Maltese economy faces contagion threat as global crisis worsens – IMF
International Monetary Fund says dampened domestic demand will not be sufficient to make up for fall in export growth.
BOV participates in TARGET 2
Bank of Valletta becomes direct participant in TARGET2, the continuous payment system in the euro currency for large-value bank transfers.
Trichet says ECB in secondary bond market to stay

The European Central Bank  is actively buying bonds on the second market...

The European Central Bank  is actively buying bonds...

G7, EU vow to fight debt crisis as markets dip

The G7 vowed early today to support financial stability and the European...

The G7 vowed early today to support financial stability...

Asian markets tumble as investor fear drowns out ECB, G7 pledges

Fear gripped Asian markets this morning as the fallout from the historic...

Fear gripped Asian markets this morning as the fallout...

World leaders race against fresh market turmoil

World leaders and finance chiefs raced on Sunday to head off spiralling...

World leaders and finance chiefs raced on Sunday to head...

Unprecedented US credit rating downgrade

Credit rating agency Standard and Poor's has downgraded the United States' credit rating for the first time in the history of the ratings.

Credit rating agency Standard and Poor's has...

Asian markets take another plunge amid recession fears

Asian stock markets plummeted on this morning following carnage in the US and...

Asian stock markets plummeted on this morning following...

CaterGroup opt for Shireburn Software

Vassallo Group’s new catering venture Catergroup and its companies implement Shireburn Software for financial, administrative,...

Vassallo Group’s new catering...

Italy speeds up austerity to calm markets

Italy will speed up austerity measures approved last month to achieve budget...

Italy will speed up austerity measures approved last...

Extended hours at Gasan Enterprises Ltd

The Gasan Service and Accident Repair Centre will now open with extended hours from 7.15 am to 16.45 pm while the Parts section is open from 7.30am to...

The Gasan Service and Accident Repair Centre will now...

Bank of Valletta’s €40 million 4.8% notes fully subscribed

Bank of Valletta’s offer to the public of €40 million 4.80% Notes...

Bank of Valletta’s offer to the public of €40...

Gaming chairman appointed Air Malta chief financial officer

Air Malta announced the appointment of its new Chief Financial Officer (CFO),...

Air Malta announced the appointment of its new Chief...

HSBC announces 19% increase in pre-tax profits of €50 million

HSBC Bank Malta delivered a strong performance in the six months ended 30...

HSBC Bank Malta delivered a strong performance in the six...

Plaza Centres register slight downturn in half-yearly profits

Revenue up by 6.8% to €1.069 million

Revenue up by 6.8% to €1.069 million

GreenPak refutes GRTU claim that businesses got raw deal for compliance

Waste recovery schemes for business operators levy accusations at each other over compliance fines.

Waste recovery schemes for business operators levy...

Malta-based BET24.com in belated warning of security breach

Malta-licensed operator BET24.com, the online gaming company of the Modern...

Malta-licensed operator BET24.com, the online gaming...

UK banks tap emergency BoE funds for first time in two years

UK banks have borrowed a daily average of GBP3 million in emergency funds...

UK banks have borrowed a daily average of GBP3 million in...

Moody's downgrades Cyprus bond rating

Ratings agency Moody's downgraded its Cyprus government bond rating by two notches to Baa1 from A2, today, citing the eurozone member's weakening...

Ratings agency Moody's downgraded its Cyprus...

Mediterranean Oil & Gas and Dominion Petroleum to decide on Maltese farm out deal

Mediterranean Oil & Gas (MOG) and Dominion Petroleum are discussing how to proceed with their Maltese farm out deal after Dominion failed...

Mediterranean Oil & Gas (MOG) and Dominion...