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BUSINESS TODAY 15 February 2024

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€1.50 THURSDAY 15 FEBRUARY 2024 • ISSUE 244 WWW.BUSINESSTODAY.COM.MT Switch from Air Malta to KM Malta 'surprisingly seamless' - MHRA president Effort to strengthen higher education programmes in business leadership PAUL COCKS CONTRARY to expectations, the transition from Air Malta to KM Malta Airlines has thus far been seamless, the president of the Malta Hotels and Restaurants Association has revealed. Tony Zahra told BusinessToday that the switch to the new airline did not disrupt the booking schedules and that signs, so far, were "very positive". "Results are in fact beyond expecta- tions and this is very good news for the industry and the country," he said. Air Malta, the national airline, will cease operations on 30 March, to be replaced on 31 March by KM Malta Airlines. PAGE 5 STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 14 Feb 2024 Number of Trades: 100 Turnover: €518,839.07 MSE TRX Index: 8095.120 Change: +0.353% Name: 5.75% PLG 2028 MT0002771203 - Currency € Last Traded: 14 Feb 2024 Price 102.000 Change +1.000 US Dollar 1.0522 British Pound: 0.86477 Japanese Yen: 144.59 Australian Dollar: 1.5451 Swiss Franc: 0.98700 7,613.67 78.12 7,613.39 / 7,312.00 Value Net variation High / Low +0.86% → direct My investments, My way. Whether you are a pro in investing or just starting out, MeDirect provides the tools you need to put your money to work – safely, simply and on your own terms. MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of Banking in terms of the Banking Act (Cap. 371) and investment services under the Investments Act (Cap.370). medirect.com.mt 2557 4400 PAGE 2 Road traffic accidents during Q4 2023 reached 3,977 The number of reported traffic accidents during the fourth quarter of 2023 reached 3,977, up by 4.2 per cent over the same period in 2022. The Northern Harbour district registered the most accidents with 1,432 cases or 36.0 per cent of all accidents. Road traffic casualties increased by 12.1 per cent to 427 over the same period in 2022. The injuries suffered by three drivers and four pedestrians proved fatal. e University of Malta's Faculty of Economics, Marketing and Accountancy (FEMA) officially joins forces with PwC Malta and e Concept Stadium Road traffic accidents and fatalities by period MHRA president Tony Zahra ON Tuesday, the University of Malta's Faculty of Economics, Marketing and Accountancy (FEMA) officially joined forces with PwC Malta and e Con- cept Stadium, with the aim of strengthening higher education programmes in Business Leadership. e event was hosted by the UM Rector, Prof. Al- fred J. Vella at the Council Room within the Msida Campus. Discussions about Organisation and Business Leadership come against the backdrop of the year- on-year increase of registration of new business units.

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