PAVI to become major commercial hub after buying adjacent land for €7 million
PAVI Supermarket in Qormi has paid €7 million for around 7,000sq.m of adjacent land where the Nylon Knitting factory is situated
Moody’s affirms A2 rating for Malta with swift FATF greylist exit
Credit rating agency affirms A2 rating for Malta with outlook changing from negative to stable
FIAU’s tax evasion guide lists red flags for suspect companies

Around 10% of STRs – suspicious transaction reports – relate to...

Around 10% of STRs – suspicious transaction reports...

No cash withdrawals below €500 will be allowed at HSBC branches

HSBC customers will have to use the ATM for withdrawals below €500, while...

HSBC customers will have to use the ATM for withdrawals...

MFSA calls time on luxury credit card company Insignia with €142,000 fine

Members-only credit card company with former Labour minister Chris Cardona on payroll is fined and ordered to stop processing payments and prefunding of cards

Members-only credit card company with former Labour...

Lifelong Tumas company secretary Ray Sladden resigns role, remains board member

Ray Sladden was appointed group finance director and company secretary at Tumas in 1998. He stays on as member of the board of directors of the company

Ray Sladden was appointed group finance director and...

Maltese businesses facing ‘constellation of shocks’

Central Bank warning of price inflation in 2022 due to higher import costs...

Central Bank warning of price inflation in 2022 due to...

BOV hit with €2.6 million FIAU penalty

The bank failed to obtain basic identification details of the beneficial owners of almost 2,500 corporate customers

The bank failed to obtain basic identification details of...

HSBC registers interim profits of €17.5 million

HSBC Bank’s half-yearly results show that the COVID-19 pandemic has led...

HSBC Bank’s half-yearly results show that the...

Dragonara Casino and government sign new 10-year casino concession agreement

Under the new concession, in the next 10 years Dragonara Gaming Limited will invest a total of €10 million in new technology, systems and equipment...

Under the new concession, in the next 10...

Melite secures tenants for COVID-hit stores in Italy

The Maltese franchise holders of the Accessorize brand in Italy have announced...

The Maltese franchise holders of the Accessorize brand in...

Bank of Valletta stages first-half revival in profitability with €25.9m pre-tax profit

BOV registers €25.9 million profit before tax for the first six months of 2021

BOV registers €25.9 million profit before tax for the...

Stable unemployment rate throughout June at 3.6%

Unemployment stable throughout June, down 0.9% from last year

Unemployment stable throughout June, down 0.9% from last...

41 business owners and employees complete eCommerce training

21.9% employment growth in the ICT sector expected over the next 10...

21.9% employment growth in the ICT sector expected over the...

Fitch affirms A+ Malta rating with stable outlook

Fitch highlights risks related to the FATF greylisting and golden passport...

Fitch highlights risks related to the FATF greylisting...

E.J. Busuttil Ltd supports cancer research through RIDT at University of Malta

Company will be providing €90,000 worth in equipment and consumables to facilitate more research in oncological diagnostics at the University of Malta

Company will be providing €90,000 worth in equipment...

New controller appointed to Nemea Bank for liquidation

Michael Spiteri Bailey has been appointed as the controller for Nemea Bank to...

Michael Spiteri Bailey has been appointed as the controller...

Melite Finance volte-face wards off unprecedented challenge to investors

Alf Mizzi fronts capital injection after bondholders’ resistance to have their 2021 interest payment wiped out following COVID-19 lockdown losses

Alf Mizzi fronts capital injection after bondholders’...

Curmi & Partners onboards London’s Third Financial for Tercero fintech platform

Leading investment firm Curmi & Partners has announced a tech partnership with the innovative investment platform and software...

Leading investment firm Curmi & Partners has...

BOV makes €20.6 million pre-tax profit in third quarter

For the whole nine months, BOV registered a €46.5m profit before tax

For the whole nine months, BOV registered a...