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BUSINESSTODAY 2 December 2021

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Start with this. Earn 1.25%*p.a. On a 6-month fixed term rate in Euro Open a fixed-term savings account with MeDirect and start saving with a minimum of €100 for 6 months and get 0.75% p.a. interest plus 0.5% p.a. bonus for new customers. Now, that's banking in your best interest! Best interest rate on the island for a 6-month term deposit. 2557 4400 info@medirect.com.mt www.medirect.com.mt MeDirect Bank (Malta) plc, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371). The Bank is a participant in the Depositor Compensation Scheme established under the Maltese laws. Rates are quoted gross of tax on a per annum basis. Accounts can be opened with a minimum of €100 and interest is paid into an easy-access account. Terms and Conditions apply and are available upon request. The bonus shall be paid on the first €50,000 balance in the account and is only available to new customers who apply until 30th November 2021. Bonus will be paid to eligible customers in December 2021 SCAN ME Download our mobile app €1.50 THURSDAY 2 DECEMBER • ISSUE 132 WWW.BUSINESSTODAY.COM.MT PAGE 5 PAGE 6 PAGE 3 PAUL COCKS IMPORTED inflation, the higher price of imported goods as a result of supply chain disruptions and higher costs of freight, is the major concern of most companies and small businesses in Malta, BusinessToday has learned. Malta Chamber president Marisa Xuereb said that this higher cost of goods was the result of a number of factors, including scarcity of materials, transportation costs and delays in de- liveries. She said that local businesses were having to face the effects of global is- sues, like COVID and Brexit. Higher price of imported goods 'the major concern' for local businesses Wall Street strategists see more gains in 2022 TEVA Malta vice president Claire Pisani named Businesswoman of the Year STAR PERFORMER MSE FTSE 100 € EXCHANGE RATES Trading Date: 1 Dec 2021 Number of Trades: 68 Turnover: €542,547.57 MSE TRX Index: 7,817.500 (Change: 0.276%) Name BOV ORD SHARES MT0000020116 - Currency € Last Traded 1 Dec, 2021 Price 0.865 Change 0.015 US Dollar 1.1321 British Pound: 0.85201 Japanese Yen: 127.66 Australian Dollar: 1.5898 Swiss Franc: 1.0408 7,168.68 109.23 7,182.01 / 7,059.35 7,059.45 Value Net variation Previous close High / Low +1.55% Maltese companies and small business also worried about staff shortages and Brexit Malta Chamber president Marisa Xuereb

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