Moody's rate Malta on favourable track

Moody's annual update on Malta's credit rating is now published, it highlights that although Malta has favourable economic prospects and robust growth, the fiscal accounts of the government with a public debt to GDP ratio above the A-rated median continues to constrain an improved rating.

Economy | 26 May, 2017

BOV and French-Maltese Chamber deepen collaboration

The collaboration between Bank of Valletta (BOV) and the Maltese-French Chamber of Commerce was renewed during a presentation at the French Embassy. Kenneth Farrugia, Chief Business Development Officer at BOV, emphasised the importance in promoting trade relations between Malta and France during his address.

Financial Services | 26 May, 2017

Ukraine eyes Malta as grain distribution hub

Ukrainian President Petro Poroshenko announced that Malta could become the site of a Ukrainian grain distribution facility for the North African market during a joint press conference with Prime Minister Joseph Muscat. Poroshenko also highlighted that the Ukrainian Antonov aircraft company is willing to open an office in Malta.

Transport & Logistics | 17 May, 2017

Maltese aviation scaling up

Bank of Valletta held the sixth edition of the BOV Aviation Outlook at their head office in Santa Venera on May 8th. The conference highlighted Malta's continued growth of the aviation industry with maintenance, repair and overhaul (MRO) operations, back-office setups, R&D and the production of aircraft components.

Aviation | 09 May, 2017

MCAST and the maritime industry strengthen ties

A memorandum of understanding was signed on the 8th of May between Malta College of Arts, Science & Technology (MCAST) and Malta Maritime Forum (MMF) to strengthen collaboration and facilitate the upgrading of technical skills among maritime industry employees.

Maritime & Shipping | 09 May, 2017

Sweden aims to "entice companies home" with new gambling regime

Sweden is moving towards a licensing regime for gambling after finalising a public investigation initiated by Minister of Public Administration, Ardalan Shekarabi. The proposal includes licences for betting, online gaming, casinos and slot machines, card game tournaments, as well as a gambling tax of 18%.

iGaming | 05 May, 2017

SR Technics investing in new hangar

The maintenance, repair, and overhaul (MRO) service provider SR Technics sign a memorandum of understanding with Malta Enterprise and Malta Industrial Parks Limited to grow its Malta operations by investing €30 million in a new hangar. The investment is envisaged to create 400 new jobs in Malta.

Aviation | 04 May, 2017

Malta Stock Exchange eyeing iGaming listings

The Malta Stock Exchange (MSE) is hoping to attract iGaming companies to go public in Malta instead of Stockholm, London or Frankfurt and has invited the iGaming community to explore the regulatory, tax and financing aspects of listing and raising capital in Malta.

Capital Markets | 02 May, 2017

The Importance of Bitcoin in the Global Payments Ecosystem

Malta’s Prime Minister Joseph Muscat recently urged European regulators to embrace bitcoin and regulate cryptocurrencies. Muscat’s idea to turn Europe into the bitcoin continent is an interesting one, thinks bitcoin expert T. Jack Williams. For MaltaProfile, he delves further into the evolution of the payments sector and bitcoin’s future potential.

Financial Services | 25 Apr, 2017

Betting exchange to be set up in Malta

Plans for establishing a Maltese national betting exchange were unveiled by the Executive Chairman of the Malta Gaming Authority, Joseph Cuschieri, during a conference in St Julian's on the 20th of April.

iGaming | 25 Apr, 2017

Malta to become digital identity test-market

An event by EntrepreneurCountry Global gathered one hundred attendees from the Maltese business community for a thought-provoking roundtable on Digital Identity Management at the Malta Stock Exchange on Tuesday afternoon. One proposal raised was that if a Digital Identity Management law-package was adopted, Malta could become a suitable test-market for its wider application.

Financial Services | 05 Apr, 2017

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