AX Group registers €23m drop in 2020 revenue as COVID-19 hits core sectors
COVID-19 and mitigating measures pushed AX Group to an €8 million loss after tax
MIA reports drop of close to €70 million in total revenue for 2020
COVID-19 leads Malta International Airport to post first-ever loss of €4.3 million since the airport’s privatisation in 2002
€37 million investment in Freeport operations to further reduce impact on surrounding residents

Potential for more work opportunities at Freeport with the strengthening of Maltese trade in more than 100 ports, particularly in Asia

Potential for more work opportunities at Freeport with the...

Second COVID vouchers  scheme divides businesses

Businesses have been left in the dark as to which sectors will be able to...

Businesses have been left in the dark as to which sectors...

Malta sees 34,000 fewer flights in 2020

Malta experienced a loss in air traffic of 58%, or 35,000 fewer flights, compared to 2019 due to the COVID-19 grounding of air travel

Malta experienced a loss in air traffic of 58%, or 35,000...

The UK/EU Free Trade Agreement

The free trade agreement came into effect on 1 January and, with the UK now a non-EU country, new bureaucratic procedures come into effect, particularly with...

The free trade agreement came into effect on 1 January and,...

Swift herd immunity imperative to promote Malta as a safe destination

Reaching herd immunity as quickly as possible will place Malta as a frontrunner...

Reaching herd immunity as quickly as possible will place...

Businesses want government to clarify Brexit effect on trade

Chamber of Commerce in urgent meeting with Parliamentary Secretary Stefan...

Chamber of Commerce in urgent meeting with Parliamentary...

GO’s mobile trade-in offer supports a cleaner environment

Earlier this year, GO Ventures concluded an investment in the device lifecycle...

Earlier this year, GO Ventures concluded an investment in...

Credorax, Hero Gaming partner to accept, process payments in Europe

Credorax, and Hero Gaming, have announced a collaboration that will enable Hero...

Credorax, and Hero Gaming, have announced a collaboration...

Malta International Airport to develop new aircraft parking area known as Apron X

Malta International Airport has issued a call for bidders to develop a new aircraft parking area in what is being billed as the largest investment in aerodrome...

Malta International Airport has issued a call for bidders...

Farsons dismisses redundancy claims, full staff kept on despite COVID losses

Farsons Group CEO insists the Board and management had taken extraordinary measures to ensure no jobs were lost despite revenue and profit taking a huge hit...

Farsons Group CEO insists the Board and management had...

Maltese researchers to apply innovative cooling technology for vaccine transportation

As the current pandemic carries on, a local team of researchers have been quietly working on a cooling technology called ICECAP, which can solve the last-mile...

As the current pandemic carries on, a local team of...

Malta to get more funding for health, research and educational programmes

Malta will be getting a higher level of funding than originally allocated to Malta between the EU’s Heads of State in a deal after a marathon EU summit...

Malta will be getting a higher level of funding than...

Guesthouse owners pinning survival on vaccine and government assistance

From reduced prices to long-let packages: with no tourists or foreign workers to fill rooms as COVID-19 rages unabated, guesthouse owners are pinning their...

From reduced prices to long-let packages: with no tourists...

MIA registers 92% drop in November passenger traffic

• Just over 39,800 passenger movements registered by MIA in...

• Just over 39,800 passenger movements registered by...

Medserv continues to secure new work

Medserv is expected to return to pre-COVID performance levels in 2021, due to a strong pipeline of contracted work

Medserv is expected to return to pre-COVID performance...

MFSA issues consultation document on updated CSP rules

The MFSA has launched a Consultation Document focusing on specific new...

The MFSA has launched a Consultation Document focusing...

18% increase in November property sales as industry remains buoyant

The Malta Developers Association said there was an 18% increase in November...

The Malta Developers Association said there was an 18%...

Urban and rural development: 'one-size-fits-all' does not cut it

Spatial planning for Malta is a task of unfolding complexities. Providing...

Spatial planning for Malta is a task of unfolding...