Germany’s hi-tech sector is expected to register solid growth this year and next, creating thousands of jobs, its chief lobby group said ahead of the giant CeBIT trade fair. The sector, the second-biggest in Europe’s top economy, will expand by two per...
A Google-backed startup came out of “stealth mode” with a way to dramatically cut the amount of electricity wasted by data centres, solar panels, hybrid cars and more. Transphorm has made a module that can cut by as much as 90 per cent the amount of...
The government and the Chamber of Commerce, Industry and Enterprise have announced the setting up of an outsourcing framework that will see some of the current application maintenance, support and operations at the Malta Information Technology Agency...
MARSEC-XL, a not-for-profit foundation established in Malta three years ago to shape the digital future of the marine industry through ICT, announced the first open source, community-driven platform project in the marine industry. The foundation said...
Malta-based Aloaha Limited participated for the second consecutive year at the Omnicard trade fair in Berlin to present its smart card/e-ID middleware technology. Omnicard is a major international conference for the smart card community. The trade show...
Once upon a time, when an international crisis developed on such a scale that the entire world held its breath, we would just sit down in front of our TV sets and watch, hope and pass comment on what was going on. We saw live pictures of the Berlin...
Lisbon trading: Portugal yesterday bought back million of euros in two government bonds maturing in the second quarter in a move to signal the country’s financial strength. The government has achieved spending cuts of 3.9 per cent in the last two months.
Thousands of people wait in Libyan to cross into Tunisia through the Ras Jedir border crossing near Ben Guerdane yesterday. The UN refugee agency made a plea for hundreds of planes to end the gridlock at the Tunisia border with revolt-hit Libya, where...
Bangladesh’s central bank yesterday fired Muhammad Yunus from the celebrated microfinance lender he founded, capping months of political pressure for the Nobel prize winner to quit. Bangladesh Bank said Yunus had failed to seek its prior approval when...
High oil prices will cut airline industry profits by nearly half this year despite the growth in air travel with the recovery, the International Air Transport Association said yesterday. In a revised profit forecast, IATA said it was downgrading its...
Arriva Malta has placed a £2 million order for 10 Solo hybrid buses with bus and coach manufacturer Optare. This is Optare’s first overseas order for hybrid buses. The Solos are 28-seat, 8.8-metre models; Arriva has specified the 2.3-metre wide “Slim...
Bank of Valletta, through its EU and SME Desk is assisting its customers in benefitting from the interest rate subsidy scheme. Through the scheme, the Maltese government, through Malta Enterprise, subsidises the interest rates on bank business loans to...
Symantec, which offers computer security solutions, in collaboration with Computer Solutions Ltd. (CSL) and CSB Group recently held a half day seminar at the Casino di Venezia in Vittoriosa for local iGaming operators. During the seminar, CSL and CSB...
Banif Portugal is to be included in the PSI-20, the benchmark index of the Portuguese stock exchange, as from March 21. The bank said this entry has been expected by the market for some weeks. The Portugal PSI-20 Index is a capitalisation weighted...
HSBC Malta has introduced a knowledge centre, a facility aimed at start-ups, self-employed people and small to medium-sized businesses. The online business tool, the first by a local bank, will enhance HSBC’s proposition to local firms. The Knowledge...
‘Halting the loss of biodiversity’
The National Commission for the Promotion of Equality has awarded Alert Communications the Equality Certificate for basing its management practices on the recognition of the potential of all employees. Alert Communications (www.alert.com.mt) is a...
Saudi Arabia is capable of offsetting any shortfall in global oil supplies due to the current turmoil in Libya, the head of the International Energy Agency said yesterday. Saudi Arabia “can supply any gap. Even if Libya may stop exportation totally ...
“Opportunity” for the development of FranklinCovey in the Maltese market is the major impression Peter Kasic, FranklinCovey vice-president of international partners and global sales took away with him after his recent visit to Malta. “It’s not...
Schools in Canada, the UK and the United Arab Emirates have expressed keen interest in a local company’s web-based management software, according to My School Ltd managing director Patrice Peyre. Launched in 2008, My School offers a simplified and...
Some English language schools have suffered a few cancellations as a result of the Libya crisis and fear other bookings could be withdrawn if the situation worsens, the Federation of English Language Teaching Organisations Malta told The Times...
Fimbank’s exposure to emerging markets is trade finance-related and of a short-term nature – two factors which mitigated risks substiantially – and Libya confirmed this position very strongly, president Margrith Lütschg-Emmenegger told The Times...
Corinthia Group’s North Africa real estate investor Mediterranean Investments Holding plc has reported a loss of €0.79 million for the year ended December 31, 2010, which is €19.4 million lower than projected results published in the company’s...
PricewaterhouseCoopers has published its latest, extended edition of the EU VAT Guide. The improved and updated version of “A Guide to VAT in the 27 EU Member States, Norway and Switzerland” is a guide for tax, accounting and finance professionals. It...
With less than a month to go for the opening of the third edition of the HSBC Advance Malta Property Expo, preparations are well under way for another highly anticipated quality event. The Malta Property Expo is the only event of its kind in Malta that...
6pm Holdings plc has entered into an agreement to wholly acquire IT infrastructure companies Compunet Operations Ltd and Compunet Agencies Ltd. The “Class 2” transaction requires prior approval by the company’s shareholders. The acquisition depends on...
The print media in the digital age
Maltese-Libyan business ties
March will be filled with major events for the euro. This week, the planned banking stress test criteria (banks should be tested in the first half of this year) are being discussed by the European Banking Association, and today the ECB holds its...
Jobs of Maltese company employees with Libya-based roles could be at risk if the crisis is drawn out, the Malta Employers Association has confirmed with The Times Business. MEA director-general Joe Farrugia said the MEA was among the stakeholders...
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