• Juncker calls for ‘full transparency’ when non-EU businesses buy European assets

    European Commission President Jean-Claude Juncker today described the need for “full transparency” when foreign public businesses, coming from outside the EU, purchase European ports, businesses, assets in energy sector and technology.Giving is state of the European Union address in Strasbourg, Juncker said that full transparency is essential for the common ...

  • TMID Editorial: Enforcement - Must do better

    The Labour administration is currently celebrating the first 100 days of its second current term.Speaking on Sunday, Prime Minister Joseph Muscat went through his list of achievements of these 100 days. He then announced a strengthening of enforcement all around. This last bit, in our opinion, tempers all boasting of achievements ...

  • Roberta Metsola elected to new EU anti-terrorism Committee

    Malta will have a representative on the new European Parliament Committee dealing with anti-terrorism measures after MEP Roberta Metsola was elected as one of the MEPs forming part of it.“The EU needs to act faster and stronger when it comes to preventing and responding to acts of terror. Intelligence will ...

  • Malta’s financial services industry is 'thriving and performing well'

    “Malta is experiencing continuous growth and achieving excellent results in financial services. Different to what was reported in the recent Zyen Global Financial Services Index, where it was reported that Malta fell 8 places in this global financial services index from 77 to 85 out of 92 jurisdictions, the industry ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...

  • 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 ...