Archive for February 2010

Air Malta fuel bill rose to €86m last year – airline among best performing in Europe

Feb 27th, 2010 | By maltainc | Category: Aviation Sector

Figures issued by the Association of European Airlines (AEA) show that in 2009 Air Malta was the 5th best performing airline in terms of passenger traffic compared to the 30 European airlines members of the Association.
In 2009 Air Malta transported 1,541,300 passengers (-2.6%) on scheduled services compared to the average -5.8% registered by the airline members of the Association, 3.2% [...]



Chamber seminar on doing business with Hong Kong

Feb 27th, 2010 | By maltainc | Category: Services to facilitate business

Doing business with Hong Kong will be the focus of a seminar at the Malta Chamber of Commerce, Enterprise and Industry on March 5 at 2 p.m.
Organised by the Chamber’s internationalisation desk, the event is one in a series of seminars putting the spotlight on various markets in which Maltese entrepreneurs could do business.
Since accession to China, Hong Kong [...]



Financial services sector grows by 22 per cent in 12 months

Feb 27th, 2010 | By maltainc | Category: Financial Services

The financial services sector has grown by 22 per cent over the 12 months to last September, and Finance Minister, Tonio Fenech, said he believes there is still a lot of potential growth, especially in such value added areas as portfolio management, fund administration and captive insurance.
Mr Fenech was addressing the Fimbank Trade Finance and [...]



Chamber, parliamentary secretary pledge close collaboration

Feb 27th, 2010 | By maltainc | Category: Services to facilitate business

The Malta Chamber of Commerce, Enterprise and Industry and the Parliamentary Secretariat for Small Business and Land have pledged close collaboration in a bid to help micro enterprises and SMEs prosper.
The small business sector was only recently included in the portfolio of Parliamentary Secretary Jason Azzopardi, who paid a visit to the chamber at the [...]



ProMinent Fluids expanding premises

Feb 27th, 2010 | By maltainc | Category: Foreign Investment

ProMinent Fluids, manufacturers of electronic equipment sensors and temperature measurement devices, is expanding its premises by means of a EUR5m investment.
The company, which currently employs 100 people, is expected to create 20 new job opportunities.
Finance Minister, Tonio Fenech, yesterday visited the ProMinent premises at the Bulebel Industrial Estate saying that the company’s decision to expand [...]



Cork-based software firm signs deal in Malta

Feb 25th, 2010 | By maltainc | Category: Software industry

Irish hi-tech firm, Intact Software, has signed a new partnership deal with a Maltese company to sell their business software in Malta.
Intact Software, with offices in Cork, finalised a new agreement with the Maltese firm, Technosoft.
Intact, a business management software package, developed in Dundalk and sold in Cork continues to show steady growth across Ireland, [...]