Malta
Vai alla Scheda Paese »Measure 100 times and cut once.
— Maltese proverb
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Pjazza Teatru Rjal manager pocketed ticket money
A former general manager of Pjazza Teatru Rjal was conditionally discharged after having been declared guilty of misappropriating funds belonging to the Malta Council for Culture and the Arts. Jason Masini, 44, from Mosta, a former Mcast lecturer seconded in July 2013 as general manager responsible for events at PTR, was ...
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Disbarred lawyer fears contracting scabies in prison
A disbarred lawyer currently facing charges of misappropriation and fraud running into some €7.4 million this morning reiterated his request for bail, pointing out that his court-ordered transfer to Division 15 could possibly land him in contact with a case of suspected scabies. This latest twist in the ongoing court saga ...
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MSE Equity Price Index drops to 3-day low
The MSE Equity Price Index extended yesterday’s decline by a further 0.28% to a three-day low of 4,643.805 points, largely reflecting the 3.5% drop in the share price of IHI which outweighed the gains in BOV, HSBC, MIA and Farsons. Trading volumes increased considerably as €1.42 million worth of shares changed ...
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“Financial services are thriving” – FinanceMalta hits back at poor index ranking
The financial services sector is thriving, FinanceMalta has responded, a day after a global services index gave Malta a poor ranking in the sector. The number of investment services licence holders went up from 149 in December to 163 in June 2017. Sixty new funds were established in the first six months ...
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Chris Said worried about slip in Malta’s attractiveness as financial services centre
PN leadership candidate Chris Said has expressed his worry that "Malta's attractiveness as a financial services centre slipped eight places since March."Said was reacting to the Zyen Global Financial Services Index released yesterday."The index is compiled by means of an analysis of 102 factors, ranging from business environment, to risk, price ...
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Indications show successful summer for Gozo – Gozo Tourism Association CEO
Initial indications show that summer tourism numbers in Gozo rose over the previous year, Gozo Tourism Association CEO Joe Muscat told the Malta Independent.“From our indications, it seems Gozo had a successful summer, and that the number of tourists rose when compared to the summer of 2016.”He noted a shift ...
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President meets local councils to discuss protest against lawlessness in Marsa
President Marie-Louise Coleiro Preca, together with the President of the Local Councils Association, Mario Fava, convened a meeting with various local councils - Marsa, Ħamrun, Floriana, Pietà, Gżira, Paola and Birżebbuġa - and representatives from migrant communities forming part of the Migrant-led NGO Platform within the President’s Foundation for the ...
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EU, UK need good working relationship after Brexit - Alfred Sant
Former Prime Minister and Maltese MEP Alfred Sant said that it is the interest of both the EU and the UK to come to some deal and have a good working relationship after Brexit. Sant was interviewed in Brussels by UK Channel 4 journalist Georg Von Harrach on the recent ...
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TMID Editorial: Migrants hit by NIMBY
As soon as preparations were at hand to shift the residents of the Marsa Open Centre to Hal Far, a commitment of the Labour Party electoral manifesto, the residents of Birzebbuga rose in protest.Not In Our Back Yard (NIMBY) they seemed to say.Who can blame them? Hal Far already houses ...
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Market Surveillance Directorate withdraws unsafe toys from the market
The Market Surveillance Directorate within the Technical Regulations Division of the Malta Competition and Consumer Affairs Authority (MCCAA) has withdrawn four toys from the local market. These were found to be dangerous as small parts can be easily detached from the toys, which may be swallowed by children. Moreover, three ...
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‘I will not be your source’ – Karol Aquilina on administrative council meeting due on Thursday
The Nationalist Party’s Administrative Council will meet once again on Thursday to discuss an as yet unknown agenda.Sources speaking to The Malta Independent said that the council did not disclose the agenda because some of its members are supporters of Adrian Delia, who is contesting for the party leadership.The president ...
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Infrastructure key focus in upcoming budget – Minister Scicluna
Finance Minister Edward Scicluna has revealed that the improvement of the quality of life, with a particular focus on infrastructure, education, and health care, will be central to the upcoming budget.Speaking at a consultation meeting with the Malta Council for Economic and Social Development (MCESD) in Valletta over the pre-budget ...
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MCA, MEA, GRTU launch free ‘FastTrak’ course for small businesses to improve online presence
The Malta Communications Authority, in collaboration with the Malta Employers’ Association and the GRTU have launched a course entitled FastTrak, aimed at helping small businesses with increasing their online presence.Through a survey it was found that roughly 70 per cent of people residing in Malta luck up information about the ...
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Suspended sentence for contractor and accounts clerk charged with road works fraud
A contractor and an accounts clerk were handed a suspended prison sentence after they were found guilty of defrauding Transport Malta of thousands of euros for road works carried out.George Oliver Schembri, a company director was condemned to two years in prison suspended for four. He was also ordered to pay ...
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We need a master plan to tackle migration issues – Chris Said
Nationalist Party leadership contender Chris Said is all in favour of a master plan to tackle migration issues. In a statement, Said said that hundreds if not thousands of foreign workers are currently coming to Malta to look for work. This, in itself, is of course not a bad thing; ...
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Slowdown in local trading activity
The MSE Equity Price Index eased minimally lower during today’s stock exchange session to 4,656.649 points on the back of declines in MIA, Medserv and Malita which were only partly offset by the minimal uplift in the share price of HSBC. Meanwhile, a further five equities ended the session unchanged. ...
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Budget to deal with 'problems of robust growth'
Waste management, cleanliness, the road infrastructure and rising rents are on the Finance Minister’s agenda as he inches towards Budget day on October 9. The next Budget will focus on the spillover problems caused by above average economic growth, Edward Scicluna said this afternoon after meeting the Malta Council for Economic ...
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Director, accountant defraud Transport Malta in road works billing
A company director and his accounts clerk who bribed a Transport Malta architect to inflate bill of quantities related to road works have been handed suspended jail sentences and fined €140,000. George Oliver Schembri, 55, from Birżebbuġa and a director of Alfred Schembri and Sons Limited and accounts clerk Donald Camilleri, ...
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Trade deficit widens by €100m in July
Malta's trade deficit widened by more than €100 million in July when compared to the same month last year, new figures released today show. The country's trade deficit stood at €272.1 million in that month when compared to the €168.9 million figure registered in July 2016, data released by the National ...
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Malta as financial services centre drops 8 places since March on global index
Malta has dropped eight places since March 2017 to 85th out of 92 financial services centres, in the Zyen Global Financial Services Index released today. Malta improved its points since March by 15 to 609, but dropped in the rankings nevertheless. There was an overall drop in confidence amongst the leading centres. ...
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TMID Editorial: The laws of the land - Enforcement: here’s a good starting point
Prime Minister Joseph Muscat yesterday had many fine and laudable words about increasing enforcement across the land. He mentioned driving, public order, encroachments by restaurants, driving and drugs.His words were music to the ears of many, while others were of the ‘believe-it-when-I-see-it’ attitude. His comments may have been inspired by ...