Companies Malta Latest Information

Companies Malta Latest Information

Malta Ridge, Round Lake fire companies weigh new site options
MALTA — The town’s fire companies are re-evaluating plans to build a shared, downtown fire station on Dunning Street after the Town Board declined to endorse their vision for the site.

Air Malta’s brand manager offering consultancy to competitor airlines
Melinda Kecskes, appointed as Air Malta’s marketing and brand manager in October, is a founder of and handles branding and marketing services at WeLow, a consultancy company which provides its services to Air Malta’s competitors.

Accounting trick to lead EU Commission to believe that Malta’s deficit was below 3% in 2011
To trick the EU Commission into believing that government had managed to bring down the deficit to below 3% and avoid being penalised for an excessive deficit, the Maltese government brought forward by a month the amount of VAT companies had to pay so that the revenue could be shown for 2011 rather than for 2012.

Grimaldi: Malta – Italy’s sole link - Maltese businesses worried
Maltese businesses are worried that Grandi Navi Veloci (GNV) based in Genoa will not be operating anymore trips to Malta and this leaves Grimaldi as the only sea link with Italy.

Malta-flagged ship owners disgraced after crewman turns whistleblower
A Filippino crewman on board a Malta-flagged freighter, stands to be handsomely compensated by a US court for serving as a whistleblower, revealing that the ship had illegally dumped oily waste and garbage into the sea as it approached Baltimore.

New Director General for the Malta Insurance Association
The Malta Insurance Association has announced the appointment of Mr Adrian J Galea as the new Director General of the Association. Mr Adrian J Galea, 47, a Masters graduate from the University of London, comes to the Association after more than fifteen years in the financial services industry.

EU directives on packaging waste not being achieved by Malta - PL
Labour spokesperson for the environment, sustainable development and climate change Leo Brincat said that contrary to the last published statistics almost four years ago in 2008, just 12% of the total packaging waste was recycled in Malta.

ACTA – a secret plan to outlaw cheap medicines
Most protests against ACTA were instigated by the secretive way it has tried to worm its way into EU legislation to look after the interests of select groups of commercial companies.

Malta’s biggest presence at International Gaming Exhibition in London
Malta’s Lotteries and Gaming Authority (LGA) said on Monday afternoon 50% of the exhibited stands in the remote gaming area in this year’s International Gaming Exhibition (ICE Totally Gaming) was occupied by Maltese or Maltese related companies.

Bloomberg: Malta continues to lure Hedge Funds
Jeremy Khan in Bloomberg Markets said that more hedge-fund executives are coming to Malta “lured by low taxes, cheap labor and a coveted address inside the European Union.”

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