Ministry of Finance investigating Forum member allegations on pleasure cruises’ ‘blatant’ tax evasion
A number of pleasure cruise companies are failing to issue fiscal VAT receipts, according to Forum member Paul Pace, after having witnessed first-hand the blatant tax evasion...
Maltapost reports downward trend in profits
Downward trend in MaltaPost’s profitability reported for the six months ended 31 March 2012 will also be reflected in the second six months of the company’s financial year...
Malta in league with Albania on party donations

Malta is one of three Council of Europe States which allow anonymous donations...

Malta is one of three Council of Europe States which allow...

Maltese say public debt is Europe’s main challenge – Eurobarometer

National debt, not unemployment, worries the Maltese as effects of Greek sovereign crisis loom large in people’s minds.

National debt, not unemployment, worries the Maltese as...

FIMBank Group reports $9.13 million post-tax profit

FIMBank plc elects John C. Grech as new chairman, who takes over from...

FIMBank plc elects John C. Grech as new chairman, who takes...

EU finance ministers back 'simpler' Europe-wide VAT system

The EU’s economic and financial affairs council expresses support for an EU...

The EU’s economic and financial affairs council expresses...

Malta fends off German request for slower release of EU funds

Malta joins 11 member states in petition against German, Scandinavian requests...

Malta joins 11 member states in petition against German,...

Lombard Bank major shareholder in refinancing talks due to Greek exposure

Cyprus’s Marfin Popular Bank, which owns 48.9% of Lombard Bank, in talks for €1.5 billion in capital buffer.

Cyprus’s Marfin Popular Bank, which owns 48.9% of Lombard...

Money market report

Money Market Report for the week ending May 11, 2012

Money Market Report for the week ending May 11, 2012

Spain unveils major financial reforms

The Spanish government is to force its banks to take on an extra 30 billion euros of capital to cushion themselves against loans going bad.

The Spanish government is to force its banks to take on an...

Air Malta launches international campaign for Selmun Hotel divestiture

Airline spearheads sale of Selmun Palace with local and international advertising campaign.

Airline spearheads sale of Selmun Palace with local and...

JPMorgan reveals shock $2bn trading loss

JPMorgan Chase, the biggest US bank, reveals surprise trading loss of $2bn on complex investments made by its traders.

JPMorgan Chase, the biggest US bank, reveals surprise...

Reorganisation to lead to leaner Corinthia Hotels International

International Hotel Investments says management arm registers marked...

International Hotel Investments says management arm...

Malta Business Bureau announces new president

Grant Thornton advisory head George Vella is new president of Malta Business...

Grant Thornton advisory head George Vella is new president...

Buoyant economic forecast for Fenech, who accuses PL of endangering economy

Finance Minister says European economy forecasts positive for Malta, but accuses Opposition of painting negative picture.

Finance Minister says European economy forecasts positive...

Dutch aviation refitters bring €22 million operation to Malta

Dutch company Aviation Cosmetics bringing €22 million operation to Malta from...

Dutch company Aviation Cosmetics bringing €22 million...

MIA’s SkyParks with 70% confirmed occupancy

‘Malta Airport’s diversification strategy paying off’ – CEO Klaushofer

‘Malta Airport’s diversification strategy paying off’...

Rachel Vella awarded the Economic Update’s Top Entrepreneur Award (15 to 20 years in business)
Banif Staff Rally together for Puttinu

Banif staff members willingly gave up some of their free time for a worthy cause – the Puttinu Cares Football & Volleyball Marathon.

Banif staff members willingly gave up some of their free...

Qawra land transfer sweetens GO shareholders’ bitter pill

Greek fiasco leaves GO shareholders without dividend, but new €50 million...

Greek fiasco leaves GO shareholders without dividend, but...