Russia cost of living increases more than 14% as sanctions bite

March 24, 2022
by Solomon Cefai

Inflation is rising dramatically in the country

Rising housing and food prices lead to highest inflation in years

March 23, 2022
by Robert Fenech

The worrying trend does not seem to be slowing down

Vega Nutritionals appoint Prohealth as their sole agent in Malta

March 22, 2022
by BN Writer

Prohealth was founded in 1995 and has grown from a small team led by its founders to a fast-developing 60-strong ...

Explained: How international sanctions work and what they mean for Maltese firms

March 19, 2022
by Solomon Cefai

Finance Incorporated Ltd CEO Cenk Kahraman gives an overview of sanctions and how they work

PM Robert Abela confirms FATF task force to visit Malta in April

March 18, 2022
by Solomon Cefai

A task force will visit the island to assess the country's progress toward getting off the FATF's greylist

Russia turns to frozen foreign assets for debt payments in attempt to avoid default

March 17, 2022
by Robert Fenech

The United States said it would allow the payments to go through

Malta joins three other countries to block EU minimum corporate tax deal

March 16, 2022
by Robert Fenech

The date of the new deal's implementation has already been pushed back

Have banks become a stumbling block to business?

March 16, 2022
by Robert Fenech

‘It’s just so disappointing’: Businesses detail banking frustration

Trade finance, factoring & forfaiting solutions providers seek iMovo’s help for data integration

March 14, 2022
by BN Writer

'All of our data is now unified across the organisation'

Russian debt default ‘no longer improbable,’ warns IMF head

March 14, 2022
by Solomon Cefai

However, this default would not trigger a financial crisis

BOV reminds customers its cards will not work in Russia as from Thursday

March 9, 2022
by Robert Fenech

Any Visa card issued outside of Russia will not work withint the country, and vice versa

Malta Chamber welcomes FATF developments as site-visit expected by June

March 7, 2022
by Solomon Cefai

The industry body urged relevant authorities and stakeholders to remain committed to progress

Finaro announces acquisition by American leader in commerce tech – Shift4 – in $575 million USD deal

March 2, 2022
by BN Writer

Joining forces with Shift 4 allows both companies to expand their services and provide global merchants a complete offering

What high-risk companies can do to access banking services

March 1, 2022
by Robert Fenech

Electronic money institutions can be a lifeline for businesses rejected by banks

Rouble plunges by almost 30% against the dollar, as sanctions hit Russia hard

February 28, 2022
by Matthew Bonanno

Governments and companies across the world sever ties with Russia