FIMBank registers sharp increase in profits in 2010
FIMBank Group registered a significant increase in its after tax-profit to reach US$6.74 million for  2010, while the Group’s Balance Sheet also saw considerable...
Fitch revises Bank of Valletta’s long-term rating to BBB+, outlook stable
Credit rating agencies are taking a more conservative view in their rating actions, as evidenced by a spate of downgrades in recent months.
New aviation maintenance operation inaugurated

MCM Maintenance inaugurated as works get under way for €17 million Safi...

MCM Maintenance inaugurated as works get under way for...

'Maltese recession mild compared to Eurozone' - HSBC expert

HSBC Group’s senior global economist Karen Ward has described the...

HSBC Group’s senior global economist Karen Ward has...

Deficit falls by €6.2m to €288 million

In the first five months this year, the shortfall between recurrent revenue...

In the first five months this year, the shortfall between...

Farsons Group increases profitability by €2 million in 2009, reaching €10.2 million

Farsons Group had improved its profitability during 2009 by €2 million as a result of a number of remedial measures by the Group that helped mitigate...

Farsons Group had improved its profitability during 2009...

April gives hoteliers  5.3% increase in arrivals

In April 2010, total arrivals in collective accommodation establishments...

In April 2010, total arrivals in collective accommodation...

HSBC invests €8m to upgrade its branch network

HSBC reopened its branch in Bugibba after 2 months of extensive works to...

HSBC reopened its branch in Bugibba after 2 months of...

Commission launches infringement proceedings against Malta on groundhandling at MIA

The European Commission has decided to ask the Maltese authorities to correctly apply a directive on the opening-up of the groundhandling market.

The European Commission has decided to ask the Maltese...

Chamber of Commerce signs agreement for Tunisian business council

The Malta Chamber of Commerce, Enterprise and Industry has signed an...

The Malta Chamber of Commerce, Enterprise and Industry...

Green Dot Malta ‘vindicated’ over GRTU subsidiary company

Waste recovery company wins court case over confusion caused by GRTU...

Waste recovery company wins court case over confusion...

Actavis' new CEO eyes ‘further expansion’ in southern Europe, emerging markets

Actavis Group, the international generic pharmaceuticals company based in Iceland, has announced the appointment of former Ratiopharm CEO Claudio Albrecht as...

Actavis Group, the international generic pharmaceuticals...

Pension reform should be approached with caution – MEA

The Malta Employers’ Association has urged government to conduct proper...

The Malta Employers’ Association has urged...

Current account balance improves, reserve assets down 1st qtr

Early estimates of the international economic and financial transactions of...

Early estimates of the international economic and...

Volcanic ash, price sensitivity, exchange rate see Island Hotels register €2m loss

The Island Hotels Group have registered a €2 million loss, a six-month interim report shows for the period ended 30 April 2010.

The Island Hotels Group have registered a €2 million...

Wind farms heat up
Austerity measures are too early says leading economist

Nobel prize winning economist Paul Krugman warns about early measures

Nobel prize winning economist Paul Krugman warns about...

Updated: Companies blitz government and file judicial protest over eco-contribution

40 companies from the GreenPak scheme to recover packaging waste have filed a judicial protest claiming they were denied an exemption on eco-contributions

40 companies from the GreenPak scheme to recover...

Clothing pushes retail price index up 0.17%

Seasonal price rises in clothes pushes retail index upwards

Seasonal price rises in clothes pushes retail index...

Italian IT consultancy  firm Con.Nexo sets up shop in Malta

Malta chosen for head office relocation for its supply of high-level skilled...

Malta chosen for head office relocation for its supply of...