March 11th, 2010
Malta is well on track to emerge from the recession by June, in line with predictions, but this depended on whether the country's tourism industry picked up, Prime Minister Lawrence Gonzi said yesterday. With the extra assistance being given to hotels and restaurants and the setting up of a base for ...Read more »
March 10th, 2010
Low cost airline Ryanair yesterday announced that it is setting up an aircraft base in Malta, adding six new routes to the existing 13, as from May. The new routes are from Malta to the cities of Billund in Denmark, Bologna in Italy, Krakow in Poland, Marseille in France and ...Read more »
March 9th, 2010
After the success of the first edition, which was held in February last year, the second edition of the HSBC Malta Property Expo is now underway. Visitors with an eye or two on a certain property can visit the exposition, which is taking place at the MFCC in Ta’ Qali, ...Read more »
March 8th, 2010
Ryanair will open its 41st base at Malta in May with one based aircraft and 19 routes - six of which will be new. Ryanair's new Maltese base will deliver up to 800,000 passengers per annum and sustain 800 jobs on over 120 weekly flights as the airline invests over ...Read more »
March 5th, 2010
The EU will meet its 2020 20% renewable energy target, but not with Malta’s help, according to an analysis by the European Wind Energy Association (EWEA) of all 27 Member States’ national forecast documents. As things stand, Malta has already missed its second deadline to submit a report forecasting its ...Read more »
March 4th, 2010
Maltese embassies in the first two months of this year reported 250 contacts by companies are individuals abroad interested in investing in Malta, twice the number in the same month last year. The Foreign Ministry said embassies had a crucial role to play as the first point of contact between potential ...Read more »
March 3rd, 2010
Unemployment in January climbed to 7,758, an increase of 770 persons when compared to January 2009 and by 78 over last December, the NSO said today. It said there were 6,972 unemployed persons in Malta and 786 in Gozo. The NSO said the the number of men on the unemployment register increased ...Read more »
March 2nd, 2010
Even though the effects of the recession in Malta have been relatively mild compared to other European countries, it may take the country longer to fully recover, economist Gordon Cordina told a business breakfast organised this week by our sister paper The Malta Business Weekly and the Malta Chamber of ...Read more »
March 1st, 2010
The financial services sector has grown by 22 per cent over the 12 months to last September, and Finance Minister Tonio Fenech said he believes there is still a lot of potential growth, especially in such value added areas as portfolio management, fund administration and captive insurance. Mr Fenech was addressing ...Read more »
February 26th, 2010
Forecasts predicting the prosperity of the Maltese economy in 2010 in light of the economic recession of last year should be treated with caution, The Malta Business Weekly has learnt. Leading economist, Dr Gordon Cordina, told this newspaper that since the Maltese economy is characteristically more subject to fluctuation and unpredictability ...Read more »
