Issue link: https://maltatoday.uberflip.com/i/260953
41 maltatoday, Sunday, 16 February 2014 Events The management of Attard & Co Ltd. is pleased to announce that it will establish separate joint ventures with IAG-Pacific Group Pte Ltd and Six Capital Pte Ltd to facilitate the companies' corporate ambitions in Europe and the Mediterranean in the energy and financial/treasury sectors. With SINO European Commercial Centre, the Asian extension of ACO, coordinating discussions between the three groups in the last couple of months, this project is now coming to fruition. The objective of the co-operation covers (i) the wholesale and retail trading of commodity/petrochemi- cal products, and (ii) the develop- ment of foreign exchange (FX) train- ing and trading in Malta. Prof. Luciano Mule Stagno, Chair- man Attard & Co Ltd extends his support by saying that we are happy to announce our partnership with IAG Pacific and Six Capital. With our long and established history and diverse portfolio of services we are strategically positioned to support and add value to this venture. We look forward to a long and mutu- ally beneficial relationship with both companies. IAG's Chairman and Executive Di- rector, Dr Goh Jin Hian says: "Pend- ing the approval of the Singapore-EU FTA and the Partnership and Coop- eration Agreement (PCA), we have gone ahead to establish a presence in the EU via Malta as our preferred gateway in the Mediterranean owing to its geo-political location and prox- imity to mainland Europe, North Africa and the Middle East. Malta has an island-economy much like Singapore and Hong Kong with little natural resources and a dependency on intellect and investment capital. I believe that Malta has the potential to punch well above its weight class." IAG confirms that it will establish IAG-Pacific Group (Malta) Co. Ltd with ACO to address the needs of its various stakeholders including sov- ereign governments, the private sec- tor oil and gas providers and market lead-steers who wish to open chan- nels for a proposed Euro-Asian plat- form for oil trades. Separately, SixCap intends to in- corporate SIXCAP Financial Group Co., Ltd for the development of Mal- ta into a Centre of Excellence for FX training and trading for Southern Europe and North Africa and place suitable candidates into employment at SixCap's Utility Trading Centres across the People's Republic of Chi- na, India and the emerging markets in Asia. SixCap's Founder and Chief Deal- er, Patrick Teng adds: "My vision is to create future jobs worldwide by empowering passionate individuals with a life-skill in FX trading to earn a life-long income. In Asia, we have just embarked on a two-year partnership with Dow Jones' Wall Street Journal Asia, in the Future Leadership Programme, to train (via eLearning) 100,000 train- ees from universities of the emerging markets. We plan for Malta to be our opera- tional base to train FX Dealers from Southern Europe and North Africa region and then place into employ- ment at Six Capital's Utility Trad- ing Centre in Shanghai and into the dealing rooms of banks in China; so as to contribute towards the finan- cial sector liberalisation of China. We also plan for Malta to receive and train finance graduates from China & India; at Six Capital's Util- ity Trading Centre in Malta, which we plan to establish in collaboration with our local partner Attard & Co. Both IAG and SixCap are head- quartered out of Singapore – Asia's largest oil trading hub and the world's third largest FX center after London and New York, with a daily clearing volume of $388 billion. The management of IAG, SixCap and ACO revealed that there are on- going discussions amongst them- selves, and with various parties relat- ing to the partners' shared vision of developing the Mediterranean Oil & Gas and FX Sectors, and will be an- nounced once the parties are ready. Emirates and Jetstar have an- nounced an agreement which is set to open up new destinations for Emirates passengers across Australia, New Zealand and South East Asia as the Dubai-based airline continues to connect people, places and passions. Emirates' code will now be placed on a number of routes operated by Jetstar Airways in Australia, New Zealand and Asia, giving passen- gers access to 27 new routes and six new destinations such as Bali in Indonesia, Byron Bay in Australia, Dunedin in New Zealand and Siem Reap in Cambodia. Members of Emirates Skywards, the airline's frequent flyer pro- gramme, will be able to earn Miles for flights on Jetstar-operated routes which have the Emirates code, they will also be able to use their Miles to purchase reward flights on any Jetstar operated route, starting from just 7,025 Skywards Miles. "This new link between Emirates and Jetstar offers our passengers a number of benefits including new routes to destinations that are not part of the Emirates network to- day," said Adnan Kazim, Emirates' Divisional Senior Vice President, Planning, Aeropolitical and Indus- try Affairs. From 6 April, all Emirates' pas- sengers on Jetstar flights will re- ceive boarding passes on check-in at their first international depar- ture point for connecting interna- tional services. The codeshare includes seven do- mestic routes in Australia to add to the 50 that Emirates already code- shares with cornerstone investor in the Jetstar Group, Qantas; four new routes in New Zealand, six new routes between Australian and New Zealand over the Tasman Sea and ten international routes out of Singapore to Indonesia, Cambodia, Vietnam, Malaysia, Thailand and Hong Kong. Emirates/ Jetstar codeshare itin- eraries will be on sale from the 13 February 2014 for travel from the 6 April 2014. Emirates frequent f ly- ers will be able to redeem f lights with points from the 1 March 2014. Emirates operates daily sched- uled f lights from Malta to Dubai. On Mondays, Wednesdays, Thurs- days and Saturdays Emirates f lies via Larnaka, Cyprus, while on Sundays, Tuesdays, and Fridays, the airline operates direct f lights from Dubai to Malta and return f lights f ly via Tripoli During a bazaar organised by Lions Club Mdina at Dar Qalb Ta' Gesu, the sum of €2,500 was collected, out of which €1,000 were collected from St Michael's School of San Gwann and Pem- broke. These funds will go towards re- furbishing the community hall of this second shelter for victims of domestic violence. Pictured left to right: Lion Secretary Rita Sul- tana Lion President Mary Anne Abela Judith Debono Adminis- trator of Dar Qalb Ta Gesu Lion Maria Micallef and Lion Treas- urer Anna Cassar. Fourth-generation Maltese family conglomerate in joint venture with Singapore Emirates and Jetstar launch new codeshare and frequent flyer agreement Lions Club collect money for Dar Qalb ta' Gesu Prime Minister Joseph Muscat