More new jobs for Malta as Lufthansa Technik expands

Europe’s biggest aircraft maintenance firm is to expand its operations in Malta, creating up to 100 new jobs. Lufthansa Technik plans to invest €25 million in additional facilities at Hal Farrug in Luqa. Malta’s economy minister Chris Cardona took to social media to reveal the good news. He tweeted: ‘Proud to announce that Lufthansa Technik […]

Bank of Valletta denies plans to axe 300 jobs

Workers at Malta’s oldest bank have spoken of their ‘huge relief’ after bosses confirmed there are no plans to axe 300 jobs. Bank Of Valletta strongly denied press reports that it intends to slash its workforce before Christmas. The bank said it had ‘no intention of shedding staff’ but hoped to ‘continue to recruit more’. […]

Unemployment in Malta and Gozo falls to a record low

Unemployment in Malta and Gozo has fallen to a new record low. The latest jobless figures are more good news for the Maltese economy, which is officially the fastest-growing in europe. In July, the number of people out of work and claiming benefit stood at 1,654 – a fall of nearly 10 per cent compared […]

Maltese business offered helping hand to grow overseas

HSBC has launched a new scheme to help Maltese companies grow overseas. The bank said its ‘global reach’ made it ideal for ‘ambitious businesses’ looking to expand and take advantage of ‘new horizons’. It said its €250 million HSBC International Business Fund would help take Maltese businesses to the next level. HSBC Malta chief executive […]