Swedish police drop investigation against Tonio Fenech and Falcon directors
A fraud investigation into Maltese pension fund Falcon continues but prosecutor says they will not charge former PN minister Tonio Fenech and co-directors of the pension fund
Paradise Papers | MFSA chief Bannister never declared foreign company directorship
Outgoing MFSA chairman Joseph Bannister denies any suggestion of conflict of interest, afte Paradise Paper reveal directorship of offshore BVI firm linked to Russian mining venture
Vatican lost €17 million through Malta fund under MFSA’s spotlight

Vatican Bank announces civil action over investments in Malta carried in the Optimum Ad Maoira fund

Vatican Bank announces civil action over investments in...

[WATCH] GO plc to make €100 million investment over five years

The telecoms company said it had doubled the data capacity of submarine cables...

The telecoms company said it had doubled the data capacity...

Salaries in finance and IT jobs in Malta have increased by 5% over 12 months

Misco salaries and benefits survey says employers’ key challenge is staff development, motivation and retention

Misco salaries and benefits survey says employers’...

Former finance minister Tonio Fenech gets MFSA reprimand over Falcon Funds fiasco

Tonio Fenech and two other directors are now prohibited from taking any new appointments in licensed financial services activities for two years

Tonio Fenech and two other directors are now prohibited...

A new face for Benna

Malta Dairy Products Ltd has given BENNA a revamp with the announcement of the launch of the new company logo, packaging and products as part of the ongoing...

Malta Dairy Products Ltd has given BENNA a revamp with the...

New Virtu Ferries catamaran is largest in the Med, to carry 900 passengers

At a cruising speed of 38 knots (70.4 km per hour) the Saint John Paul II will make the crossing in approximately 90 minutes.

At a cruising speed of 38 knots (70.4 km per hour) the...

Union advises caution from bank employees over settlement from HSBC on brokerage business

The Independent Bankers Union said that the compensation related to what the bank itself described as a ‘legacy operational and regulatory failure in the...

The Independent Bankers Union said that the compensation...

Swedish MPs discuss pension overhaul after Malta imbroglio

KPMG release €33 million from Falcon Funds to Swedish pensioners, as saga...

KPMG release €33 million from Falcon Funds to Swedish...

Farsons registers positive results in ‘extremely competitive’ market

Farsons CEO says current enforcement measures on waste management and packaging waste far from ideal and creating disaparities between operators

Farsons CEO says current enforcement measures on waste...

Malta improves its WEF Global Competitiveness Index ranking

Increase in competitiveness ranking from 40th to 37th place out of 137 countries

Increase in competitiveness ranking from 40th to 37th place...

Taxing the Internet’s giants? Finance minister Edward Scicluna is a sceptic

The EU’s largest member states want to levy a tax on Facebook and Google on their sales, instead of their profits, to stop them from benefiting from low...

The EU’s largest member states want to levy a tax on...

Rent control? No way, says developers association president Sandro Chetcuti

Joseph Muscat talks a good game on rising rental prices, but his finance minister has ruled out rental controls, and one of his big supporters, Sandro...

Joseph Muscat talks a good game on rising rental prices,...

Ryanair misses pilots' deadline to improve conditions

Ryanair pilots are set to write to chief executive, branding him a...

Ryanair pilots are set to write to chief executive,...

Motor vehicle insurance claims average €50 million annually

The Malta Insurance Association warns that a decision by Malta’s...

The Malta Insurance Association warns that a decision by...

Insurance firms colluded to exclude motor vehicle repairers from claims

Competition Authority says GasanMamo, Elmo, Atlas, and MAPFRE must stop an illegal system of paying motor repairs only from recognised ‘QVR’ garages

Competition Authority says GasanMamo, Elmo, Atlas, and...

Financial services could contribute up to 15% of GDP by 2022, professionals say

87% of senior professionals working in financial services anticipate it will contribute more towards Malta’s GDP by 2022

87% of senior professionals working in financial services...

[WATCH] Air Malta hives off ground handling operations

A new government company has been set up to take control of ground handling...

A new government company has been set up to take control of...

Air Malta introduces 'go light' ticket fares at just €39

At just €39, travelers can now use Air Malta to travel to cities like...

At just €39, travelers can now use Air Malta to travel...

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