FROM BUSINESS NEWS
29th March 2017
The Central Bank has stated that Malta’s strong economic growth over the next three years would mean it would be impervious to the negative effects of Brexit, save for a ‘negligible’ effect.
There were 34,157 foreign people registered as working in Malta as of September 2016, most of whom come from the EU or EEA, according to data tabled in Parliament.
28th March 2017
During his final dialogue withthe Prime Minister as President of the Malta Chamber, President Anton Borg undelined the importance of trade with the UK
Algeria is becoming an increasingly desirable location for Maltese manufacturing companies, after the collapse of the security situation in Libya, according to a study by TradeMalta.
27th March 2017
Malta faces an annual €8 billion money laundering risk, and is the sixth top ‘offshore centre’, right above Panama, according to a study presented to the Pana committee.
FROM COMMERCIAL NEWS
The FIMBank Group announced a $5.3 million profit for 2016, with their return to profitability confirming the successful consolidation and turnaround strategy launched in 2015.
Malta is set to be the first Wi-Fi state in the world by the end of 2017, but many local firms still aren’t making enough use of websites and social media to boost their business, Economy Minister Chris Cardona said today.
Marie-Claire Grima – 25th March 2017
From the budgets allocated to the number of high-level meetings held here over these six months, here’s a breakdown of Malta’s Presidency Of The EU Council, in figures.
24th March 2017
The European Central Bank has withdrawn Malta-based Nemea Bank's licence, in line with a recommendation made by local financial regulators earlier this year.
23rd March 2017
The Administrative Report 2016/17 of the Malta Chamber has been published. The yearly publication gathers the work of the Chamber in the past year.
The Malta gaming licence, which allows a fantasy sports company to operate in many nations across Europe, is hotly in demand, with as many as 20 different companies applying for it, sources have claimed.
The 2017 Global Startup Ecosystem Report, published by Startup Genome, reports that Malta shows significant growth potential as a startup ecosytem.
Jeremy Leach, CEO of Managing Partners Group, has forecast that Malta will benefit more than any other financial centre in Europe from Britain leaving the European Union.
22nd March 2017
Malta loses 4.59 per cent of GDP in tax revenue due to so-called profit shifting by multinational companies, according to a report by the Tax Justice Network.
Supermarket giant Lidl is setting up an International Regional Distribution Centre in Malta, after reaching an agreement with Malta Enterprise and Malta Industrial Parks.
FROM INTERNATIONAL FINANCIAL NEWS
US bank Goldman Sachs is moving jobs away from London and beefing up its European presence, a senior executive has said.
21st March 2017
As at the end of 2016, the Maltese economy recorded a net International Investment Position of €4.7 billion, according to figures from the National Statistics Office (NSO).
Melita is preparing a bid to acquire Vodafone Malta, according to reports which first appeared in the Times of Malta.
Malta has officially launched its bid to host the European Medicines Agency as it seeks a new EU member state to host it after Brexit.
20th March 2017
Just over a week from now, Prime Minister Theresa May will trigger Article 50 of the Lisbon Treaty, the formal notification of the United Kingdom's intention to leave the European Union, a spokesman for the British government said today.
A record number of 15 leading companies in Malta took part in the 16th Corporate Social Responsibility (CSR) Day.
16th March 2017
Elections for Council members that will serve on council for the period between 2017 and 2019 will be held on the 27, 28 and 29 March following the Chamber’s Annual General Meeting.
Marie-Claire Grima - 19th March 2017
ICE Malta was founded five years ago by business trio Nikolai Sammut, James Abela and Matthew Sammut. Here, they tell MaltaChamber.org.mt how they have positioned ICE Malta as a hub for ICT learning, the importance of industry designed certifications and what's coming up in the next five years.
FROM LIFE & ART
Martina Said - 18th March 2017
For up-and-coming artist Annabel Zammit, a career in art was not always on the cards. She speaks about taking a leap of faith, facing her fears through art, and why shades of blue take centre stage in her work.
17th March 2017
Alfred Pisani, chairman of the Corinthia Group, is the first person to receive the EY Malta Entrepreneur of the Year award.
14th March 2017
easyJet may seek an operating licence in Malta or Ireland in order to be able to fly freely across the European Union after Brexit, according to various media reports.
PG Group, which owns the PAVI and PAMA supermarkets and Zara franchise amongst others, is planning to list on the stock exchange as it seeks to dispose of a quarter of company shareholding.
The tunnel project being proposed by the AX Group under Valletta, linking Sliema with Cottonera has been approved by UNESCO.
13th March 2017
Ray Ellul has been appointed as Chief Executive Officer of the National Development and Social Fund (NDSF) following a public call for applications.
9th March 2017
Participating in the Tripartite Social Summit Chamber President Anton Borg spoke about the need for retraining opportunities and unemployment benefit systems that balance the rights and duties of the unemployed.
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