Finance Minister Tonio Fenech has welcomed the G20 agreement on financial regulation and tax havens saying that Malta’s transparent and credible financial regulation is paying off.  “The agreement to extend surveillance and regulation to areas of the financial sector that have been, hitherto, lightly regulated, is welcome,” Mr Fenech said. “We also welcome the agreed [...]

Finance Minister Tonio Fenech has welcomed the G20 agreement on financial regulation and tax havens saying that Malta’s transparent and credible financial regulation is paying off.  “The agreement to extend surveillance and regulation to areas of the financial sector that have been, hitherto, lightly regulated, is welcome,” Mr Fenech said. “We also welcome the agreed [...]

Lufthansa Cargo has deployed an MD-11 aircraft to service the weekly Malta route, replacing the 757 freighter used until early April, Lufthansa Cargo director for Italy and Malta Thilo Schäfer told The Times Business.
Mr Schäfer said the Saturday service has the potential to be extended and a second flight operating mid-week could be introduced in [...]

International Aviation Supply, a Brindisi-based company which manufactures unmanned aerial vehicles, better known as drones, is to set up a plant in Malta with an initial investment of €2.7 million, The Times Business has learned.
The 2,000 square metre Malta plant, which will employ 15 people, is to be based in Safi, near the Medavia aviation [...]

Factoring is still growing by as much as 80 per cent in some developing countries despite the economic crisis which has hit most of the world’s trade.   Speaking to The Malta Business Weekly in an interview, FIMBank President, Margrith Lutschg-Emmennegger, says that there are still some specific niche areas which are doing well notwithstanding the [...]