Following the adaptation of the European production standard EU-GMP, Panaxia will start production in the local facility in Malta. Obtaining the license allows immediate start of export and marketing of finished medical cannabis products in European standard from Malta. The immediate largest markets are Germany, Poland, UK and Brazil. "Obtaining the
Recovery from the pandemic, the ongoing crisis in Ukraine and high import and rising costs are all factors resulting in a greater shift in credit requests. The Malta Business Weekly speaks to JOSEF BUSUTTIL, Director General, Malta Association of Credit Management (MACM). MACM represents suppliers selling on credit in Malta and other creditors hailing
Special Edition: Insight Newsletter | 2022 View this email in your browser Dear Readers, 15 years ago, Malta’s finance industry came together to promote the country’s financial services sector internationally. FinanceMalta was set up in 2007 as a public-private partnership. Today, we are a vibrant community of more than 200 members, all working closely
British budget airline EasyJet revealed on Thursday that first-half net losses improved after COVID travel curbs were lifted across Europe. The carrier, which is based in Luton, north of London, follows Irish no-frills rival Ryanair in cutting losses as the aviation sector recovers from pandemic lockdowns. Losses after taxation narrowed to £431 million
Shares in Chinese tech giants plunged on Thursday morning after Tencent reported lacklustre profits, fuelling wider concerns for a grim earnings season as China’s economic outlook worsens. Tencent’s Hong Kong-listed shares plunged more than eight per cent in early trading, a day after it posted its slowest revenue gain since going public in 2004. Tech
Last Updated on Thursday, 19 May, 2022 at 10:18 am by Andre Camilleri The Malta International Shipowners Association (MISA) joins European shipowners in welcoming the strong cross- party support by the European Parliament for key provisions under the revised Emission Trading System for shipping. The European Community Shipowners’ Association (ECSA)
Asian markets posted big early losses on Thursday, after Wall Street suffered one of its worst batterings in two years in the previous session. Downcast earnings reports from retailers had exacerbated worries about consumer resilience and corporate profitability on Wednesday, sparking a rough day’s trade. On Thursday morning, Hong Kong was down by
Last Updated on Thursday, 19 May, 2022 at 9:34 am by Andre Camilleri Malta’s fastest-growing science company has signed a major agreement to become the exclusive Maltese partner of SOTAX, the world’s leading solution provider for pharmaceutical test equipment. Evolve, based in Luqa, said the deal will further enhance the firm’s already outstanding
Whether you are considering Malta as an investment destination, or looking for ways to grow and expand your existing business, here are 15 reasons why Malta should be on your radar. A Dynamic Industry in Transition We have a vision for an efficient, sustainable and tech-enabled finance industry, and are firmly focused on elevating our financial services
What’s next? Five Trends and Developments to Watch Over the past years, the financial services industry has changed, but instead of solely looking backwards at our progress, we are shifting our attention to five trends and developments that will shape the future of financial services in Malta and beyond. ESG versus Greenwashing Without a doubt, environmental,
