutrality strategy that addresses the different realities of the European member states, understanding that…

Read More Here

Central Bank forecasts gloomier outlook for Malta’s economy

In view of current developments related to the coronavirus pandemic, the Central Bank of Malta has revised its growth projections for Malta downwards. In a study published today, the Bank…

Read More Here

Russia proposes denouncing tax agreement with Netherlands -draft document

Russian lawmakers on Friday proposed denouncing a tax agreement with the Netherlands designed to avoid double taxation, according to a draft document on the Russian government website. In March, President…

Read More Here

Fitch Affirms Malta at ‘A+’; Outlook Stable but warns on unfolding corruption allegations

Fitch Ratings has affirmed Malta's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A+' with a Stable Outlook. International credit agency Fitch reported that Malta's rating is supported by high per…

Read More Here

Malta Development Bank (MDB) and Managing Authority secure additional European funds for BOV Studies Plus+

MDB and Managing Authority secure additional EU funds following successful take-up Studies Plus+ fund to €8,250,000, after the Malta Development Bank (MDB) secured additional European funds with the support of…

Read More Here

Opinion – Regulate AI only where required

An open letter to Pope Francis, Elon Musk, Bill Gates, Mark Zuckerberg, Tim Cook, Sundar Pichai, Technology Leaders, Legislators and AI Academics by Joshua Ellul, Chairperson of Malta Digital Innovation Authority;…

Read More Here

Hit by cryptocurrency curbs, Chinese fund managers look elsewhere to ride bitcoin bull

As the price of bitcoin soars, Chinese cryptocurrency asset managers are looking to expand in places such as Hong Kong and Singapore, skirting an intensified crackdown at home. Cryptocurrency-focused hedge…

Read More Here

EU approves Malta Budget but forecasts lower growth than Govt for 2021

The European Commission has green-lighted Malta's budget for 2021, noting that it was largely in line with Council recommendations made earlier this year, with most initiatives intended to supporting economic…

Read More Here

Malta- Business, consumer confidence remain dim – CBM Report

Economic growth prospects remain dim according to the latest Sentiment Indicator surveyed by the European Commission and published by the Central Bank of Malta, possibly reflecting the rise in COVID-19…

Read More Here

Malta Chamber and Malta Entertainment Industry and Arts Association reach cooperation agreement in creative sector

The Malta Chamber of Commerce, Enterprise and Industry and the Malta Entertainment Industry and Arts Association (MEIA) have signed a collaboration agreement, at Teatru Manoel on Thursday, in a shared…

Read More Here

GO’s TV APP wins ‘Best App’ in the eBusiness awards

2020 has been the year for TV for GO and a year that completely changed the TV landscape for Maltese customers and the way they enjoy their TV content. Earlier…

Read More Here

Malta Development Bank strengthens economic presence to support business regeneration – Professor Josef Bonnici

The Malta Development Bank (MDB) has over the past few months established and maintained a strong presence in the Maltese economy by providing the necessary support to businesses during these…

Read More Here

Malta’s Government & Chamber urge people and businesses to prepare for all scenarios of Brexit

Government and business leaders are urging people and businesses to prepare for all possible scenarios, in consideration that Brexit will impact all sectors. In a press event organised this afternoon,…

Read More Here

Maltese Govt updates Covid-tests travel requirements

The government has updated the list of countries from which travellers must present a negative Covid-19 test result which is carried out less than 72 hours before. In a statement,…

Read More Here

Now is the time to re-think our tourism strategy – Dr George Cassar

“Trying to save our tourism sector has helped us realise that our immediate health and safety are more essential than the economy. However, now is the time to see how…

Read More Here

06

Nov

Malta Chamber worried about current challenges faced by Manufacturing sector

The Malta Chamber of Commerce, Enterprise and Industry welcomed the investment of €470 million, over an eight-year period, in the infrastructure of the Manufacturing sector, which was announced by Government.…

Read More Here

HSBC Malta to permanently close four branches

HSBC Bank Malta p.l.c. has announced that the branches in Mellieħa, San Ġwann, Żabbar and Żebbuġ, which are currently closed, will not be re-opening. In a statement it said that…

Read More Here

Renowned Future Thinker to address exclusive SME event on Thursday

Futurist Gerd Leonhard will deliver the keynote speech at this year’s SME National Forum organised by the Malta Employers Association on Thursday 29 October. Listed among the top 100 most…

Read More Here

Malta files complaint against the first Mobility Package before the Court of Justice of the European Union

Malta has filed a complaint before the Court of Justice of the European Union against Mobility Package 1, Government said in a statement this afternoon. The package of measures adopted…

Read More Here

FELTOM Welcomes Budgetary Measures

The Federation of English Language Teaching Organisations of Malta (FELTOM) welcomes the Budget 2021 measures announced this week by Government as a step in the right direction that will help…

Read More Here

Significant decline in Malta’s attractiveness for investment, study finds

While the majority of respondents in the annual competiteveness survey by advisory firm EY found that the majority of businesses find Malta to be an attractive destination for FDI, at…

Read More Here

MHRA says budget averts worst effects of pandemic in near future

The Malta Hotels and Restaurants Association (MHRA) said that Government had delivered a budget which averts the worst effects in the near future being caused by the pandemic. It noted…

Read More Here

Budget 2021: MDA welcomes incentives boosting economic activity

The Malta Developers Association (MDA) welcomed the various initiatives announced in the Budget and said it was satisfied that several of its proposals have been taken on board by the…

Read More Here

SME Chamber pleased to see number of its proposal make their way in Budget 2021

The Malta Chamber of SMEs said that it was pleased to see a number of its Budget proposals taken up and welcomes the extension of the most important Covid Support…

Read More Here

Malta Chamber says Budget 2021 was Rich in social measures, vague on economic recovery

The Malta Chamber said in a statement that yesterday's Budget was rich in social measures but vague on economic recovery. It expressed disappointment that next year's budget does not address…

Read More Here

English language teaching business plummets 80% – FELTOM

FELTOM publishes analysis of Covid-19 impact on English Language Teaching schools The Federation of English Language Teaching Organisations Malta (FELTOM) has just published a report on the impact of the…

Read More Here

Employers adopting a cautious approach in their remuneration strategy – MISCO

Compared to last year, total remuneration in Malta increased by 2.8 percent, driven mainly by sectors that have steadily kept up the demand for employees, particularly those least affected by…

Read More Here

Gozo Now IoT Ready With First Smart Parking Project

A year after the inauguration of the Gozo Innovation Hub, the first project involving a new smart parking system installed in Victoria Gozo is now operating. This is the first…

Read More Here

GO Ventures Part of €41 million Investment in Apple and Samsung Partner Servify

GO Ventures has just added an investment in the device lifecycle management platform Servify to its portfolio, taking part in the Series C financing round for the five-year-old start-up that…

Read More Here

GO To Bring Exclusive Malta’s Got Talent Footage

GO brings hours of behind the scenes footage, auditions, interviews for free Following the recent announcement of the partnership between GO and Mint Media Limited – producers of Malta’s Got…

Read More Here

Malta Enterprise and MEA sign cooperation agreement

Malta Enterprise and the Malta Employers Association signed a cooperation agreement which will enhance collaboration between the two entities in the area of employment relations as well as contributing to…

Read More Here

Malta Development Bank reaches agreement with BOV for delivery of Small Loans Guarantee Scheme

The Malta Development Bank has announced Bank of Valletta as the first bank to sign up to its Small Loans Guarantee Scheme (SLGS), with a number of other commercial banks…

Read More Here

MEA presents budget proposals, focuses on better quality of life

The upcoming budget should serve as a catalyst to support the economy in moving forward, seeking quality over quantiy. In presenting its proposals for Budget 2021, the MEA said that…

Read More Here

Malta: BOV and MDB scheme disburses over €190 to businesses:

Business Today reports that a joint project between Bank of Valletta and the Malta Development Bank to support the liquidity needs of businesses has approved over €190 million for 265…

Read More Here

Malta Chamber of SMEs calls for lower VAT, income tax for businesses in bid to regenerte economy

The Malta Chamber of SMEs has published 19 Budget proposals that mainly focus on the required urgent response mechanism to counter the effects ofthe Covid 19 pandemic on businesses. Introducing…

Read More Here

Wiki Loves Monuments 2020 in Malta launched

The fifth edition of Wiki Loves Monuments, the Guinness World Record holder for the largest photography competition, is taking place again in Malta this year. The competition brings together photographers from…

Read More Here

Recognition, Personal Development and Stability most appealing company values sought by Job Seekers

Employee orientation and recognition, employee development and enhancement as well as job stability are the main three values that employees find most appealing when considering applying for a post with…

Read More Here

Cost of living increases in Malta as eurozone sees decline in prices

In August 2020, a month in which COVID-19 containment measures continued to be lifted, euro area annual inflation is expected to be -0.2%, down from 0.4% in July according to…

Read More Here

CiNext – Reskilling is a social imperative

by Jesmond Saliba From CorporateDispatch PRO The pandemic has knocked down many of our assumptions; the idea of reskilling is not among them. If anything, its relevance has only risen…

Read More Here

CorporateDispatchPRO – Edition 9

The CorporateDispatch PRO eJournal bringing you news, views and insights from Malta, Europe and around the world. This edition focuses on re-skilling amidst the Covid-19 pandemic. It also covers the…

Read More Here

Global communications platform backed by Malta-based EBO

EBO.ai and Vonage joined forces to develop a multi-channel conversational solution that brings EBO’s Virtual Agent to the world’s biggest messaging app, WhatsApp, for the first time. The collaboration means…

Read More Here

Financial sector stability remains strong – CBM

The resilience of the Maltese banking sector has improved and the sector entered the pandemic phase with healthy capital levels and strong liquidity. This was the assessment of the Central…

Read More Here

Refund of 50% of business electricity bills announced

Government today gave details on the Electricity Refund Bill Scheme which was launched as part of the Plan for the Regeneration of the Economy, which was announced back in June.…

Read More Here

Malta Chamber announces CEO appointment

The Malta Chamber of Commerce, Enterprise and Industry announced on Monday 24th August 2020 the appointment of Edward Chetcuti in the new role of Chief Executive Officer. The President of…

Read More Here

Maltese economy heading to unprecedent contraction – CBM

Latest data suggest that the Maltese economy is likely to have recorded an unprecedented contraction in the second quarter of 2020, though there are signs of some stabilisation in the…

Read More Here

Athletics: Records tumble in MAAA National Championships

An incredible display of local talent came to a close last weekend at the Matthew Micallef St. John athletics stadium at the Cavalieri Art Hotel National Championships. 30 events unfolded…

Read More Here

GO subsidiary in Cyprus is first foreign registered company to issue and list bonds locally

Cablenet Communications Systems plc, a subsidiary in which GO holds a 60.26% share, is the first foreign registered company to have issued €40 million worth of bonds locally which were…

Read More Here

CiNext – Malta Insights

JUNE RECORDS DROP IN INDUSTRIAL PRICES A decrease in intermediate goods pushed down the Industrial Producer Price Index for June by 0.27 percent from the same month last year. Data…

Read More Here

Cavalieri Art Hotel National Championships to bring gruelling athletic season to climax

Malta’s athletic season, probably one of the longest and toughest in recent history, reaches its climax this weekend with the Cavalieri Art Hotel National Championships 2020 organised by the Malta…

Read More Here

Russia, Malta agree to raise withholding tax on interest, dividend payments to 15%

Russia and Malta have agreed to amend their taxation treaty, Russia's finance ministry announced on Friday, raising the withholding tax rate for interest and dividend payments to 15%, with exceptions…

Read More Here