September 3rd, 2010
Efforts to encourage people to invest in renewable energy sources have started to bear fruit, the Resources and Rural Affairs Ministry said yesterday, as more and more Maltese have become increasingly conscious on the importance of saving energy. Renewable energy sources are saving Malta approximately €7 million annually in electricity ...
September 2nd, 2010
HSBC Malta is among the round one winners in Global Finance’s “World’s Best Internet Banks 2010” competition. According to Global Finance, the reputable financial magazine, the first round winners include best corporate/institutional internet banks and best consumer internet banks at the country level. As a group, HSBC won 22 country and 19 ...
September 1st, 2010
Thousands of British second homeowners face tough new rules from the UK Treasury as the government cracks down on holiday lets. The plan is to abolish income tax breaks for those who occasionally rent out their properties. Any future tax breaks will be designed to help tourist businesses rather than wealthy ...
August 31st, 2010
Malta's registered unemployment dropped in July from the previous year, a report by the National Statistics Office showed on Thursday. The number of registered unemployed decreased by 9.2% in July compared to the previous year. The registered unemployed totaled 6,828 persons in July, smaller than 7,521 persons last year. Compared ...
August 30th, 2010
Advertised prices for property have gone up for the first time in two years, returning to positive territory in March, according to the Central Bank of Malta’s quarterly review. Data show that in the first quarter of this year, prices increased by 4.5 per cent when compared to a year earlier, ...
August 27th, 2010
Last Wednesday marked the first 100 days of the UK’s coalition government, a period in which it introduced, among other measures, an emergency budget. There had been fears that the emergency budget, presented by Chancellor of the Exchequer George Osborne last June, would lead to fewer British tourists coming to ...
August 26th, 2010
Gozo is one of the Maltese islands lying in the middle of the Mediterranean Sea, about sixty miles south of Sicily. Malta is the sophisticated and commercial larger island, and Gozo is the relaxed and much less populated smaller island a short distance to the north. Malta is today an ...
August 25th, 2010
Investors and shareholders in BOV property fund that lost €50 million say the bank managed to take millions in fees. Investors and two finance firms, Hogg Investments and Finco Treasury Management, are claiming Bank of Valletta and subsidiaries Valletta Fund Management and Valletta Fund Services, could have earned up to €7.5 ...
August 24th, 2010
The High Commissioner of Malta is to visit Jersey as part of an initiative to strengthen economic, political and cultural links between the two islands. His Excellency Joseph Zammit Tabona is to meet States officials to discuss interests such as gaming and EU issues. He is also set to talk to a ...
August 23rd, 2010
When the summer months approach, holiday catalogues, television and newspapers focus on promoting the country to visit that summer, and every time it’s a different one, but according to travel agents Italy remains well-loved by the Maltese. Italy remains a popular destination among the Maltese, as many people love to ...
