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Setting the record straight
From Dominic R. Attard, Managing Director & CEO AZZURRAair - Bergamo - Italy
Articles have recently appeared in a section of the Maltese press concerning AZZURRAair, the Italian regional airline in which Air Malta holds substantial financial and strategic interests...


The taming of the deficit
Is the government spending beyond its means?

The Malta Financial and Business Times lays out the facts

 29 AUGUST 2001 ISSUE NO. 200

Remote control:
Economic Services Minister Josef Bonnici yesterday visited Hetronic Malta Ltd at the Mosta Technopark. Hetronic’s Malta branch was founded in 1994 and it is an affiliate of the German company Hetronic Steuersysteme GmbH. Hetronic produces radio remote control systems and wireless videosystems for industry

Photo by Paul Blandford

Dalli says Civil service salaries adequate
By Kurt Sansone
Following the salary rises and corrective measures agreed to last year for civil service employees, government does not see the need to give further salary rises in the forthcoming collective agreement, which is due by the beginning of next year

Maltacom profit down by 17.3 per cent
Before Price Club’s demise Maltacom customers could have utilised the supermarket chain to pay their telephone bills. According to Labour MP Anglu Farrugia Priceclub did not pass on the payments amounting to Lm750,000 to Maltacom

Maltese-registered ship sinks off coast of Mauritius
The Merchant Shipping Directorate of the Malta Maritime Authority is investigating a causality involving a Maltese registered ship, Buff Bay, reported to have foundered early yesterday morning some 200 miles off the south east coast of Mauritius.
The Buff Bay is a 1981-built general cargo ship of 4,718 gross tonnage and was on a journey between Indonesia and East Africa with a 6,000 tonnes cargo of bagged cement.
Preliminary reports indicate that the foundering was due to a flooding of the cargo hold. All 16 crew members of the ship are reported safe on board the Cyprus-flagged ship Barnhard Schulte bound for South Africa.

Karmenu Vella
Former Tourism minister has worn many hats in his time. He is currently the MLP's spokesperson on tourism and a Deputy Chairman Corinthia Hotels International. However, apart from being a former tourism minister, he has also held the posts of minister of public works and industry. Here, Mr Vella speaks to Ray Abdilla on tourism and whether the country is, indeed, on the right track
In the NEWS

Trade gap down 42 per cent
Sea transport by Gozo Channel up
La Valette Mediterranean Rim fund now open for the public
Money Market Report 20-24 August
Fimbank issues half-year profits
Harry Vassallo writes to Regent Hotels
Emirates crew honoured for saving life in mid-air drama


The Business Times, Network House, Vjal ir-Rihan San Gwann SGN 07 Tel: (356) 382741-3, 382745-6 | Fax: (356) 385075
Editor: Saviour Balzan
e-mail: [email protected]