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THE
ECONOMIC UPDATE LOOKS
AT THE ELECTRONICS MANUFACTURING SUB- SECTOR, WHICH, AFTER
30 YEARS, NOW ACCOUNTS FOR 65 PER CENT OF MALTA’S MANUFACTURED
EXPORTABLE GOODS
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F O C U S
Labour Party shoots itself in
the foot over ‘partnership’
By Kurt
Sansone
The Labour Party’s scare mongering tactics over the implications
of EU membership were given a severe blow on Monday by none other
than deputy leader George Vella confirming that the ‘partnership’
his party is seeking with the EU is similar to the European Economic
Area arrangement for Iceland and Norway. READ
MORE >>
ST predicts Q2 growth
By
a staff reporter
With industry analysts predicting a slight recovery of the
world wide semiconductor market this year STMicroelectronics is
confident that it will outperform the market as it has done in the
past and bounce back from the bleak period suffered last year. READ
MORE >>
Inflation continues to climb
By
Mario Schembri Wismayer
Inflation continued to climb, confirming Shadow Minister
Leo Brincat’s predictions, which he made when he spoke to The
Malta Financial and Business Times on Wednesday 1 May. READ
MORE >>
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INTERVIEW
A (Bay) window of
opportunity
David Lindsay speaks to Bay Street director
Paul Camilleri, Bay Street Hotel general manager Tony
Coliero and Bay Street strategic director Silvio De
Bono about the way in which the commercial complex is
intertwined with the hotel and the special initiatives in
niche tourism markets |
OPINION
A maritime nation at heart
Transport and Communications Minister Censu Galea addresses the
I.M.T.M. International conference on ‘Ports and logistic platforms
in the Mediterranean area’
NEWS
Low premiums troubling insurance
companies
Local insurance companies seem concerned over the amount of cars
travelling along our roads. The increase in private motor vehicles
has also caused an automatic increase in road accidents, producing
a considerable amount of casualties
Collective agreement at Union
Press
- solution
in the offing
The new collective agreement for Union Press workers is now
in the offing. Months of talks between the union workers committee
and officials from the General Workers' Union seemed to have stall
with both sides sticking to their initial position
Majority of around 730 early retirement
applications accepted… but
The majority of around 730 early retirement applications will be
accepted by The Malta Dry-docks management. Only around 70 are to
be refused but this may catalyse protests as these workers feel
that they have the right to retire under the Early Retirement Scheme
launched in February
Shareholders approve Globe Financial
Management British American merger
In the latest stage of the merger process underway between Globe
Financial Management and the local operations of British American
Insurance (Mtius) Ltd, GFM shareholders last Friday approved a resolution
to merge
Maltese-born to head prestigious
fund management company
Maltese-born Philip Manduca has been appointed to head the alternative
investment division at Morley Fund Management. This newly set up
unit has assets of £2bn under fund management
Efficiency improving at government
departments
By Miriam
Dunn
The general perception is that government departments are inefficient,
slow and bureaucratic. But according to the findings of a recent
‘e-government services business survey’, most of us are
fairly satisfied with the services offered
Diving sector in focus
Tourism Minister Michael Refalo, speaking at the launch in Qawra
of Peter G. Lemon’s book "Guide to shore diving in the
Maltese Islands", last week released new statistical data relating
to the diving niche market
UK cargo agents on Malta visit
For the second consecutive year, Air Malta Cargo Systems invited
a group of UK Cargo Agents on a two-day visit to Malta as part of
its marketing activities
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Editorial 
