Retailers struggling to survive amid slow sales in post-COVID limbo
• Businesses in Valletta making as little as 15% of last year’s sales • Sliema retail outlets operating at around 40% of 2019 turnover
Unemployment continued to rise in May
The National Statistics Office says that the number of people registering for work stood at 4,409 in May, an increase of 430 on the previous month
EU rescue funds yes, but without ‘unfair burden’

Malta is 'in principle' favour of the EU’s COVID-19 rescue...

Malta is 'in principle' favour of the...

Farsons reports profit before tax of €12.3 million

Simonds Farsons Cisk has announced its financial results for year ended...

Simonds Farsons Cisk has announced its financial...

The Shoreline’s Commercial Podium awarded Silver LEED pre-certification

The Shoreline’s Commercial Podium has been awarded a high-level Silver LEED Pre-Certification

The Shoreline’s Commercial Podium has been awarded a...

Nightclubs keen to reopen with social distancing rules

Lower music volumes and a lounge-style experience could allow clubs and bars to...

Lower music volumes and a lounge-style experience could...

Scicluna warns: ‘Beware the fruit that can be a prickly pear’

Edward Scicluna has warned of the potential pitfalls of a proposed EU rescue...

Edward Scicluna has warned of the potential pitfalls of a...

€992 million: EU’s COVID-19 recovery package for Malta

Malta could receive close to €1 billion in funds to recover from impact of...

Malta could receive close to €1 billion in funds to...

Air Malta cabin crew to maintain jobs after making concessions in negotiations

Agreeement sees Union of Cabin Crew members making concessions, but no jobs will be lost

Agreeement sees Union of Cabin Crew members making...

Hili Company’s container terminal in Latvia receives delivery of large crane

Baltic Container Terminal, operated by Maltese firm Hili Company, has invested in a new crane that will allow the port to service larger vessels

Baltic Container Terminal, operated by Maltese firm Hili...

The new normal – expectations and preparations

Joint webinar by Bank of Valletta and EY addresses current concerns of medium...

Joint webinar by Bank of Valletta and EY addresses current...

Mazel Tov - the lockdown is thawing

As a final word of caution, Malta moved up to the top twenty nations in the global world metre scale for COVID-19 cases, having twice the number of daily cases...

As a final word of caution, Malta moved up to the top...

Nationalist Party proposes bipartisan social pact for economic recovery

The Nationalist Party is proposing the creation of a bipartisan task force to deliver a COVID-19 social pact for economic recovery

The Nationalist Party is proposing the creation of a...

Reopening of eateries a mixed bag for restaurateurs

The government’s decision to reopen restaurants has been met with mixed...

The government’s decision to reopen restaurants has...

[WATCH] ĠEMMA launches educational eBook on common financial scams

Government financial capability portal ĠEMMA launches ebook on potential scam...

Government financial capability portal ĠEMMA launches...

Baxter Malta expands production by 20% as it adapts capacity to help fight COVID-19

Economy mister says new measures will be anonunced in the coming days to help stimulate further economic activity amid the coronavirus pandemic  

Economy mister says new measures will be anonunced in the...

Trident Group operations register improved profitability

The Trident Group has announced an improved profitability in operations in its...

The Trident Group has announced an improved profitability...

McDonald’s licencee Premier Capital posts €28 million pre-tax profit in 2019

Premier Capital plc, the Maltese-owned Developmental Licencee for McDonald’s in six European markets, has posted a pre-tax profit of €28 million for...

Premier Capital plc, the Maltese-owned Developmental...

MAPFRE MSV Life p.l.c. registers 2019 pre-tax profits of €14.5 million

MAPFRE MSV Life registered a profit before tax of €14.5 million for the year ended 31 December 2019, up 5.8% on the previous year 

MAPFRE MSV Life registered a profit before tax of...

Newly listed Harvest Technology posts €2m profit after tax in 2019

Harvest Technology plc, the IT, security and electronic payments group which...

Harvest Technology plc, the IT, security and electronic...